Sweden

Smarkets introduces betting exchange to Swedish market

 The HALLO ECHO
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  Betting exchange Smarkets has launched in Sweden after receiving approval from the national regulator. The London-headquartered company operates one of the world’s leading peer-to-peer platforms for trading on sport, politics and current affairs, and it is now available to users in Sweden at smarkets.com. Smarkets will become the second licensed betting exchange in Sweden,…

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Golden Race receives Swedish certification

 The HALLO ECHO
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  Award-winning Virtual Sports and Betting Technologies provider, Golden Race, has just had its Virtual Sports certified for the Swedish market. This enables Golden Race to distribute its complete suite of products, including races, football leagues and tournaments to licensed operators in Sweden. The certification has been issued by Quinel, a reputable, internationally accredited testing…

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Pinnacle re-launches in Sweden as fully licensed operator

 The HALLO ECHO
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  Pinnacle has re-opened its Swedish site after a two-year absence in which it applied for a licence under the new regulatory regime. The company received approval from the Swedish regulator in December 2019 but has waited for the right moment to launch. When Swedish football, the Allsvenskan, was given the green light to start…

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Sweden’s Spelinspektionen Submits Match-fixing Regulations for EC Approval

 The HALLO ECHO
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  Swedish gambling regulator Spelinspektionen has submitted new rules on match fixing to the country’s National Board of Trade, for the board to notify the European Commission of the changes, and has conducted an impact assessment of the rules. The new rules would limit betting to the top four divisions of football. Also, betting on…

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EGBA Criticises New Online Casino Restrictions in Sweden

 The HALLO ECHO
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  As part of the measures to protect citizens during the coronavirus lockdowns, the Swedish government has enforced a deposit limit of 5000 SEK (€471) per week for online gamblers. In response, the country’s gambling regulator Spelinspektionen has warned that the deposit limit will have a marginal effect on most Swedish gamblers and could drive…

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Swedish Regulator Penalises L&L Europe for Self-exclusion Failures

 The HALLO ECHO
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  Spelinspektionen, the Swedish Gambling Authority, has issued a warning and SEK600,000 penalty fee to L&L Europe Ltd for self-exclusion failures. L&L Europe operates 14 casino sites in Sweden, including the Fun Casino, HyperCasino, No Bonus Casino and Norge Casino brands. An investigation into L&L started after self-excluded players told Spelinspektionen that they had been…

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