Sweden

Swedish Government Plans Total Ban on Gambling with Credit

Vanja Mitic
Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases
Sweden is preparing to introduce a far-reaching ban on gambling with credit in a move aimed at protecting consumers and promoting a more sustainable gaming environment. Under the newly proposed legislation, gam...

Swedish Gambling Authority Bans Simba NV for Unlicensed Operations in Sweden

Vanja Mitic
Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Unlicensed Operation, Licenses, Online Gambling News
The Swedish Gambling Authority (SGA) has issued an immediate ban against Simba NV, a gambling operator based in Curaçao, after discovering that the company had been offering gambling services to Swedish consume...

ATG and Suomen Hippos Join Forces to Launch Betting Company in Finland

Johnny K.
Sweden, Latest Casino and Gambling News, World Casino News, Gaming Industry News, European Casino News, Horse Racing, Finland, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Swedish horse racing and betting operator AB Trav och Galopp (ATG) has entered into a significant partnership with Suomen Hippos, the governing body for Finnish trotting and horse breeding. The two entities hav...

Cherry AB Considers Selling ComeOn Group Amid Market Challenges

Johnny K.
Sweden, Casino Sales, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Swedish gaming operator Cherry AB is exploring options to sell its online casino and sports betting subsidiary, ComeOn Group, as part of a strategic shift in focus. Cherry, owned by private equity firm Bridgepo...

Proposed Casino Cosmopol Closure Could Escalate Illegal Gambling in Sweden

Vanja Mitic
Sweden, Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Casino closures, Gaming Industry News, Economy/Finance, European Casino News
Spelinspektionen, the Swedish gambling regulator, has expressed significant concerns regarding the proposed discontinuation of Casino Cosmopol, Sweden's state-owned land-based casino. The government's decision ...

Small House BV Prohibited from Offering Unlicensed Games in Sweden

Johnny K.
Sweden, Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, European Casino News, Unlicensed Operation, Licenses, Online Gambling News, Crime, Licensing
The Swedish Gaming Authority (Spelinspektionen) has officially prohibited Small House BV from operating within the country due to the company’s lack of the necessary licensing. This decision is part of Spelinsp...

Paf Celebrates Record €177.1 Million Revenue, Warns of Impact from Rising Gaming Taxes

Johnny K.
Sweden, Latvia, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Estonia, Finland, Taxation, Online Gambling News, Taxes, Financial Press Releases
Paf has achieved a record revenue of €177.1m (£150.8m/$191.4m) in its 2023 financial year, marking a 6.9% increase from the previous year. The Nordic gaming operator also posted a notable 23% rise in net profit...