Sweden issues first online gaming licences

Sweden issues first online gaming licences

Friday, November 30, 2018 Posted by News Team
Sweden
Bet365, GVC, Kindred and Betsson among first to be approved for 2019 Swedish launch

Swedish gambling regulator Lotteriinspektionen has handed out the country’s first online gaming licences, with 12 operators approved to enter the country’s re-regulated market from January 2019.

The first round of licences also sees Svenska Spel issued a licence that confirms its monopoly for lottery games and land-based slot machines. The company will also be able to compete against private operators in the online casino space for the first time, with its Svenska Spel Sport & Casino subsidiary securing online betting and gaming certificates. 

It will be joined in the market by a number of high-profile Nordic operators including Kindred Group, Casumo, LeoVegas and Betsson, which was granted separate licences for its Betsson, NordicBet and SverigeAutomaten brands. 

The international operators were in the minority in this first round of certifications, with bet365, GVC (for its bwin, partypoker and partycasino brands) and Tombola all approved to launch once the market opens. 

Others including Interwetten, white label operator SkillOnNet and Malta licensee SuprPlay were also successful in their applications.

“This is a historic day for the Swedish gambling market,” Lotteriinspektionen director general Camilla Rosenberg commented. “I am very proud that the inspectorate’s staff, under severe pressure and dealing with totally new legislation, was able to issue these first licence decisions.

Rosenberg revealed that the regulator, which will be renamed the Spelinspektionen from January 2019, had received 95 licence applications, of which around 70 relate to iGaming. 

“Since one of the objectives of re-regulation was to channel players towards legal offerings, it is gratifying that so many gaming companies currently active in Sweden are keen to be part of the new, licensed market after the turn of the year,” Rosenberg added.

Further licence decisions are expected to follow before the end of the year.

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