Sweden receives 60 licence applications ahead of market re-regulation

Sweden receives 60 licence applications ahead of market re-regulation

Monday, October 8, 2018 Posted by News Team
Sweden
Newly-regulated market to open on January 1st, 2019

Swedish gambling regulator Lotteriinspektionen has warned that it may not succeed in processing all licence applications by the time the country’s re-regulated gambling market opens in January 2019, with 60 applications submitted to date. 

Gaming operators have submitted the 60 applications since the licensing window opened on July 1st, with 55 of the total for online betting and casino licences, in what Lotteriinspektionen director general Camilla Rosenberg described as a “hectic” period for the regulator.

However, Lotteriinspektionen said that having reviewed all applications received to date, a number of applicants needed to make “comprehensive additions” to their iniital submissions. It has begun to send out requests to the relevant companies for additional information, and warned that those that fail to send this information in an allotted time may not secure a licence by January 1st, 2019. 

The regulator also encouraged operators to continue sending in new applications, noting that there was no limit to the number of licences that could be awarded in the country. 

Lotteriinspektionen added that it continued to receive a number of questions from the gambling industry about the language used in the licence application document. These mainly related to responsible gaming and match-fixing, it said. 

While the regulator aimed to answer as many questions as possible, it said that its focus was on processing the applications, meaning it did not have the time or resources to answer all queries. 

It will look to regularly update the frequently asked questions section on its website, as well as providing information through the trade associations SPER and Branschföreningen för Onlinespel (BOS).

Lotteriinspektionen also said that it was unable to provide advice on how legislation should be interpreted with regards to gambling marketing, and advised applicants to ensure their strategies would contribute to a “safe and secure gambling market”.

Latest
Delaware

Delaware iGaming market hits new high in September

Mobile

BetVictor launches Nektan E-Lite B2B platform

NetEnt

NetEnt seals New Jersey supply deal with Churchill Downs

Court

Paddy Power Betfair to pay £2.2m for player protection and AML failures

Gaming Products & Services Directory

The essential directory for the gaming industry