Swedish regulator, Lotteriinspektionen, has given twenty license applications. This occurred right after the Betclic Everst Group, Betway and The Stars Group got their approvals.
All of them received both sports betting and online gaming licenses. The Stars Group is planning on displaying various versions of its PokerStars Casino, Full Tilt, and BetStars brands. On the other hand, Betway is going to stick to their core brand.
Furthermore, Malta-based operator, Tipwin, has also been rewarded with gaming and sport betting licenses, while Mandalorian Technologies managed to grab an online gaming certificate.
Mandalorian Technologies allows gameplay with no registration necessary via these two brands – PrankCasino.com and NoAccountCasino.com.
When it comes to more news regarding license applications and other similar topics, we can expect new information and announcements during this month before the re-regulated market opening on January 1, 2019.
First Licenses Given:
Just recently, the Swedish Gambling Authority granted first licenses. Camilla Rosenberg, its director, commented on this, saying:
“This is a historic day for gambling in Sweden. I am very proud that staff at the Swedish Gambling Authority, working under severe pressure and with completely new legislation, have now reached decisions regarding the first licenses.”
They have received plethora license applications up to that day, around 95 of them. More than seventy of these requests are in some kind of correlation with the online gambling market!
On the other hand, no one knows exactly how many companies have actually applied for this, due to the fact that there are many corporations out there that own many brands.
Mrs. Rosenberg touched this upon this subject too and stated:
“Because one of the objectives in reforming legislation was to achieve high channelization, it is gratifying that many gambling companies that are currently targeting the Swedish market want to be part of the new licensing market next year.”
Rules That Must Be Obeyed Regarding Betting:
Even though these steps concerning licensing represent generally positive attitude towards gambling, there are some basic rules that must be respected when it comes to betting. In this case, the Swedish Gambling Authority will have a major role.
These are the rules that every gambling firm must abide:
- Betting is not allowed on events where most individuals are minors
- It cannot be permitted if by any means it represents something that is potentially offensive and incongruous
- It will not be authorized in parts that will be subject to forthcoming regulations regarding prohibition of match fixing
Source: “First Licenses Awarded” https://www.lotteriinspektionen.se/en/press-contact/notes-archive/first-licenses-awarded/ lotteriinspektionen. December 12, 2018,
Comment: Great news! I’m glad they did it!
