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Sweden: Kambi Group acquires esports company Abios

August 25, 2021 - Kambi Group has acquired global esports specialist Abios for an initial consideration of SEK 150m ($17.2m) in cash, with up to SEK 120m to be paid in earnouts. Such earnouts... Read more »

Swedish Gambling Authority and IBIA join forces on sports betting integrity

January 16, 2024 - The Swedish Gambling Authority (SGA), Spelinspektionen, has signed a memorandum of understanding (MoU) on sports betting integrity with the International Betting Integrity Association (IBIA). The purpose of this MoU is... Read more »

Tottenham Report: Igaming Sweden — An opportunity to win the channelization battle?

December 6, 2023 - When Sweden re-regulated its igaming market in 2019, it was seen as a hugely positive change for the industry, stimulating a raft of exciting market-growth opportunities for ambitious operators and... Read more »

Sweden’s Q3 operator revenue steady at SEK6.7bn

November 8, 2023 - Gross gaming revenue (GGR) from Swedish licence-holders remained steady at SEK6.7bn ($611.1m) compared to the previous quarter. The sharpest increase in turnover came from land-based casinos, registering a 30.5% increase... Read more »

Sweden: Kambi signs long-term agreement with Svenska Spel, aiming for H2 2024 impact

October 3, 2023 - Kambi was chosen to provide Svenska Spel Sport & Casino with an online and retail sportsbook. The collaboration is anticipated to yield financial impacts commencing in H2 2024. As part... Read more »

Sweden’s gambling regulator nets funding boost from government

September 14, 2023 - Sweden’s gambling regulator, Spelinspektionen, is set for a funding boost to ensure it meets Europe-wide commitments to counter match-fixing. The government plans to increase Spelinspektionen’s budget over the next three... Read more »

Internet Vikings to provide hosting for sports betting in Kentucky and North Carolina

July 26, 2023 - Internet Vikings Wednesday announced it will provide hosting for sports betting and igaming in Kentucky and North Carolina. Sports betting in Kentucky is scheduled to go live September 7, 2023.... Read more »

Sweden: Net profit edges up despite 1.3% revenue dip at Svenska Spel

February 9, 2023 - Svenska Spel reported a small year-on-year increase in net profit for its 2022 financial year despite a 1.2% decline in revenue, while the operator is also set to propose an... Read more »

Gaming operator calls for ad ban and higher taxes in Sweden

July 13, 2022 - Ã…land regional-owned gaming operator, Ã…lands Penningautomatförening (Paf), have called on the Swedish government to ban gambling advertisements as well as raise the gambling tax. The remarks were made at the... Read more »

MGM Resorts offers to buy Sweden’s LeoVegas for $607 million

May 2, 2022 - MGM Resorts International on Monday offered to acquire Swedish online gaming company LeoVegas AB for about $607 million, paving the way for the U.S. casino operator to expand its presence... Read more »