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Underperforming Casino Cosmopol fails to take Sweden over GGR target line in 2023

March 5, 2024 - Spelinspektionen, Sweden’s Gambling Inspectorate, has released its annual report on total gambling turnover for the year ending December 2023. According to the numbers, Swedish licence holders managed to accumulate a... Read more »

Sweden’s 180-degree turn on credit gambling ban draws industry criticism

February 26, 2024 - The Swedish Trade Association for Online Gambling (BOS) has taken a stance against the Ministry of Finance mandate for a comprehensive ban on gambling with credit. According to the proposal... Read more »

Sweden: Svenska Spel to close Casino Cosmopol locations in Gothenburg and Malmö

January 25, 2024 - Svenska Spel intends to close its Casino Cosmopol venues in Gothenburg and Malmö due to their limited profitability, the operator announced on Wednesday. With the rise of online casino causing... Read more »

Sweden: Casino Cosmopol accepts $197K penalty for AML failings

December 19, 2023 - Casino Cosmopol will pay a SEK2m [$197,000] penalty for anti-money laundering (AML) failings following a probe by Swedish regulator Spelinspektionen. The gambling watchdog also handed a warning to the Swedish... Read more »

Sweden: Svenska Spel names Anna Johnson as new CEO

December 18, 2023 - Swedish state-owned gambling operator Svenska Spel has named Grant Thornton’s Swedish leader Anna Johnson as its new chief executive. Johnson will succeed Patrik Hofbauer no later than June 2024, with... 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 »

Pragmatic Play launches in Spain and Sweden with bet365

November 15, 2023 - Supplier Pragmatic Play has expanded into two new European locations with operator bet365. The two new locations the companies have expanded their partnership into are Spain and Sweden. Players in... 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 proposes gambling tax increase

September 21, 2023 - Sweden’s government (Regeringen) has announced proposals to increase the gambling tax rate in the country from 18% to 22% of gross gaming revenue (GGR). If approved, the tax rise will... Read more »