Compliance Updates
Sweden’s Spelinspektionen Clarifies New Sports Betting Restrictions
The Swedish gambling authority Spelinspektionen has sought to clarify the scope of new restrictions on the markets that licensed operators can offer for betting.
New rules on sports betting that enter force on January 1 prohibit betting on football leagues below Sweden’s top four tiers. They also prohibit betting on violations of rules, such as bookings and red cards in football, and on the individual performance of players aged under 18.
Spelinspektionen said that the new rules against betting on under 18s’ “individual performance” cover bets on scoring or shots on goal in team games like football, performance in individual sports such as athletics, skiing, or shooting, and performance in singles matches in sports such as tennis, badminton or table tennis.
However, the rules do not prohibit betting on doubles matches in sports such as tennis if the other participant in the doubles team is over 18, provided that the bet is on the pair’s overall performance or on the adult’s performance but not specifically on the under 18’s performance. But, if the majority of players (three out of four) in a doubles match are under 18, then all betting will be forbidden.
The new regulations apply to events in Sweden only. For competitions that have more than one leg, with one leg held in Sweden and one or more held abroad, both the event held in Sweden and the overall result of the competition will be subject to the regulations, but not the individual event or events held outside of Sweden.
As for betting on violations, operators had queried whether the restrictions prohibited taking bets on penalties or free kicks. Spelinspektionen has clarified that betting on a penalty or free kick being awarded will be prohibited, but betting on the result of the penalty of free kick once it has already been awarded will not.
The regulator also clarified that all of the regulations also apply to esports, but again only to competitions that take place in Sweden.
Compliance Updates
Stakelogic Secures License to the newly regulated Danish market
Industry-leading provider secures license to provide slots and live content in Denmark
Award-winning casino content provider Stakelogic has obtained a license from the Danish Gambling Authority, Spillemyndigheden, to provide its gaming content in Denmark.
The license will allow Stakelogic to bring its premium portfolio of online casino slots and live dealer content to the Danish market, including recent releases like Fire and Gold Cluster Breaker, Super Wheel Game Show, Trident of Legends, and The Watcher.
Stakelogic is able to partner up with leading Danish operators, establishing itself as a must-have provider in the country. The move further highlights Stakelogic’s commitment to strengthening its position in the European market and exploring new and exciting regulated markets.
The license also further cements the company’s presence in the Scandinavian markets, having secured a license from the Swedish authority, Spelinspektionen, in 2023 and establishing itself as a popular provider among Swedish players.
Denmark is one of Europe’s fastest-growing markets, with a strong focus on customer care and responsible gambling. Stakelogic is proud to have met all the requirements needed to obtain the license, highlighting its commitment to providing players with the best and safest gaming experiences.
Stephan van den Oetelaar, CEO at Stakelogic, said: “Denmark is one of the fastest growing markets in Europe, and we are proud to have achieved a license to the newly regulated market.
We are grateful to Spillemyndigheden for their support in us and we are excited to take our next steps into the market.”
The post Stakelogic Secures License to the newly regulated Danish market appeared first on European Gaming Industry News.
Compliance Updates
UKGC Appoints Charles Counsell OBE as Interim Chair
Charles Counsell OBE has been appointed as Interim Chair of the UK Gambling Commission (UKGC) for a nine month term which will commence on 1 February 2025.
Charles was Chief Executive Officer of The Pensions Regulator from April 2019 to March 2023. Prior to this he was CEO of the Money Advice Service, and Executive Director of Automatic Enrolment at The Pensions Regulator.
As CEO of The Pensions Regulator, Charles developed the new corporate strategy to put the pension saver at the heart of the Regulator. He delivered their first Equality, Diversity and Inclusion Strategy and Climate Change strategies – both focused on driving change in the regulator and across the Pensions Sector.
Throughout his career, his roles have focused on setting up and delivering large change programmes requiring significant stakeholder relationship engagement: initially in the private sector and latterly in senior public sector appointments.
The post UKGC Appoints Charles Counsell OBE as Interim Chair appeared first on European Gaming Industry News.
Compliance Updates
SYNOT Games Secures Danish License
SYNOT Games has obtained a B2B online slot games supplier license in Denmark, authorising the company to supply its gaming content within Denmark’s regulated market. This B2B license, issued by the Danish Gambling Authority (Spillemyndigheden), becomes effective on January 1, 2025, aligning with new regulatory requirements mandating that all game suppliers hold such a license from that date forward.
This development enables SYNOT Games to offer its portfolio of slot games to Danish operators, reinforcing its commitment to compliance and responsible gaming practices.
“Obtaining the B2B license from the Danish Gambling Authority marks a significant milestone for us in the Danish market. This license not only aligns with new regulatory requirements but also reinforces our commitment to adhering to the highest industry standards. We are thrilled to continue offering Danish players the immersive gaming experience our portfolio provides,” said Martina Krajčí, CCO of SYNOT Games.
The post SYNOT Games Secures Danish License appeared first on European Gaming Industry News.
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