A unique survey on the state of play in measures against money laundering and terrorist financing in the gambling industry

The Swedish Trade Association for Online Gambling, BOS, has commissioned the consulting firm Advisense to conduct a unique survey among its member companies this fall to strengthen their work against money laundering and terrorist financing.

The online gambling market in Europe is estimated to 100 billion euros and is rapidly growing due to increased internet usage, smartphones, and new platforms for gaming and betting. With this growth new risks emerge. Challenges are reflected in recent sanctions by supervisory authorities focusing on the need for risk assessment, enhanced customer due diligence, adequate controls and monitoring.

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“The gambling market should be a place for joy, entertainment, and excitement—and the occasional big win. Criminal activities must be eradicated. Our tolerance for money laundering in the gaming industry is zero. Together with Advisense, we are now setting a spotlight on ourselves to identify how we can improve our work against money laundering,” says Gustaf Hoffstedt, Secretary General of BOS—The Swedish Trade Association for Online Gambling.

“The AML State of Play survey will be an important step to strengthen the ongoing efforts. Online gambling is a high-risk industry for money laundering and terrorist financing both internationally and in Sweden. Extensive measures have already been taken since the Swedish gambling industry was regulated in 2019. The ability to share collective expertise and exchange experiences from both the gaming and financial industries will be of great significance going forward,” says Christine Enström, Managing Director & Head of Financial Services at Advisense.

The results of the survey will be communicated by BOS later this autumn.

The Swedish Trade Association for Online Gambling—BOS—represents gaming companies and developers of online games targeting Swedish consumers. The association was founded in 2012 to represent the industry in Sweden and abroad.

Advisense is a market-leading expert firm in Europe specializing in governance, risk, and compliance, offering cutting-edge advisory services and tech solutions. Since 2008, Advisense has grown to 450 employees based in Bergen, Brussels, Copenhagen, Gothenburg, Frankfurt, Helsinki, Malmö, Oslo, Riga, Stockholm, and Vilnius.

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Here are this weeks latest slots releases compiled by European Gaming

Nolimit City shreds its way into the skate world with Skate Or Die. Chad a.k.a Plantface is determined to make it to the big leagues even if that means breaking some bones in the process! Venturing into new and unique themes is nothing new to Nolimit City who have done the same thing in the past, with releases such as Loner and Road Rage.

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BGaming is driving players to unleash their inner monarch in a regal-themed classic slot Royal Fruits MultiLines. This title includes a contemporary take on nostalgic fruit symbols, a line choice option, as well as Best Win and Best Multiplier panels. With a luxurious red backdrop, upbeat soundtrack and top-of-the-line audiovisual effects, the classic Royal Fruits MultiLines injects an ounce of sparkle into the reels with the chance to collect flavoursome wins.

Having recently launched with innovative mobile-first casino platform, SuprNation, to supply its games in the UK market, Swintt is delighted to announce it has now teamed up with the brand’s parent company, DoubleU Games, to launch an all-new slot. Known as Ocean777, the game is now available via the SwinttPlatform to SuprNation’s players in the UK, with Sweden and Malta to follow, where they dive into a world of wins where collecting lucky sevens could result in them reeling in the catch of the day in the form of one of six local jackpots worth up to 10,000x their bet.

Play’n GO, known for its diverse and imaginative slot offerings, brings iGaming fans Buildin’ Bucks, a fairytale-themed slot that embodies the greatness of past titles, whilst making bold new strides into the future. Set in an elf-filled grassland, this 5×3 online slot invites players to join a team of industrious builders who are up against a mischievous Leprechaun determined to bring their construction empire crashing down.

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Booming Games are back at it again, welcoming a brand new slot to their ever-expanding tribe: the ingenious Chief Hawk’s Spirit Walk. This Native American–themed addition to Booming’s casino collection is a classic 5×4 slot with 30 fixed paylines and a whole feast of features. Those features include the Spirit Walk re-spins, triggered when a Stacked Wild lands in full on the reels.

Get ready to conquer the realms and claim the treasure that’s rightfully yours in Sword King from Elysium Studios – Driven By Swintt – the new fantasy-themed adventure where Falling Swords and King Wilds could lead to colossal wins of up 1,124x to your bet. Once again featuring the jaw-dropping levels of cinematic visuals that players have come to expect from Elysium Studios games, Sword King takes place to a backdrop of jagged mountains and bright blue skies, with the titular hero standing to the left of the reels ready to join the action.

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Evoplay, the award-winning game development studio, offers players seven variants of the Bonus Game in its Asian-inspired release Cat’s Blessing. A 5×3 grid is adorned with a range of Japanese symbols including fans, lanterns, and money trees as well as wilds to help form winning lines. Purple, red and green coins can also appear, which are collected by a corresponding-coloured cat which sits atop the board.

Push Gaming, has launched a Greek Mythology-themed game with a difference, featuring additional reels in Cats of Olympuss. Played across 5×3 reels and 243 paylines, the game delivers a fun take on the ever-popular mythological aesthetic using feline-inspired iterations of Greek Gods. Wilds are key to unlocking instant prizes situated on reels one and five, while scatters are enhanced with x2 value. A minimum of three scatters must land to enter the progressive free spins feature.

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Gaming Corps is excited to announce the release of its latest online slot title, Expanding Joker. This slot combines the charm of old-school gaming aesthetics with the thrills of modern gameplay, presenting players with the chance to land big wins and trigger exciting bonus features. The slot utilises a 5×3 game grid, with 243 ways to win on every spin. Players will want to keep their eyes peeled for the Scatter symbol.

Playson, the accomplished digital entertainment supplier, invites players on a thrilling voyage in its latest release 3 Pirate Barrels: Hold and Win. Set against the backdrop of an atmospheric cove, Playson’s top-performing 3 Pots mechanic returns in this swashbuckling sea odyssey boasting huge in-game jackpots, a bountiful Bonus Game, exciting Pirate Coins and an Extra Coin Feature.

Enter a world of mystique and adventure with Pyramid of Spins, the latest addition to Slotland online casino games lineup, where ancient Egyptian treasures await. With a bet range from just $0.50 to $10, players can spin their way through vibrant hieroglyphics and beautifully designed ancient statues, all while hunting for bonuses. Pyramid of Spins features Wilds, a Mystery Bonus, and Free Spins that come with expanding Wilds and Win Multipliers, giving players ample chances to strike gold!

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Endorphina, a leading slot provider in the iGaming industry has just confirmed the release of a brand-new online slot – Age of Glory, which is available to play sine September 12th. Age of Glory is Endorphina’s newest adventure slot, featuring 5 reels, 3 rows, and 25 fixed paylines. The game’s plot centers around a long-forgotten world, filled with ancient castles and unexplored grounds waiting to be discovered. In Age of Glory, players are set on a quest to find the lost fortune, collecting crowns, diamonds, gold-encrusted weapons, and antique coins along the way.

Inspired Entertainment, Inc., a leading B2B provider of gaming content, systems and solutions, is pleased to announce its latest launch line-up of mobile and online slots: Jin Tu™ across the US and Ontario, Cops ‘n’ Robbers Bigger Big Money™ and Cherry Power Boost™, across multiple global jurisdictions.

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