Sweden Creates the Regulated Gambling Market

#BettingLegislation  #GambleLike_Sweden 

Sweden is one of the target countries for many online operators, as the interest in gambling is quite high there. Therefore, the country will introduce a regulated gambling market on January 1st, 2019 to allow all the operators and software providers to compete on equal conditions.

The new regulations were approved by the Swedish Parliament, the Riksdag, on the 7th of June 2018. Since that time, a range of casinos and studios have begun actively preparing for the opening of the Swedish gambling market.

Currently, three major operator networks have already applied for a Swedish license. These are ComeOn Casino (the subsidiary of Cherry AB), LeoVegas, and Kindred Group that includes such well-known websites as 32Red, Maria, and Roxy Palace.

“… casinos and studios actively prepare for the opening …”

What is more, a range of software providers sign content deals with one of the leading Swedish operators Svenska Spel. Thus, it will integrate an award-winning portfolio of NetEnt’s video slots and add many popular live casino games, developed by Evolution Gaming. The latter studio has also partnered with ATG, a popular horse racing operator in Sweden.

The gambling landscape in Sweden is changing, and it raises the interest of companies and customers in the country. More details on the transformation of gambling in the world are available here.