Tag Archives: Lotteriinspektionen
Sweden – Casino Cosmopol certifies according to ECA Responsible Gambling standard
Casino Cosmopol from Sweden has achieved certification according to the ECA Responsible Gambling Framework after an independent audit conducted by the Global Gambling Guidance Group (G4). This shows the state-owned company is acting in line with the latest standards in Responsible Gambling for the licensed land-based casinos industry that were updated by the ECA at…
Sweden – Casino Cosmopol fined for breaching money laundering laws
Sweden’s state-owned casino operator Casino Cosmopol has been fined SEK8m (€780,200) by national regulator Lotteriinspektionen for what it called ‘serious shortcomings’ regarding laws on money laundering. In its ruling, Lotteriinspektionen said Casino Cosmopol, who operates four casinos in Sweden, could have been used for money laundering activities over a period of seven months from January…
Sweden – Swedish regulator provides timetable for online applications
Sweden’s Lotteriinspektionen national regulatory body has laid out the timeline for the country’s move to online gaming saying it could make application documents for new licences available from July 10. On June 7 the new Gambling Act was approved by the Riksdag (the Swedish Parliament) with a new license system coming into force from January…
Sweden – Lotteriinspektionen lays out Swedish time frame
The Swedish Gambling Authority Lotteriinspektionen has said it is preparing to start receiving applications for online gaming licences from 1 July 2018. The government is aiming to publish its draft bill including regulations by March. By the middle of March, the Swedish Gambling Authority is planning to distribute its regulations for referral with parliament expected…
Sweden – Swedish Gambling Authority wants to end online monopoly
The Swedish Gambling Authority Lotteriinspektionen has advised that the country should scrap its monopolistic approach to online gaming and open the market up to international operators. The government-sponsored review, led by Lotteriinspektionen Director General Håkan Hallstedt, recommends that once licensed, online operators should be subject to a tax of 18 per cent on their gross…
Sweden – Svenska Spel calls for online opportunity
Svenska Spel, the state owned gambling monopoly and operator of the country’s four casinos, has asked the government for permission to operate an online casino in 2015. Svenska Spel reported a 6.2 per cent slide in profits and a decline in net gaming revenues to SEK 2.29bn (US $335,906) for the first quarter of 2014….
