The Swedish Online Gambling Market is one of the latest European legalized markets, and since the Lotteriinspektionen (The Swedish Regulator) made that announcement, many gambling operators have been chasing a license so they can enter this prospected market. The new regime is going to start to become a reality on the first of January of 2019, and this is why many operators are trying their best to be there when the online gambling race begins in Sweden.
Online Gambling Company 888 Secures Swedish License
One of the biggest companies in the internet gambling industry is 888 Holding, and the gambling operator has stated that it has become the latest operator to acquire a license to the Swedish online gambling expansion. The permit is going to allow it to legally provide a variety of gambling services in the country, including poker, sports betting and casino games. The confirmation came from the statement from 888 to the shareholders, with the operator having its name lusted at the Swedish Regulator’s website, the Lotteriinspektionen.
The operator is going to have three Swedish sites, one of poker, one for casino and one for sports, and all of the URLs are in the regulator’s website. The license 888 earned is going to last for a 5-year-period and will be effective starting from the 1st of January when the regulated Swedish Regime launches its online business. With the addition of Sweden, 888 is now a licensed operator in sleeve interest gaming jurisdictions.
The CEO of the gambling operator, Itai Frieberger, stated that the continued expansion of the regulated international markets is a focal point in the growth strategy of the company, and that they are delighted to be able to gain a license in the new market of Swedish, before the regulations kicks into full gear in January of next year.
He added that Sweden is going to be a significant internet gambling market and that that is already looking forward to developing their sports, poker and casinos products for the Swedish customers. They aim to provide Swedish customers with innovative products that they can enjoy responsibly. Itai Frieberger continued by saying that the company, powered by with marketing strength, technology platform, and CRM expertise, it has a fantastic track record when it comes to driving its growth in new markets.
Finnplay Group – Another New Player in the Swedish Market
Finnplay Group, the provider for online gaming platforms, has also secured a license in the newly regulated Swedish online market. The CEO of the company, Martin Prantner, stated that they are delighted that they passed the strict criteria that will make them able to supply the operators in the Swedish Market with gaming platforms. As a Nordic company, they are always aiming to offer their hand-crafted technology to the new brands and the existing operators that are entering the Swedish gaming market.
The list of operators that have earned al nieces in the new Swedish market includes Mr. Green, Leo Vegas, Betsson, Bet365 and more.