Sweden flags

Sweden-based operator, which has a significant presence in Malta, Kindred, has issued a stinging rebuke of proposals by the Swedish Government to re-introduce temporary restriction on online gambling.

The restrictions, which include a deposit cap of SEK4,000 (€387) weekly for online slots, a mandatory login time limit for players gambling online or at state-owned locations, and a loss limit when gambling in person at a machine outside of a casino.

Kindred states that while the overall response of Sweden’s Government to the pandemic has been “pragmatic,” enabling Swedish society to be as open as possible, restrictions on online gambling have been “ill-founder and did not meet the criteria of evidence-based policymaking.”

According to the operator, the Minister in charge of the reform, Ardalan Shekarabi, even got reprimanded by the Swedish Parliamentary Committee on the Constitution for “groundlessly” claiming that gambling on online casinos had increased during the pandemic.

Kindred claims that the measure will make it more difficult for licensed gambling companies to fulfil their duty of care, and have a negative effect, by pushing gamblers to unlicensed operators. Additionally, it says that by pushing through the proposed measure in such a short time frame, the Government is risking fostering a rushed, low-quality implementation by operators.

“If the Swedish government, despite the serious objections raised, decides to move ahead with temporary gambling responsibility measures, the simplest and least problematic solution would be to impose exactly the same measures that applied during the previous restriction period,” Kindred insists.

Continue Reading

Malta-based Glitnor Group searching for a new CEO as David Flynn takes on Board role

2 December 2022
by iGamingCapital.mt

This week, Glitnor Group announced that a planned acquisition of KaFe Rocks was being shelved

GiG signs new deal with Starcasino in Spain

1 December 2022
by iGamingCapital.mt

The agreement has been signed for an initial three-year period

3 Oaks Gaming boosts portfolio output with St8.io collaboration

1 December 2022
by iGamingCapital.mt

The deal with the Curacao-licensed platform will enhance 3 Oaks Gaming’s offering on a global scale

Lady Luck Games Group secures B2B UKGC licence

30 November 2022
by iGamingCapital.mt

'We are now able to provide our premium gaming content to our partners in the world`s preeminent and established market, the United Kingdom'

See more