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

‘All about what matters’: How to maintain focus

26 June 2022
by iGamingCapital.mt

In his latest blog, Vistage Malta’s Julian Azzopardi shares tips on how to cut through the noise and focus on the tasks that really matter

Novig sets sights on disrupting US sports betting sector following Y Combinator investment

25 June 2022
by iGamingCapital.mt

Ambitious betting exchange accepted into highly respected program

Malta Gaming Authority hosts Malawi Gaming Board delegation and National Lotteries board

24 June 2022
by Helena Grech

The visit was requested by the Malawian regulatory authorities

Spectacular growth helps Pronet Gaming pivot towards Asia

24 June 2022
by Helena Grech

The supplier will also embark on a recruitment campaign to bolster its ranks in one of the region’s most important gaming hubs

See more
Close Bitnami banner
Bitnami