Svenska Spel – FairOdds Network

April 3, 2024

Swedish memorandum would strengthen match-fixing battle

A memorandum proposed by Sweden's government would grant greater powers to process and share data related to suspected match-fixing.

If passed, the memorandum would amend chapter 17, section 8 of Sweden’s Gaming Act by allowing licensed operators to process personal data on players if they suspect match-fixing is taking place.

The proposed changes would also allow for more information to be exchanged between Sweden’s gambling regulator (Spelinspektionen), licensees and sports associations if match-fixing is suspected.

However, the memorandum notes that a player’s “personal data” would only be processed under certain circumstances. These include if the data would determine which sporting event might have been affected by match-fixing and the amount of influence the suspected match-fixing might have had.

Therefore, the data processing would be “permitted if it is necessary to review a game for money with the aim of detecting cheating, fraud and other criminal activity” and “to c..

October 3, 2023

Kambi pens multichannel sportsbook deal with Svenska Spel

Sports betting solutions provider Kambi Group has entered into a long-term, multichannel sportsbook partnership with Swedish operator Svenska Spel Sport & Casino.

Under the deal, Kambi will use its Complete sports betting product to power Svenska Spel’s online and retail sportsbooks. Kambi subsidiary Shape Games will also power the front end of the operator’s new sportsbook.

Kambi says it expects the new agreement to have a meaningful financial impact from the second half of 2024.

Founded in 1997, state-owned Svenska Spel has both an online presence and runs a network of approximately 5,000 retail outlets. Svenska Spel selected Kambi as its new sports betting partner after the tender process.

“It has been an extensive process,” Svenska Spel’s head of product for sports betting, Dan Korhonen, said. “We have evaluated a number of different alternatives and we feel we have found the perfect partner in Kambi.

“This partnership will further strengthen our offering. We look forward to ..

November 23, 2022

Swedish monopolies carving out their place in the market

In the second part of Daniel O’Boyle’s deep dive into the changing role of Sweden’s gambling monopolies, ATG CEO Hasse Lord Skarplöth and Svenska Spel CEO Patrik Hofbauer discuss how their businesses have evolved since re-regulation.

When the new Gambling Act came into force in 2019, Svenska Spel and AB Trav och Galopp (ATG) face licensed competition online for the first time. They underwent many changes themselves.

2019: a new era for Swedish gambling regulation

For Svenska Spel the changes were mostly aimed at preventing the business from using its former monopoly status to gain an unfair leg-up in online betting and gaming.

Sweden launched its regulated gambling market in January 2019

This necessitated major changes, Hofbauer recalls.

“The biggest change was to adjust the whole organisation and operations to be in line with the re-regulated gambling legislation. Today Svenska Spel operates as a group with three separate business areas.

“And an important factor in that was c..

October 6, 2022

ATG chief slams bonuses as “embarrassing”

Hasse Lord Skarplöth, CEO of Swedish state-affiliated horse racing operator ATG, has said that bonuses are “embarrassing” and “drive gambling addiction” in a blistering critique of the common industry practice.

Bonuses are the practice of offering free or extra bets to consumers in order to attract or retain players to their platforms; with the method sometimes coming under criticism as an inducement that helps contribute to negative social responsibility outcomes.

Sweden has a stringent bonus regime, only allowing operators to offer one bonus per player at sign-up, worth no more than SEK100. This has been criticised by the Swedish Moderate Party – which have called for the rules to be reformed:

Hasse Lord Skarplöth

“This would make it easier for gaming companies to retain customers in the licensed market and have long-term relationships with the players, both of which increase consumer protection,” said the party.

Much of the industry has also opposed the bonus ban. However, as ..

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Tag: Svenska Spel