Sweden Strengthens Gaming Regulations with New B2B Licenses and Enhanced Oversight
1×2 Network, a developer of gaming software with existing licenses in the UK and Romania, has been granted a sought-after B2B gaming permit from Sweden’s Gambling Authority (SGA). This approval allows them to provide their products and platforms to the strictly controlled Swedish gaming sector. Kevin Reid, the company’s CEO, shared his enthusiasm, indicating their goal to become a top provider within regulated jurisdictions.
This development follows closely behind Hacksaw Gaming’s recent acquisition of their own Swedish B2B license. Marcus Cordes, CEO of Hacksaw Gaming, stressed their dedication to staying at the forefront of the sector, underscoring the importance of being an early recipient of this authorization.
In related news, the SGA has enhanced its oversight practices by introducing covert monitoring of operators. This empowers them to engage in incognito observation, taking part in gaming activities to guarantee adherence to regulations across the board.
Swedens authorities are increasing restrictions on wagering. They are revising their gaming regulations to foster a more secure and wholesome atmosphere for all.
A significant alteration? Gaming enterprises will now be obligated to collaborate with law enforcement. This entails exchanging data and aiding in probes of illicit gaming operations. It’s all part of a campaign to suppress dubious practices and promote more accountable gaming.