Spelinspektionen fines Yggdrasil for unlicensed software
Yggdrasil was fined 300,000 SEK for distributing unlicensed software, which violates Swedish legislation. The regulator issues a warning notwithstanding the company's...
New bill to give operators data processing rights in Sweden
The government of Sweden has recently proposed to enable licensed gambling operators to process data to prevent various financial crimes.
The latest proposal was introduced by the government of Sweden as part of its efforts against various financial crimes, such as money laundering. The new proposal aims to introduce a right for licensed gambling operators across the country to process various points of personal data if abnormal behavior is detected. In addition to aiding with the country’s AML and CTF efforts, this new proposal could also contribute to Sweden’s fight against sports integrity challenges such as match-fixing.
The government of Sweden has proposed for the new right to go into effect at the beginning of December this year, about ten months from now.
This proposal follows a few months after the government introduced a similar bill relating to the processing of personal data, which aimed to provide licensed gambling firms with the right to process the information provided to them by their customers to fulfill their duties in relation to customer safety outlined in the country’s gambling regulations. Check out our coverage of this previous proposal to learn more.
Svenska Spel fined 100M SEK for Gambling Act violations
Swedish gambling operator fined for regulatory failures.Svenska Spel Sport & Casino AB, a gambling operator in Sweden, was warned and fined one hundred million SEK...
