SkillOnNet has stressed pride at becoming one of the first group’s to gain a Swedish B2B supplier licence, with the provider confident of exceeding the expectations of an “evolving online gaming market”.
This was confirmed earlier in the week by the country’s gaming authority, Spelinspektionen, with Synot Games and Swedish group Programutvecklare i Norrköping also among the maiden three parties to receive the green-light.
The certifications will commence from July 1, 2023, with it also confirmed that the permits will cover an initial five year period.
“We are proud to be among the first companies to receive this new licence,” said Michael Golembo, Director of Sales and Marketing at SkillOnNet. “As a responsible gaming provider, we support any measures that promote safe and legal gambling practices.
“We believe that this licence will help to ensure that all operators in the Swedish market are complying with the necessary regulations.”
Adding: “We are excited to continue working with our partners in Sweden and other jurisdictions to provide the best possible gaming experience for players.
“We believe that our platform is well-positioned to meet the needs of the evolving online gaming market.”
A consultation period on B2B licences began in May 2022, after which companies were informed that new requirements would be adopted for all online gaming software suppliers and game developers.
The Riksdag duly announced the formal introduction of this licensing process at the end of November 2021, with the country’s regulator also confirming that it has approximately 60 applications to review following an acceptance period opening from March 1, 2023.
The new law is part of the government’s efforts to discourage illegal online gambling and improve channelisation in the market.