Swedish regulator adds depth to roster of B2B gaming licensees

The Swedish gaming authority, Spelinspektionen, has added further depth to its roster of certified B2B licensees after issuing its maiden permits earlier in the month.

This latest round of regulatory green-lights has seen Yggdrasil; Relax Gaming; Hacksaw Gaming, and a pair of subsidiaries; Thunderkick‘s Maltese and Swedish divisions; Arland Gesellschaft Fur Informationstechnologie, and EveryMatrix join SkillOnNet and Synot Games and Swedish group Programutvecklarna i Norrköping, who previously became the first three licensees.

Earlier in the month, the SGA noted that it had around 60 applications to review following an acceptance period opening from March 1, 2023, with the permits valid from July 1, 2023, and covering an initial five year period.

Regarding this latest certification, Yggdrasil has hailed a “key market for the company where it has a strong presence and heritage” after formally receiving certification on March 22. 

Petter Envall, General Counsel and Chief Legal & Compliance Officer at Yggdrasil, explained: “Remaining compliant in all jurisdictions in which we operate is critical to us and has always been a key priority for Yggdrasil.

“Sweden is one of our core markets, and the team was fully focused on submitting our application for the new permit as soon as the application process opened. 

“Yggdrasil has a clear regulatory strategy focus and we maintain very close relationships with our locally regulated operators. Yggdrasil encourages other vendors to apply for this licence and I would like to give praise to the Swedish Gambling Authority for a very simple and straightforward process for administering these permits.”

Elsewhere, Relax Gaming has also reflected on its latest point of expansion, which follows recent licences that were obtained in Ontario and Greece.

Accelerating a mission for global regulated market growth, the igaming aggregator and supplier will take its range of titles, including Temple Tumble 2 Dream Drop, Money Train 3, and the recently released Book of Power, live with operators in the country.

“We are thrilled that the SGA has green-lit our products and content, allowing us to continue providing a wealth of safe and entertaining wagering opportunities to players across Sweden,” stated Rachel Winberg, Head of Regulatory Compliance at Relax Gaming.

“It is no secret that we place great emphasis on broadening our reach and take great pride in showcasing our content across established jurisdictions. We couldn’t be more pleased to be able to continue offering our quality games in a mature market like Sweden.”