Sweden issues first supplier licences in advance of requirement

Sweden issues first supplier licences in advance of requirement

Article brief provided by iGaming Business
  • Zak Thomas-Akoo, iGaming Business
March 19, 2023 5:18 PM

The Swedish regulator Spelinspektionen announced [Friday] that it has issued its first three gaming supplier licences. The five-year licences have been awarded in advance of 1 July, when the regulator will make the possession of such a licence a requirement for all providers who wish to do business with operators in Sweden.

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This is despite the enabling legislation for this, the Enhanced Game Regulation bill, not yet having passed the Riksdag – the Swedish parliament – being still in the committee stage.

Spelinspektionen noted that 60 applications have so far been received since the regulator opened the submission process on 1 March this year. The legislature opted to introduce licensing requirements for suppliers at the end of November last year.