Betsson AB applies for a Swedish iGaming Permit

Following the prior passage of laws that is set to deregulate the Swedish iGaming market in the first day of next year, notable internet casino operator Betsson AB has announced that it has applied for a license in order provide its services to gamers in the Scandinavian nation.

Long history in Sweden:

Stockholm-listed Betsson AB used an official Wednesday press launch to declare that it’s been offering ‘gaming entertainment’ to gamers in its own ‘home market’ since 1963 and that it is currently hoping that the Swedish Gambling Authority will give it permission to add iGaming to this provision.

Pontus Lindwall, Chief Executive Officer for Betsson AB, said that it was ‘great that Sweden’’d ratified legislation that is designed to ‘open up the gaming marketplace free of contest in a controlled environment’ before explaining yesterday’s permit application as ‘a landmark ’ to the business and his company.

Lindwall’s announcement read…

“We look forward to having the ability to function in our house market as a broker that is recognized. ”

Operator heading for twelfth Regional permit:

Betsson AB used a 2nd official press release to show that it had fruitlessly applied for a Swedish iGaming permit in 2006. It also clarified that success this time around would see its list of neighborhood certifications, which already include jurisdictions like Malta, the United Kingdom and Denmark, grow to twelve.

Swedish gamers to be given multitude of choice:

Responsible for over 20 iGaming brands like OranjeCasino.com, Betsson.com, NordicBet.com, Betsafe.com and Casino.dk, Betsson AB further detailed that a successful permit application would observe players from Sweden allowed to enjoy all its websites from the first day of 2019 in return for this agreeing to pay an 18% tax on gross gaming revenues.

License would lead to ‘better possibilities’:

Lindwall proclaimed that achievement will also give his company ‘better possibilities’ to ink local advertisements and sponsorship deals and possibly observe the Stockholm-centered company slightly increase the amount of workers working in its own Sweden-facing public relations and advertising departments.

Lindwall’s announcement read…

“This really is nothing that we have communicated but I believe everyone can expect that if a marketplace opens up like this and you decide to take a place on the market, then you have to be committed. We have been committed to the Swedish market for quite a while and have spent a great deal of money on it and I think that will continue as before more or less. ”