Betssongroup receives gaming license in Sweden

(PRESS RELEASE) -- Today Betsson Group has received license to conduct online gaming in Sweden. The licenses received today are effective from 1 January 2019 and are for the brands Betsson Poker, NordicBet and SverigeAutomaten. Betsson now holds licenses in 12 jurisdictions and pays local betting duties. The Swedish betting duties is set at 18%.

The Betsson Group has been offering gaming entertainment to Swedish customers since 1963 and has been an instrumental driver in pushing the development of the Swedish gaming market. The gaming license enables competition on equal terms and gives Swedish customers access to the games they desire under a Swedish regulation, which on the long term is positive for customers, operators and shareholders.

“It is good that Sweden opens up the gaming market for free competition in a controlled environment. We look forward to operate on our Swedish home market as a recognized operator on equal terms,” comments Pontus Lindwall, CEO Betsson AB.