BetConstruct is heading for Sweden this week to discuss the challenges that await in the country’s upcoming re-regulated gaming market.
The iGaming Forum in Stockholm provides an opportunity for networking with speakers and in joining some of the most innovative and inspiring figures in the sector, BetConstruct deputy CEO and chief business officer Sergey Harutyunyan will take a close look at the issues in hand.
Harutyunyan said: “We have been attending the conference every year and are delighted to be here again. We are looking forward to the new regulation and the opportunities it will bring to the Nordic operators.
“Sweden is a very important market for us. With a great focus on the requirements set by the regulatory, BetConstruct compliance team works hard to position the company technically and regulatory-wise in the market.”
Currently, the duopoly of Svenska Spel and ATG prevails on the Swedish market which, nevertheless, is targeted by private operators with EU licences. With around 40 per cent of gambling and betting accounting for online, the re-regulation of the Swedish gaming market is a promise for liberalised betting market and competitive neutrality.
The new gambling regulations suggest legislative reform and a licensing system similar to the UK model with sports betting, online casino, online bingo and online slots licences all proposed to come into force on January 1, 2019.