A gaming software company, 1×2 Network, with existing licenses in the UK and Romania, has been granted a license by the Swedish Gambling Authority (SGA). This authorization permits them to provide services to other companies within the flourishing Swedish gaming sector. CEO Kevin Reid conveyed enthusiasm about the approval, affirming 1×2 Network’s goal to be a dominant provider in regulated markets. They intend to accomplish this through growth and collaborations with prominent operators in Sweden.
This development follows closely on Hacksaw Gaming obtaining their own Swedish B2B license. Hacksaw’s CEO, Marcus Cordes, emphasized the significance of swift action in the competitive gaming environment. He expressed his company’s enthusiasm as an early recipient of the license, placing them advantageously within the rapidly expanding Swedish market.
Furthermore, the SGA has revealed new protocols to supervise gaming providers more efficiently. These include the capacity to engage in gambling activities discreetly, enabling more comprehensive observation of gaming enterprises.
Swedens administration is taking a stricter stance on wagering. They are revising their regulations to create a more secure and responsible environment for all citizens. One aspect of this involves requiring gaming corporations to collaborate more closely with law enforcement, exchanging data to aid in the prevention of gambling-associated offenses.
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