Compliance Updates
Sweden’s Konsumentverket Publishes Report on Loot Boxes and Other Gambling-like Features in Games
The Swedish Consumer Agency Konsumentverket (KO) has published a report on loot boxes and other gambling-like features in games.
The report states that loot boxes or other gambling-like features in games could be regulated under the Swedish Gambling Act (2018) when prizes from in-game features constitute money or money’s worth.
If the in-game features have a monetary value from being able to be traded for money or money’s worth, then there is a real risk that loot boxes or other gambling-like features in games could constitute gambling and, therefore, would require a licence.
The Swedish courts have yet to decide whether loot boxes and other gambling-like features in games fall under the Swedish Gambling Act or not. If they would be considered to fall under the act the KO deems the act to provide wide protection for consumers.
The report shows that there is not, at this point in time, sufficient research to be able to establish a connection between loot boxes and gambling. The KO cannot motivate or recommend any further measures to be taken due to the lack of sufficient research. However, the KO still encourages the gaming industry to continue its self-regulation.
Despite the lack of sufficient research, the KO deems there to be grounds for further investigation with regard to children and adolescents, which is considered to be a particularly vulnerable group of consumers. For this reason, the KO believes that further regulation could be justified, if supported by research, in order to protect the wellbeing of children and adolescents.
The report is perhaps the first step in the process of adjusting Swedish consumer regulation to the risks posed by the blurring of lines between gaming and gambling.
Aviatrix, the hugely popular crash game, has added its latest regulated market, this time gaining the certification it needs to go live in Peru.
The certification means that Aviatrix can be offered by licensed operators in Peru for the first time.
Gabriela Novello, Director of Business Development LatAm at Aviatrix, said: “Latin America has been an important part of the Aviatrix journey so far, and we’re really excited to add another of the region’s regulated markets. Peru is a really exciting opportunity for us, and we know Aviatrix is going to perform strongly for those looking to offer intuitive and engaging gameplay to their customers.”
Peru marks the first certification in Latin America acquired by Aviatrix, with Brazil, Colombia and others to follow soon.
With an on-the-ground team and local expertise, Aviatrix is committed to providing online casino excellence to its Latin American partners.
It often runs dedicated promotions in the regions, like the new game splash that was rolled out in Brazil for the São João festival last year.
Aviatrix was also named ‘Rising Star in Casino’ at the SBC Awards Latinoamérica 2024.
The post Aviatrix’s LatAm expansion reaches Peru appeared first on Gaming and Gambling Industry in the Americas.
EGT Digital is pleased to announce its authorization to operate in Sweden. The company was granted a license from the Swedish Gambling Authority (Spelinspektionen) to manufacture, provide, install, and modify software for the online gambling industry. Now, all main products of the Bulgarian provider – the X-Nave platform and the in-house developed games, are available to the local market.
Standing out with great versatility, EGT Digital’s “all-in-one” betting platform X-Nave enables operators to build and grow a successful business online. It includes 4 main modules: Sport Product, CRM Engine, Gaming Aggregator, and Payment Gateway, offering multiple tools for creating highly personalized content that is fully tailored according to players’ tastes and requirements. Еach of the platform’s modules can be part of the complete solution or function separately, as they can be integrated with developments of third-party providers.
EGT Digital’s portfolio of games covers over 120 casino titles, including 4 jackpots: Bell Link, High Cash, Clover Chance, and Single Progressive Jackpot. Featuring a wide variety of themes, bonuses, and high winning chances, they provide rich gaming choices for different types of players and are currently among the favorites in more than 50 jurisdictions globally.
Tsvetomira Drumeva, Head of Sales at EGT Digital, commented: “Obtaining this licence is an important step for us. Thanks to it, we have the opportunity to enter the Swedish market, which is a top priority for us. This will allow us to continue our expansion into other European countries and consolidate our status as one of the preferred iGaming providers on the continent.”
The post EGT Digital received a licence for operation in Sweden appeared first on European Gaming Industry News.
Delasport continues its global expansion and obtains a B2B Supplier license in Denmark, complying with the latest set of regulations in the Nordic jurisdiction.
The award-winning supplier offers a sports betting solution on the Danish market, featuring dozens of innovative features tuned to increase player betting experience through in-depth personalization, unique ways of betting and more.
“Staying ahead of Danish iGaming licensing requirements is crucial for supporting our existing partners as they thrive in this well-established northern market”, Delasport’s CEO Oren Cohen Shwartz comments. “Moreover, the Nordics in general are of great interest to us as our product is superior to the existing market offering.”
Denmark is a key jurisdiction due to its steady rise to the top of the European iGaming league ever since 2012. This also has to do with the fact that close to 100% of the country’s population is using the Internet as of today.
More about Delasport’s positioning on the Danish market and the latest innovations delivered by the company can be learned at ICE 2025 – Barcelona by visiting Stand 5M20.
The post Delasport Obtains New Denmark License appeared first on European Gaming Industry News.
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