For an initial five-year period

Swedish regulator issues first three gaming supplier licenses under new legal framework

Reading time 55 seg

The Swedish regulator, the Spelinspektionen, has issued its first three gaming supplier licenses. As of July 1, 2023, Programutvecklarna i Norrköping AB, Skill On Net, and Synot Games will become the first licensed gaming suppliers in Sweden, with the permits covering an initial five-year period.

Further applications will be accepted starting on March 1. According to the regulator, "around 60 applications" have already been received and are being evaluated.

In November of the previous year, the Sweden legislature decided to enact licensing requirements for suppliers. After receiving parliamentary support, the change, which included B2B licenses under the current Swedish Gambling Act, was approved by the Ministry of Finance, one of the most prominent ministries on Swedish gaming legislation.

In its latest update, the regulator explained that "the purpose of introducing the requirement is to increase channeling and thereby discourage illegal gambling." Unlicensed game operators must not be able "to use suppliers who manufacture, provide, install, and/or change game software for game operators who have a license in Sweden."

A consultation period on B2B licenses began in May 2022, after which companies were informed that new requirements would be adopted for all online gaming software suppliers and game developers. New B2B license requirements also require a fee of SEK 120,000 (€11,000) and an increase in the renewal fee from SEK 300,000 to SEK 600,000 (€55,300).

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