NetEnt and Yggdrasil will secure a presence in Sweden by countering Svenska Spel



NetEnt and Yggdrasil will secure a presence in Sweden by countering Svenska Spel

woo casino log inNetEnt and Yggdrasil secured their future in the Swedish market From January 1, 2019, new laws governing the gambling sector come into force in Sweden. Yggdrasil and NetEnt were among the first to secure a job in this market starting next year. The two fierce competitors secured a contract with Svenska Spel in October. So far, this is the Swedish monopoly in the online casino industry, but from the beginning of 2019 the market will be open to other operators. Sweden has been holding a monopoly in online gambling for a long time. But lately, it has become difficult for them to keep residents who just gambled in other casinos. Instead of introducing blocking of all gambling sites, the government decided to abolish the monopoly and allow

operators to enter the market.

... This way they will be able to maintain control over the industry and will regulate it. Related Topics Most Profitable Online Casino Slots In both cases, a representative from Svenska Spel noted that NetEnt/Yggdrasil was the obvious choice for them as their software provider. The casino was not mistaken in its choice. Both operators are now leaders in the development of gambling. It is also clear that the number of NetEnt casinos and Yggdrasil casinos in Sweden will grow with each new license issued by the Swedish regulator. This is a very rich market, and only the most responsible operators will be admitted to it. For this, the corresponding requirements have already been created. Under the new rules, money transfers between unlicensed casinos and punters will be blocked %s..woo casino login. And advertising gambling without a license will be considered a crime. Most likely, it will be a highly regulated market, something like the UK. According to some reports, the license will cost from 400,000 to 700,000 SEK, which currently equals approximately $ 44,000 - $ 77,000.
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