Betway and Betclic among latest to receive Swedish licences
Both operators receive both betting and gaming licences while No Account Casino receives gaming licence
Betway and Betclic Group-powered Expekt.com have been granted Swedish licences by the Swedish gambling regulator Spelinspektionen.
Both firms have received betting and gaming licences, while Maltese sports betting operator Tipwin and No Account Casino-parent company Mandalorian Technologies were granted gaming licences.
Spelinspektionen has granted 21 licences thus far, including Betsson, Kindred and The Stars Group, as of this week.
The Swedish market will officially open on 1 January 2019 and the government is aiming for 90% channelisation within two years.
Stockholm-based consultancy firm, Mediavision, believes the percentage is highly achievable now that leading operators Betsson, Kindred, bet365, LeoVegas and Cherry have received licences.
Mediavision predicted the Swedish market will experience a similar consolidation to the UK in 2019, once the market opens.
A recent blog post written by the firm said: “If the Swedish market were to follow the examples set by Denmark and Great Britain, we can expect the number of actors to decrease and several mergers to take place.”