Gaming solutions provider BetConstruct is to attend the iGaming Forum 2018 in Stockholm, Sweden, on 18 April.
The industry leading event is a opportunity for peers to meet and network with the speakers. Joining the most innovative and inspiring people in online gaming, BetConstruct deputy CEO and Chief Business Officer Sergey Harutyunyan will discuss the challenges of the upcoming re-regulation of the Swedish gaming market.
Harutyunyan said: “We have been attending the conference every year and are delighted to be here again. We are looking forward to the new regulation and the opportunities it will bring to the Nordic operators.
Currently, the duopoly of Svenska Spel and ATG prevails on the Swedish market which nevertheless is targeted by private operators with the EU licenses. With around 40% of whole gambling and betting accounting for online, the re-regulation of the Swedish gaming market is a promise for liberalised betting market and a competitive neutrality.
“Sweden is a very important market for us,” said Harutyunyan, “With a great focus on the requirements set by the regulatory, BetConstruct compliance team works hard to position the company technically and regulatory-wise in the market.”
The Gambling Act suggests the legislative reforms and the licensing system similar to the UK model with sports betting, online casino, online bingo and online slots licenses, all proposed to come into force on 1 January, 2019.