Svenska Spel Awarded Three-year Licence Extension

Licensing includes online and offline lottery, betting, casino, slots and poker

Swedish gambling monopoly operator Svenska Spel has been awarded a three year (rather than the usual two) licence to offer lottery, betting, casino, slots and poker gambling both offline and online in Sweden.
The award comes as Sweden comes under growing pressure from the European Commission to reform its gambling system in order to comply with European Union laws. The country's Ministry of Finance is currently planning a review as the first step toward such reforms, which could see Svenska Spel's monopolistic nature changed (see previous InfoPowa reports).
The company has on several occasions blamed competition from unlicensed offshore operators for its falling revenues, appealing to government for protection through the introduction and enforcement of more restrictive laws.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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