In what could be termed as a step towards enforcing stringent compliance measures, the Swedish gambling regulator, Spelinspektionen, has announced that they are seeking a new partner to help them with verification of the gambling operators who are applying for gambling licenses across Sweden.
As per the announcement, the new partner’s role would be primarily finding details of the gambling and casino operator’s ‘business structure, company information, and ownership structure’ and all other relevant information which could help with the verification process.
The role of the new partner would also include verifying the details provided by the operators applying for the gambling license and also monitoring the activities of the existing license holders.
While in it’s an announcement the national gambling regulator, Spelinspektionen, has not yet pontificated on the number of verifications to be carried out but experts familiar with the matter suggest it could reach up to 50.
Sweden has been taking a number of measures to ensure compliance and tackle the issue of gambling addiction. Earlier this year a study found that gambling addiction is at an all-time high amongst Swedish women.
Spelinspektionen had also introduced strict code for gambling adverts and warned operators who violate the new regulations. The gambling regulator had said that those violating could also have their licenses revoked as a punitive measure.
Last week the government also launched an investigation into Loot Boxes as there has been a debate around loot boxes being gambling.