Casumo Online Casinos operator has been recently named as one of the initial 16 recipients of an online gaming license from the swedish gaming Authority.
The news has come in the same week as the UK Gambling Commission haunded a £5.85m penalty for historical shortcomings, although the regulator did also stress that the operator had since taken different steps to address the issue.
Oscar Simonsson, Co-founder and CEO of Casumo said: “Sweden is a strategic market for Casumo, in connection which we have been operating since our launch in 2012.
” Casumo has very high Brand awareness in the market and with the levelling of playing field and availability of new channels through which to reach players, we look forward continuing to further grow our product offering and presence in Sweden,” he continued.
“Our strategy remains on continuing to enter and grow in regulated markets. We continue to develop our product and operations for agility, sustainability and scale in this space.”