LeoVegas overturns its Swedish license limit

8 Nov 2019

LeoVegas has restored its five-year Swedish gambling license, since it managed to win its appeal against the country’s gaming regulator Spelinspektionen.

The administration of the Stockholm-based bookmaker, had challenged the decision taken by Spelinspektionen to decrease its Swedish license to a two-year period due to some UK advertising violations that it committed.

As a matter of fact, LeoVegas administration filed a formal challenge with the Administrative Court of Linkoping in order to dispute Spelinspektionen’s aforementioned decision. They actually stated that foreign regulatory inconsistencies should have no influence on an operator's domestic license conditions.

In addition to that, they pointed out that their UK marketing inconsistencies dated back to 2016; nonetheless, made it clear that they had put into practice all UK Gambling Commission’s (UKGC) demands and fulfilled their licensee obligations for the UK market.

Vala Karimi, General Counsel of LeoVegas, mentioned that a fully regulated market has more advanced requirements when it comes to responsible gambling with a strong player protection focus. She added that in LeoVegas they welcomed the regulation even before it was officially introduced and that they see the court’s decision as extremely positive, since it gives them the freedom to keep on focusing on compliance.

In its latest update, the operator’s administration highlighted its dedication to responsible gaming as a Swedish licensee, as they company has launched a separate business unit called LeoSafePlay aiming to promote safer gambling in an innovative way.

Gustaf Hagman, Group CEO of LeoVegas, commented regarding the latest developments that the extended license gives them the much-needed peace of mind to keep on operating and evolving in the Swedish market and constitutes a proof of professionalism and regulatory compliance from their side.

Why choose LeoVegas Sports

The best mobile bookie 2019
  • High average payout of 95% +
  • Best odds guaranteed on UK & Irish horse races
  • Live streaming feature
  • Sportsbook platform from Kambi
  • Quick mobile site and apps
  • Lots of special bets
  • Brentford FC and Norwich FC sponsor
  • 24/7 customer support
Click to Bet
Get the Best Odds
BOOK SPY
BOOK SPY BONUS REVIEW

LeoVegas Sport is slightly new in the sportsbook industry, but they already knew that they had to follow the steps of their successful casino heritage. They mainly target the Nordic market, but I would like to see them broaden their reach even more. The bookie's impressive improvement is shown through the doubling of its depositors within a 12month time frame, reaching 200.000 active customers. The odds, especially in Premier League, can be compared to Bet365's and as it was expected, the mobile services are their powerhouse, while Kambi's presence as the creator of the platform guarantees stability. LeoVegas will have to add more payment methods to be more flexible and speed up the slow withdrawal process. Although they have to work more on the live betting part, they are a book that's definitely a keeper.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

Kaizen Gaming’s online bookmaker Betano has finalised a deal with the Romanian Football Federation, which allows it to become the naming partner...

Read more »

The online sportsbook Vbet has extended the partnership with AS Monaco for three more years until 2025. The deal, which began in 2020, will allow the ...

Read more »

The Ministry of Culture and Gender Equality in Norway has begun consultations to introduce a new Gambling Act to replace the Lottery Act, the Totaliza...

Read more »

The online gaming giant Entain, the owner of brands like Interwetten, has won the Advanced Safer Gambling Standard award by GamCare for providing play...

Read more »

One of the pioneers of online betting, Interwetten, has signed a new regional long-term sponsorship deal with English football giants Liverpool FC. Fa...

Read more »

The global online sportsbook 1xBet recently paid out some big winnings. A bettor from Yaounde, Cameroon, signed up with the bookie and placed a 12 eve...

Read more »

The international online sportsbook NetBet has added Apple Pay as a payment option for French players giving locals another top-notch method for depos...

Read more »

The online gambling operator Kindred Group, which incorporates several brands like Unibet, has announced that it will further contribute to the mental...

Read more »

The Treasury of Kenya has published the 2022 Finance Bill, which re-introduces the controversial 20% tax rate on wagering stakes. Despite the protests...

Read more »

The international gaming operator Vbet has joined the International Betting Integrity Association (IBIA), adding to the platform’s global integr...

Read more »

LATEST BOOKMAKER PROMOTIONS