{"id":4746,"date":"2023-06-06T08:02:01","date_gmt":"2023-06-06T08:02:01","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/06\/06\/leovegas-group-secures-three-b2b-licenses-to-develop-gaming-software-in-sweden\/"},"modified":"2023-06-06T08:02:01","modified_gmt":"2023-06-06T08:02:01","slug":"leovegas-group-secures-three-b2b-licenses-to-develop-gaming-software-in-sweden","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/06\/06\/leovegas-group-secures-three-b2b-licenses-to-develop-gaming-software-in-sweden\/","title":{"rendered":"LeoVegas Group Secures Three B2B Licenses to Develop Gaming Software in Sweden"},"content":{"rendered":"<div>\n<p>The Swedish Gambling Authority has given three B2B licenses to LeoVegas Group, a leading player in the iGaming business. For the next five years, the group\u2019s game studio, Blue Guru Games, and its two platforms will be able to develop and offer gaming software in Sweden. The licenses, which are slated to go into effect on July 1, 2023, are critical for delivering software to licensed operators and prohibiting illegal gaming companies from participating in the Swedish market.<\/p>\n<h3>The Evolution of the LeoVegas Group in the iGaming Industry<\/h3>\n<p>LeoVegas Group has witnessed remarkable expansion over the years, evolving from a lone operator to a key member in the iGaming industry\u2019s value chain through game and platform development. Companies that create, provide, install, or modify game software for online gaming must obtain a license under the Swedish Gambling Act, which goes into effect on July 1, 2023.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative mb-10\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow noopener\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Welcome Bonus &#8211; 350% bonus on your first deposit up to 5BTC\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3>B2B Licenses are granted<\/h3>\n<p>The Swedish Gambling Authority has granted LeoVegas Group three five-year licenses known as \u201cB2B licenses.\u201d Blue Guru Games, the group\u2019s gaming studio, as well as its two platforms (PAM), have received these licenses. The implementation of B2B licenses is an important step towards mitigating the impact of critical gaming software being delivered concurrently to licensed and unlicensed operators targeting Swedish gamers. These licenses are critical for improving channelization within the Swedish gaming business and guaranteeing regulatory compliance.<\/p>\n<p>Gustaf Hagman, CEO of LeoVegas Group, emphasized the importance of B2B licenses in mitigating the presence of unlicensed operators in the Swedish market. He stated, \u201cWith the new regulations in force, it is now critical that authorities focus on those suppliers deliberately undermining the Swedish licensing system by facilitating unlicensed gaming.\u201d<\/p>\n<h3>Reform of Swedish Gaming Licenses<\/h3>\n<p>Swedish gaming licenses were introduced in 2019 as a key change aiming at regulating and overseeing gaming enterprises operating in Sweden. This reform tightened marketing and consumer protection restrictions while securing large tax revenue from gambling activities. The Swedish Gambling Authority\u2019s capacity to prohibit important gaming software designed for licensed Swedish enterprises from being utilized concurrently by unlicensed operators targeting Swedish players is critical to the success of the B2B licensing system.<\/p>\n<h3>Acquisition of Push Gaming<\/h3>\n<p>On May 1, LeoVegas Group announced its intention to buy Push Gaming, a game developer licensed by the Swedish Gambling Authority and holding two B2B licenses. The transaction is planned to close in the third quarter of 2023, further strengthening LeoVegas Group\u2019s presence and capabilities in the Swedish gaming sector.<\/p>\n<p>With the acquisition of these B2B licenses, LeoVegas Group underlines its commitment to regulatory compliance, ethical gaming practices, and contributing to the growth and sustainability of the Swedish gaming sector.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/casino-news\/leovegas-group-secures-three-b2b-licenses-to-develop-gaming-software-in-sweden\/\">LeoVegas Group Secures Three B2B Licenses to Develop Gaming Software in Sweden<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Swedish Gambling Authority has given three B2B licenses to LeoVegas Group, a leading player in the iGaming business. For the next five years, the group\u2019s game studio, Blue Guru Games, and its two platforms will be able to develop and offer gaming software in Sweden. The licenses, which are slated to go into effect [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-4746","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/4746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=4746"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/4746\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=4746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=4746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=4746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}