Aspire Global Granted Swedish Gambling License

After granting several iGaming licenses to leading industry brands and providers, such as Paf, Quickspin, Cherry, VideoSlots and LeoVegas, the Swedish Gambling Authority has issued a certificate to Aspire Global, allowing it to operate within the country’s borders.

The company’s portfolio already launched on January 1st, 2019 which marks an important breakthrough for the operator as it expands various business opportunities in Scandinavia and creates a stronger footprint in Sweden.

To clarify, Lotteriinspektionen has granted a gambling permit for casino and bingo, enabling the group to integrate its advanced platforms and iGaming solutions into the newly organized Nordic market.

Tsachi Maimon, CEO at Aspire, has stated the following about this important milestone:

“We are pleased having been granted a Swedish license. Aspire Global has a broad experience from operating in regulated environments and we see great potential for a company with our profile to gain market shares under the new conditions in Sweden.”

Approaching New Partnerships

Focusing on regulated iGaming markets is essential for the company, as launching new gaming offerings under revamped conditions proves not only its quality but opens numerous growth potentials and additional marketing opportunities.

According to Maimon, the regulation is an imperative for the traditional gaming industry as it enables companies to reach greater online traffic as well. He adds:

“We will continue our focus on regulated or soon-to-be regulated markets as these market conditions enable exciting business opportunities and a more sustainable business for us as a full-service platform provider.”

As already mentioned, among the first operators to enter Sweden’s newly regulated iGaming landscape is LeoVegas, whose license was approved at the beginning of December 2018. Soon after, online platform, VideoSlots, and another Swedish company – Global Gaming enthusiastically received their permits, only to be followed by Quickspin and Cherry at the end of the year.

Additionally, the operator has been granted a sports gaming license in Ireland on November 28th, allowing it to reach another regulated market and expand in the vertical.

Aspire’s Expansion To Bingo

Launching in multiple divisions including bingo is also in line with the company strategy, and to confirm its tendencies towards the new verticals, Aspire Global entered into an agreement with Karamba (a Nordic operator) last September.

This deal was expanded by allowing BetRegal to join the platform (a sports operator) and later by spreading to Denmark and signing a supply agreement with Microgaming. The aggregator’s bingo offerings allow access to one of the largest progressive jackpots in the world.

To secure a strong footprint in Denmark, the operator first formed a partnership with Aller Media Denmark, and added its gaming portal Hyggespil.dk to the platform.

Source:

“Aspire Global Has Been Granted A Swedish Gaming License”, aspireglobal.com, December 21, 2018.