Gaming Innovation Group Approved by the Swedish Gaming Authority, Spelinspektionen!

Gaming Innovation Group (GiG), one of the best-known and certainly the most ambitious companies in the online gambling industry, recently secured another major license and strengthened its European roots!

In the past period, the brand boasted several times with new approvals, thanks to which it reached an even wider audience and came closer to fulfilling its goal of global expansion. This includes approvals for entering Maryland and Pennsylvania.

Major License!

GiG has received approval issued by the competent authorities of Sweden to its roster license, marking a major milestone for the company!

Swedish Gaming Authority, Spelinspektionen said 'yes,’ meaning the brand will be able to continue its operations in Sweden after the 1st of July 2023. After this date, companies that have not secured the necessary license will not be able to continue distributing their products in this market.

Among the First

GiG is one of the first companies that obtained this green light, and players from Sweden can relax because their favorite titles will still be available on the market after the aforementioned deadline!

The brand is listed on NASDAQ Stockholm and has also been present on the market since it was opened as the best-known platform supplier powering Suprnation, Lucky Days, and Betsson's Zecure brands.

Claudio Caruana, General Counsel for GiG says: "As regulators continue to build more robust requirements on industry suppliers and operators, we will continue to dedicate our resources to ensuring that the development of our technology and procedures places us at the forefront on matters of compliance."

Marcel Elfersy, Chief Commercial Officer at GiG added: "We have been an active presence in Sweden for many years, with the company having its origins in the region, and we have a deep understanding of the needs of operators in the local market. Our platform and sportsbook are well suited to the increasingly complex regulatory environments there and we look forward to continuing to help power sustainable growth in Sweden with our depth of experience, leading software, and dedicated, localized service."

Source:

“Gaming Innovation Group awarded new Swedish software licence’’, gig.com, May 9, 2023.