1×2 Network, a developer of gaming software with existing authorizations in the UK and Romania, has been granted a Swedish B2B gaming permit by the Swedish Gambling Authority (SGA). This enables them to provide their offerings in Sweden, a highly competitive market for online gambling.
Chief Executive Officer Kevin Reid conveyed enthusiasm about the growth, stating that their objective is to become one of the most extensively available providers in regulated iGaming sectors.
This development follows closely on Hacksaw Gaming obtaining their Swedish B2B gaming license as well. Hacksaw Gaming CEO Marcus Cordes emphasized their swift response, permitting them to gain an early advantage in this rapidly expanding market.
In related Swedish gaming developments, the SGA has revealed new initiatives to supervise gaming enterprises more rigorously, encompassing covert participation in gambling operations to guarantee adherence.
Swedens administration is taking a stricter stance on wagering. They are amending regulations to establish a more secure gaming environment and will be intensifying their scrutiny of gaming providers. These providers will be obligated to collaborate with authorities to aid in probes of unlawful gaming operations.
