Licenses are issued to a new group of software developers in order to serve the Swedish iGaming market.

The Swedish gaming regulator has recently been busy purging the online casino market and establishing a safer gaming environment.

The government is committed to passing laws that will tighten restrictions on unlicensed gaming activity and step up protection measures in light of the recent attention given to online gambling. All to build a more environmentally friendly gaming environment.

Sweden transitioned to the subsequent wave of software licenses in light of the numerous regulatory requirements and modifications.

A new game type is coming soon.

There will be a ton of new entertainment for Swedish online casino players in the near future. Nine additional businesses have been granted supplier licenses by the gaming regulator Spelinspektionen, joining the first three. Impressive providers like Yggdrasil, EveryMatrix, Relax Gaming, Thunderkick, Hacksaw, and Arland Gesellschaft Fur Informationstechnologie have been given the go-ahead to enter the market thanks to this new addition of 5-year licenses.

From the outside looking in
Given that Sweden is where Thunderkick is headquartered, it is an honor to be among the first to be granted a license to serve Swedish customers. With the help of the new license, the game developer will be able to begin offering games within the legally protected Swedish gaming market as of June 30. Today is a proud day for this provider because it means that all the necessary requirements have been satisfied.

Another service provider, Hacksaw, was ecstatic to be among the first to complete the requirements and receive a complete Swedish B2B gaming license.

With the go-ahead, the game provider can increase its efforts in the area and build from a position of strength by securing partnerships that will allow them to introduce their selection of games to even more players. As this announcement came soon after Hacksaw's partnership with Glitnor Group the previous month, the plans have already been set in motion.

The Swedish operator Lucky Casino already offers a number of titles from Hacksaw Gaming.

Another proud licensee that was unable to contain its happiness is EveryMatrix. This is based on the estimated SEK 17.1 billion in gross online gaming revenue generated by the Swedish market in 2022. Additionally, the emphasis is shifted to licensed operators even though the new regulations impose new limitations.

Game developers can reach a wider audience and provide operators with their content, API-based iGaming solutions, and other services. Since before it was one of the first licensed operators in the Swedish gaming market, EveryMatrix had planned to do this.

These outstanding suppliers are among the first five to receive supplier licenses before the deadline, along with Yggdrasil and Arland Gesellschaft Fur Informationstechnologie.

Developing regulated market
The new licensing framework makes player welfare and safety a priority while also preserving the integrity of the Swedish gambling market.

In order to protect players and promote responsible gambling, the Swedish Gaming Authority made it clear last year that one of the main reasons licensing of gaming providers is necessary. The area is making a concerted effort to close any doors to opportunities in the gray market.

Now, in order to operate or serve the market, suppliers and operators must have a license from the area.