Swedish Gambling Authority stops gambling companies without a Swedish license
The Swedish Gambling Authority (Spelinspektionen) has made a new decision prohibiting the company Twocent Technology Limited from offering gambling services to Swedish consumers. The decision is based on the fact that the company lacks the necessary license required to conduct gambling operations on the Swedish market.
According to the Swedish Gambling Act, all operators targeting Swedish players must have approval from the authority. The purpose of the licensing requirement is to ensure a safe gambling environment, protect consumers against gambling problems, and ensure that gambling companies follow Swedish rules regarding marketing and responsible gambling.
Spelinspektionen actively monitors the market to identify operators acting without a permit. By issuing prohibitions against companies like Twocent Technology Limited, the authority aims to reduce the supply of unregulated gambling and strengthen protections for Swedish users.
The decision means that the company must immediately cease its operations targeting Sweden. For players, this means that one should be mindful of which websites they use, as gambling at unlicensed companies is not covered by Swedish consumer protection.
The authority is now continuing its work of reviewing the gambling market to ensure that all companies comply with the law. Consumers are urged to always check if a gambling company has a Swedish license before choosing to play, which can easily be done via Spelinspektionen's official website.