Swedish Gambling Authority stops gambling operator Twocent Technology
The Swedish Gambling Authority (Spelinspektionen) has made a decision to prohibit the gambling operator Twocent Technology Limited from offering gambling services to Swedish consumers. The authority has reviewed the company's operations and concluded that they are targeting the Swedish market without holding the license required under Swedish law.
According to the Swedish Gambling Act, all companies that wish to offer betting or casino games to individuals in Sweden must have a valid license from the Swedish Gambling Authority. By lacking this license, the company does not comply with the rules in place to protect Swedish players, such as requirements for responsible gambling and the ability to self-exclude via the Spelpaus service.
The decision means that Twocent Technology Limited must immediately stop directing its marketing and gambling services toward Sweden. The Swedish Gambling Authority has also decided that the prohibition shall be combined with an injunction, which means that the company must comply with the authority's requirements to avoid further sanctions.
The purpose of the Swedish Gambling Authority's work is to create a safe and secure gambling market for everyone in Sweden. By stopping unlicensed operators, the authority aims to reduce the risk of gambling problems and ensure that consumers only use legal and regulated gambling sites.
For those who gamble, this means it is important to always check whether a gambling operator has a Swedish license before you choose to play. You can easily see which companies are authorized by visiting the Swedish Gambling Authority's official website.