1×2 Network Secures Swedish B2B Gaming Permit, Signaling Expansion into Regulated Markets
1×2 Network, a software development firm holding licenses in both the UK and Romania, has been granted a sought-after Swedish B2B gaming permit from the Swedish Gambling Authority (SGA). This accomplishment marks a significant stride in the company’s international growth plan. Chief Executive Kevin Reid highlighted their dedication to becoming a top provider within regulated iGaming sectors, especially in Sweden.
This development follows closely behind Hacksaw Gaming obtaining their own Swedish B2B license. Hacksaw Gaming’s CEO, Marcus Cordes, conveyed enthusiasm about being among the initial recipients of the permit, acknowledging its significance in establishing a solid presence within the rapidly expanding Swedish market.
Introducing an additional tier of regulatory supervision, the SGA has also unveiled new protocols to oversee providers discreetly. This encompasses the capacity to participate in gaming activities covertly, facilitating more thorough monitoring of gaming enterprises.
Swedens administration is taking a stricter stance on wagering. They are amending regulations to enhance security and promote well-being for all citizens.
A significant alteration involves requiring gaming enterprises to disclose any suspicious activities to law enforcement. It appears they are committed to curbing unlawful acts associated with gambling.
