Compliance Updates
Wazdan Receives Swedish Certification, Expanding Their Reach Further Through the Nordics
Wazdan is thrilled to announce the confirmation of their Swedish certification, enabling them to offer their games through Swedish operators.
Confirmed this month, Wazdan is now fully certified in Sweden and have already enabled their games through their existing Swedish partners, including Kindred, Mr Green, Hero Gaming, and more.
The Swedish Gambling Authority began to accept license applications under a new law, earlier this year, in an effort to liberalise the gambling market and open it up to private actors. Before this, gambling activities were state-owned and had come under criticism from the European Commission for being monopolised. Online, however, under EU law, Swedes had been able to play at online casinos for some time, but finally, in 2018, the government agreed to follow Denmarks lead: quash the monopoly and open up the market. The Swedish Gambling Authority is the authority tasked with ensuring the legality, safety and reliability of the Swedish gaming and gambling market. Their role is to provide consumers with the tools for fair gaming by maintaining a transparent and balanced gaming market, as well as reducing the potentially harmful social effects.
Opening up the market is not just good for game producers, like Wazdan, it is also positive for the players. The main objective under the gambling re-regulation is to create a safer market, with particular focus placed on improving consumer protection, and game security. With this, players will be able to pause their accounts easily, and there will be increased punishments for illegal gambling activities and match-fixing.
Wazdan continues to grow in the regulated markets, with licenses including the MGA, the UKGC, Romania and Curacao. The company is also certified to offer their products in Sweden, Latvia, Lithuania and Estonia. Market expansion comes at a great time for Wazdan and their operator partners, with the company recently announcing a slew of new game title releases, including Lucky Fish, Relic Hunters™ and the Book of Faith, Lucky Reels, Space Spins, Magic Stars 5, Space Gem™, Juicy Reels, and Magic Stars 6, as well as their main game of the year, Larry the Leprechaun.
“We are excited to announce our Swedish certification, which allows us to strengthen our position in the Swedish market and expand the reach of our games through our existing operators. The Swedish certification opens up doors for our team to increase what we offer our partners, and also to develop new relationships with operators to bring Wazdan high-quality games to the Swedish players,” says Andrzej Hyla, Head of Sales at Wazdan.
Keep up to date with the latest Wazdan news at: https://www.wazdan.com
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