Compliance Updates

Smarkets Secures Betting Licence in Sweden

Published

5 years ago

April 20, 2020

Niji Narayan

Smarkets Secures Betting Licence in Sweden

Reading Time: < 1 minute

Betting exchange operator Smarkets has secured a betting licence from the Swedish Gambling Authority.

The licence will allow Smarkets to offer betting exchange services in Sweden via its primary Smarkets.com domain, with the brand expected to launch later this year.

A total of 95 companies have been issued licences to operate in Sweden since the country opened its regulated market in January 2019.

In August 2019, Smarkets launched its new proprietary sportsbook, which offers odds and a social media-inspired interface for betting on sport and politics.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.