Compliance Updates
Booming Games Granted B2B License by the Swedish Gambling Authority
Booming Games, a rapidly-growing iGaming content provider, has announced that it has secured a Swedish Gambling Authority (SGA) license, enabling it to expand its European presence further.
On Monday, April 24, 2023, Booming Games was officially notified that it had received its B2B gaming license from the Swedish Gambling Authority (SGA). The company is now authorized to distribute its content to licensed gambling operators in Sweden. This means that Swedish players can continue to enjoy popular games such as Burning Classics, TNT Bonanza, Cash Pig, Buffalo Hold and Win and Rodfather Megaways.
The license was obtained strategically, as new regulations require all online casino game suppliers to be licensed, effective as of July 23, 2023. The Swedish government aims to increase the channelization of legal markets and protect both the industry’s integrity and consumers’ rights.
The Chief Commercial Officer for Booming Games, Frederik Niehusen, expressed excitement at being one of the first iGaming providers to secure a complete B2B gaming license in Sweden. The company acted quickly in the market, giving it a competitive advantage. The SGA noted that the new licenses are part of its efforts to combat illegal gambling operators and that suppliers of iGaming content must not partner with such entities.
“We are thrilled to have obtained a full Swedish B2B gaming license, which will allow us to expand our presence in the fast-growing Swedish market,” Niehusen said. “Being among the first providers to acquire this license is a testament to our commitment to excellence in the gaming industry. This achievement will enable us to build on our existing strengths and further develop our product offerings to meet the evolving needs of our customers.”
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