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Sweden takes aim at payment processors serving unlicensed iGaming operators

13th September 2019 7:45 am GMT

Swedish gambling regulator Spelinspektionen has written to online payment processors to remind them that they may be committing a crime under the country’s gambling legislation by serving unlicensed online gaming operators.

The new Gambling Act, which came into force on January 1st of this year, licensed and regulated online gaming for the first time in Sweden while criminalising unlicensed operations.

The letter to the country’s regulated payment processors warns that facilitating payments to and from unlicensed operators [...]

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