Regulation

Swedish Gambling Authority issues black market warning to payment processors

Local operators suggest black market could be responsible for 10%+ dip in overall market revenues

The Swedish Gambling Authority (SGA) has written to local payment providers warning them against working with unlicensed operators. The SGA the core purpose of reregulation was to increase consumer protection and it could not achieve that goal without channelisation. “As part of our supervisory work, we have sent a letter to payment service providers,” the…

Black market | Kindred Group | Regulation | Sweden | Sweden Gaming Authority

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