1×2 Network, a developer of gaming software with existing licenses in regions like the United Kingdom and Romania, has recently secured authorization to operate in Sweden. The Swedish Gaming Authority (SGA) has granted them a B2B (business-to-business) gaming permit. This achievement holds significant importance for the company, as Sweden maintains a prominent position within the iGaming industry.
Kevin Reid, the Chief Executive Officer of 1×2 Network, has expressed enthusiasm for broadening their presence and collaborating with leading operators in the Swedish market.
Notably, they are not alone in their endeavors within Sweden. Hacksaw Gaming, another gaming entity, has also recently obtained a B2B license. Marcus Cordes, their CEO, views this as an opportunity to gain a competitive advantage in this rapidly expanding market.
Simultaneously, the SGA is not merely issuing licenses. They are enhancing their regulatory efforts. New measures have been implemented to strengthen the monitoring of gaming providers, including undercover gambling operations to maintain closer scrutiny.
Swedens administration is increasing its endeavors to address gaming concerns. They plan to amend legislation, compelling gaming enterprises to collaborate more closely with law enforcement to combat gaming-associated offenses. This might entail exchanging data to aid investigations.
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