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”Operator going for twelfth local license:Betsson AB used a second official press release to reveal that it had fruitlessly applied for a Swedish iGaming license in 2006.Deregulation welcomed:Pontus Lindwall, Chief Executive Officer for Betsson AB, stated that it was ‘good that Sweden’ had ratified legislation that is designed to ‘open up the gaming market for free competition in a controlled environment’ before describing yesterday’s license application as ‘a milestone’ for the industry and his company. We have been committed to the Swedish market for a long time and have spent a lot of money on it and I think that will continue as before more or less....
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Reuters moreover explained that the customizable app offers a range of wager types including real-time bets and translates bookmaker jargon such as ‘money line’ into the more understandable ‘who will win?’.the Professional and Amateur Sports Protection Act (PASPA) along with New Jersey’s subsequent launch of land-based sportsbetting services.License would lead to ‘better possibilities’:Lindwall proclaimed that success will additionally give his firm ‘better possibilities’ to ink local advertising and sponsorship deals and possibly see the Stockholm-headquartered company slightly increase the number of employees working in its Sweden-facing public relations and marketing departments....
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Lindwall’s statement read…“This is nothing that we have communicated but I think everyone can anticipate that when a market opens up like this and you decide to take a position on the market, then you have to be committed. It moreover explained that success this time around would see its list of local certifications, which already include jurisdictions such as Malta, the United Kingdom and Denmark, grow to twelve.”Operator going for twelfth local license:Betsson AB used a second official press release to reveal that it had fruitlessly applied for a Swedish iGaming license in 2006....
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