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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.the Professional and Amateur Sports Protection Act (PASPA) along with New Jersey’s subsequent launch of land-based sportsbetting services.Long history in Sweden:Stockholm-listed Betsson AB used an official Wednesday press release to declare that it has been offering ‘gaming entertainment’ to players in its ‘home market’ since 1963 and that it is now hoping that the Swedish Gambling Authority will give it permission to add iGaming to this provision....

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It stated that the tool will subsequently clearly identify self-excluded players by quickly comparing these details with tdk, Betsson AB further detailed that a successful license application would see players in Sweden permitted to enjoy all of its sites from the first day of 2019 in return for it agreeing to pay an 18% tax on gross gaming revenues.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?’....

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Service currently invite-only:The news service reported that the Apple and Android-friendly DraftKings Sportsbook innovation allows users to login utilizing their existing accounts with DraftKings Incorporated and automatically calculates and informs users just how much they stand to win from a particular wager before casting the bet.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.Following the earlier passage of legislation that is set to deregulate the Swedish iGaming market from the first day of next year, prominent online casino operator Betsson AB has announced that it has applied for a license to be able offer its services to players in the Scandinavian nation....