Well-known gaming and sports betting software will take part in this week’s iGaming Forum 2018 in Stockholm, Sweden, BetConstruct is set to attend the industry’s leading event for gaming developers this April 18.
This year’s forum taps into the progress of Swedish parliament in the first half of 2018 votes on re-regulating its gaming market, including the consequences and other effects of the law. This is because of the current situation in the prevailing duopoly of Svenska Spel and ATG in the Swedish market where the two companies and the structure itself are being criticized by private operators with European licenses.
The Gambling Act follows the UK model of legislative reforms and licensing system for sports betting, online casino, online bingo, and online slots licenses. If successful, it will put into motion on January 1, 2019. Around 40% of Swedish’s gambling revenue is comprised of online betting, therefore, the re-regulation of the Swedish gaming market would serve as a token for liberalizing the betting market and promoting neutral competitions.
BetConstruct deputy CEO and Chief Business Officer, Sergey Harutyunyan, will attend the event as a speaker to join the most aspiring and inspiring people in the gaming industry. He will discuss the opportunities and challenges that might occur in the upcoming re-regulation of the Swedish gaming market. After the confirmation of his attendance, he said: “We have been attending the conference every year and are delighted to be here again. We are looking forward to the new regulation and the opportunities it will bring to the Nordic operators. Sweden is a very important market for us. With a great focus on the requirements set by the regulatory, BetConstruct compliance team works hard to position the company technically and regulatory-wise in the market.”
In hindsight, this might make way for Bitcoin gambling to prosper in the country since the operations of a crypto-powered gaming site are relatively easier than that of traditional iGaming portals. Furthermore, this might open up the minds of both operators and players to explore what is Bitcoin and what the blockchain can offer in terms of banking convenience, security, and other concerns that make online betting a breeze.
ABOUT iGAMING FORUM
The forum has been an annual event for gaming companies for the last ten years. It is a brilliant opportunity for amateurs and professionals to meet with and learn from the speakers. But on top of all that, the main purpose of iGaming Forum is to help operators and developers create a safe, regulated, and responsible gaming environment while highlighting the positive and powerful impact of modern technology in this ever-changing world.
Aside from BetConstruct’s Sergey Harutyunyan, participants will be hearing insights from professionals in esports and casino industries such as esports living legend Emil “Heaton” Christensen, Swedish Gambling Association CEO Jenny Nilzon, iGaming Business Founder & Editor-in-Chief Michael Caselli, and Betspawn CEO and co-founder, Vidar Duvnäs.