Swedish Gambling Authority Spelinspektionen and the NL's Kansspelautoriteit Ink Key Memorandum of UnderstandingPublished November 3, 2020 by Lee R
A new MoU between the Netherlands and Sweden authorities looks like a match made in iGaming heaven.
A Memorandum of Understanding has been signed between two key emerging EU jurisdictions.
The Cooperating Parties
The Swedish Gambling Authority (Spelinspektionen) and the Netherlands Gaming Authority (Kansspelautoriteit) are the cooperators.
The new Memorandum of Understanding (MoU) calls for authorities to increase cooperation, share information and experience, and jointly enforce actions against operators.
Joint Commitment to Safety
The agreement was forged as a way to accelerate SGA and NGA joint goals and efforts to of make iGaming safer overall.
Sweden Director Speaks
Spelinspektionen Director General Camilla Rosenberg calls this an "opening of communication channels” between authorities which strengthens the supervisory activities of both groups.
Rosenberg was pleased to count this as the fourth MoU signed between “European gambling authorities since the new Swedish regulation came into force in 2019.”
Similar Malta Agreement
An earlier MoU forged by Spelinspektionen includes the August signing with the Malta Gaming Authority (MGA) which facilitated sharing of best practices among the two parties in the coordination of supervisory tasks.
NL Leader Speaks
Of the latest MoU, Kansspelautoriteit chairman René Jansen said:
"Such a Memorandum of Understanding forms a good basis for sharing knowledge, collaboration and a smooth exchange of information.”
The deal clearly aligns the shared priorities of the two authorities to prevent criminality; improve the transparency and fairness of gaming and practices; and protect the vulnerable against gambling addiction.
With Sweden finding its way after last year's liberalisation of the market and the Netherlands preparing to regulate after years of delays, the enhanced legitimacy of Memorandums of Understanding can be a welcome development for all stakeholders across each jurisdiction, and iGaming itself.
The NL-Sweden MoU has the potential to preventatively stabilise the initial growing pains of each otherwise prosperous jurisdiction as the two emerge into sustainable secondary existence.