The Gibraltar Gambling Division (GGD) has entered into a Memorandum of Understanding (MoU) with Swedish gambling regulator Spelinspektionen to enhance cooperation between the two jurisdictions.
The aim of the MoU is to facilitate on-going close communications between the two gambling regulators and to support effective sharing of information on matters of mutual interest and policy areas.
“Some of the companies that have received a Swedish license also have technical equipment and a license in Gibraltar,” explained Spelinspektionen director general Camilla Rosenberg. “By opening the communication channels between the authorities we become stronger in our supervisory activities.
“This is the beginning of a broad and long-term cooperation. Earlier this year we entered a MoU with Malta Gaming Authority and our plan is to initiate corresponding collaborations with more gambling authorities in Europe.”
GGD executive director Andrew Lyman commented: “Gibraltar is committed to working collaboratively and effectively with first tier regulators such as the Swedish Gambling Authority who share common values in terms of consumer protection, a fair market, promoting social responsibility and reducing crime associated with gambling.”