SGA (Spelinspektionen), the gambling regulator of the Scandinavian country, signed a Memorandum of Understanding (MoU) with Gibraltar Gambling Division (GGD). The two regulatory boards will collaborate in terms of public policy and creating a common ground of thinking.
The GGD is controlled by Gibraltar’s Ministry of Commerce, the governing authority of one of the small country’s most important economic sectors, igaming. GGD and SGA will work together to create a network of information devoted to shared interests so that they can address their next policy actions. Both decided to supply each other with data about their best practices and operating in general, with the ambition of a long-term and prosperous partnership.
This is the second partnership deal of this kind that the SGA agrees upon after the cooperation with the Malta Gaming Authority (MGA) earlier this year. According to SGA’s Director General Camilla Rosenberg, the authority aims to form bonds with more European gambling regulators. She also added that reaching out to Gibraltar’s authority was not random as some online casinos which operate in Sweden had already obtained a license and technical equipment in Gibraltar.
GGD Executive Director, Andrew Lyman asserted that it is crucial for his organization to team up with top-level regulators such as the SGA which promotes ‘fair play’ and social responsibility schemes, values that the Gibraltar authority shares.