Stakelogic secures approval from Swedish gambling regulator

The leading developer of games and software for the online gambling vertical, Stakelogic, expanded further its European presence after securing new approval. The company unveiled last week it secured approval from Spelinspektionen, the Swedish Gambling Authority, to continue to provide its leading products for operators within the regulated gambling market in the country.

The green light comes ahead of a major change for the gambling market in Sweden that would require all providers of iGaming content, services and solutions to secure approval from the regulator. Stakelogic is in fact one of the first such companies to secure approval from Spelinspektionen.

Thanks to the approval, partners of the company in the country will continue to leverage its leading products that feature recognizable symbols such as cherries, oranges, grapes, 7s and BARs. At the same time, Stakelogic's leading products also offer a variety of engaging features including Free Spins, Multipliers and Wilds. Such content includes classic slots such as Multi4Player, Big Runner Deluxe and Multi6Player, among other popular titles.

Stephan van den Oetelaar, the company's CEO, shared his excitement in a statement saying: "Sweden is an important market for us, and we are thrilled to be among the first to secure a supplier license for both Stakelogic and Stakelogic Live." He explained that the company's content is well-received in the country and the latest approval allows Stakelogic to continue to deliver its live content and slots to operators in Sweden.

Finally, Oetelaar noted: "We are super focused on regulated markets, so securing this approval has been a priority for us and we are delighted to be among the first round of providers to have been given the green light by the regulator."

As noted by the company's CEO, Stakelogic Live, the provider's live dealer subsidiary, also secured approval for the regulated gambling market in Sweden. This allows the subsidiary to continue to supply its leading products to operators within the market.

The recent approval in Sweden enables Stakelogic Live's partner operators to continue to benefit from its leading, authentic and engaging products. Such games include the recently released Runner Roulette 5000X, American Blackjack, European Roulette, as well as Live Game shows.

Besides engaging features such as Free Spins, Stakelogic's games offer the popular and innovative Super Stake feature. The company's live dealer, as well as slot games, include the feature that enables the players to "double their bet to increase the chance of a bonus triggering and insane win combinations landing."

Image credit: Stakelogic