Mr. Vegas Casino has just made a power move related to its goal to compete with other marquee names in the Northern Europe gaming market after securing a license approval from Spelinspektionen – the Swedish Gambling Authority.

Entry in Nordic Gaming Arena

Mr. Vegas Casino became the 100^th operator to receive a license from the Swedish gaming regulator since the launching of the re-regulated market in 2019. By virtue of the license approval, Mr. Vegas also gained permission for its online casino platforms mrvegas.com and mrvegas.se URLs until January 31, 2026.

Ali Atam, CMO of Mr. Vegas Casino, said he likes his company’s chance against some of the competitors in the Nordic gaming market. He believes Mr. Vegas has the tools to get the fancy of players in the region right away.

“We are super excited about Mr. Vegas in Sweden and confident it will be an instant hit.

“It is such a distinctive name too. I am confident it will become the casino of choice for Swedes in 2021’’.

“We are not short of competition out there, but players are always looking for something new and I think they are going to like what we have in store for them. We can’t wait to launch the site in Sweden and see what people make of it!”

Burgeoning Swedish Gaming Market

Despite the COVID-19 pandemic, 2020 turned out to be a profitable year for the gaming industry and online casinos in particular. According to Spelinspektionen’s report last November, the Swedish gaming market earning jumped by 1.3 percent in the third quarter of 2020 with revenue of SEK 6.036bn (£526.68m). The implementation of the controversial temporary loss limit of SEK 5,000 (£445) also didn’t hinder companies catering to online casinos as this particular market segment delivered an increase in revenue from SEK 3.48 billion in 2019 to billion in 2020.

The Swedish gaming regulator also reported of seven percent increase of individuals getting suspensions for games. At the end of the third quarter, 56,000 players got suspended for violating responsible gaming protocols. The number jumped by 2,000 to 58,000 people in the middle of November last year.