Swedish gambling authority Spelinspektionen and the UK Gambling Commission (UKGC) have renewed their gambling-related Memorandum of Understanding (MoU) to further solidify the collaboration between the two regulatory bodies.
The extended MoU aims to continue fostering information sharing and cooperation on best practices in gambling regulation. This renewal builds upon an initial agreement between the two regulators established in November 2019.
The decision to renew the MoU was reached at Spelinspektionen’s industry seminar held on March 5 at the Vasateatern in Stockholm. Sarah Gardner, Deputy Chief Executive Officer at the UKGC, and Camilla Rosenberg, Director General at Spelinspektionen, officially signed the renewed agreement.
“The gambling market is global and it is important to have good relations to cooperate with other gambling authorities. Although our markets differ, we have many common areas where we can learn from each other and exchange experiences. By working together, we can achieve our common goals of a healthy and safe gambling market,” Rosenberg said.
In addition to the UK Gambling Commission, Spelinspektionen has established MoUs with other prominent gambling regulators, including those in the Netherlands, Malta, and Gibraltar.
Key areas of focus outlined in the MoU include promoting a shared understanding of legitimate interests and engaging in dialogue on matters of mutual policy and operational significance. Operational assistance will also continue to be exchanged between the two regulatory bodies.
“The MoU – our second this year after Norway in February – will strengthen ties between our two jurisdictions and facilitate further sharing and promotion of information aimed at improving our respective regulatory duties and tackling common challenges, such as the illegal online market,” the UKGC said in a LinkedIn post.
“Our work with international partners is vital in ensuring that mutual interests aimed at protecting consumers in an increasingly global market are faced in a way that reinforces our commitment to making gambling safer, fairer and crime-free,” the post added.
