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Reuters moreover explained that the customizable app offers a range of wager types including real-time bets and translates bookmaker jargon such as ‘money line’ into the more understandable ‘who will win?’.the Professional and Amateur Sports Protection Act (PASPA) along with New Jersey’s subsequent launch of land-based sportsbetting services.Deregulation welcomed:Pontus Lindwall, Chief Executive Officer for Betsson AB, stated that it was ‘good that Sweden’ had ratified legislation that is designed to ‘open up the gaming market for free competition in a controlled environment’ before describing yesterday’s license application as ‘a milestone’ for the industry and his company....


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Following the earlier passage of legislation that is set to deregulate the Swedish iGaming market from the first day of next year, prominent online casino operator Betsson AB has announced that it has applied for a license to be able offer its services to players in the Scandinavian nation.Long history in Sweden:Stockholm-listed Betsson AB used an official Wednesday press release to declare that it has been offering ‘gaming entertainment’ to players in its ‘home market’ since 1963 and that it is now hoping that the Swedish Gambling Authority will give it permission to add iGaming to this provision.License would lead to ‘better possibilities’:Lindwall proclaimed that success will additionally give his firm ‘better possibilities’ to ink local advertising and sponsorship deals and possibly see the Stockholm-headquartered company slightly increase the number of employees working in its Sweden-facing public relations and marketing departments....


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