Press Releases
Swedish online casino shutter would cause instant ‘black-market boom’, says BonusFinder MD

Government considers ‘extreme measures’ as activity rises amid COVID-19 restrictions but closures would drive more players to unlicensed sites instead of protecting them
9th April, 2020 – The Swedish government’s threat to temporarily shut down licensed online casinos would have a disastrous effect on the industry and drive thousands more players to the black market, BonusFinder.com has warned.
The minister in charge of gambling policy, Ardalan Shekarabi, this week warned that “extraordinary measures” would be implemented if operators do not take action to slow the increase in igaming activity seen in the last two weeks, as people are told to stay at home because of the COVID-19 outbreak.
According to new data from Sweden’s gambling regulator, Spelinspektionen, there has been a 33% increase in registrations and logins to play online casino games with 17 of the 60 licensed operators in the country in the last 14 days.
Last month, Swedish market research carried out by BonusFinder.com found that almost a third of Swedish online casino players are searching for ‘unlicensed casinos’, with growing numbers turning to black-market brands due to the market’s restrictive gaming regulations, introduced in January 2019.
Instead of protecting players, a shutdown of online casino brands, however, is likely to lead to thousands more players searching for and depositing funds on unlicensed sites, as well as causing further financial damage to licensed operators, according to BonusFinder.com.
Fintan Costello, Managing Director, Bonusfinder.com, said: “The Swedish government will make a colossal mistake if it chooses to temporarily close down online casino sites in an attempt to protect players. As our research has shown, almost a third of online casino players are already looking to the black market for a more attractive offering since restrictive rules were imposed in January 2019. These latest plans would create an immediate black-market boom.
“Swedish legislation requires operators to have strict responsible gambling procedures in place, therefore the right measures are already there. The focus should instead be on ensuring these are adhered to rather than taking a knee jerk reaction to close down all legitimate brands and forcing even more players to unprotected sites.”
Arizona
Plannatech Enters Arizona with Hosting Solutions from Internet Vikings

Internet Vikings, a licensed in-state hosting provider for the U.S. iGaming and online sports betting industry, is announcing that it’s supporting Plannatech, a large B2B Provider, now stepping into the B2C space, in its expansion within the United States through an agreement to provide VMware cloud hosting solutions in Arizona.
Plannatech, leveraging the well-established Betcris brand from the America’s sports betting industry, has selected Internet Vikings for its structured setup processes, stable hosting environment, and technical expertise. This agreement ensures that the B2C iGaming and sportsbook operator benefits from a highly secure and reliable infrastructure, with Internet Vikings’ responsive support playing a crucial role in maintaining smooth operations.
“This is our 2nd state with Internet Vikings, who has been an absolute pleasure working with in providing the solid hosting infrastructure we need as we now expand into Arizona this time as the Operator,” said Adam Bjorn, CEO at Plannatech.
“We value our partnership with Plannatech and extending our VMware cloud hosting solutions to Arizona was the perfect next step as they bring new strategic offerings to the U.S. market,” said Rickard Vikström, CEO and Founder of Internet Vikings.
The Arizona sports betting market has seen impressive growth rates, with total handle reaching $791.2M in October 2024. While several operators have struggled to gain traction, Plannatech, utilizing the Betcris brand, is taking a strategic approach and leveraging its extensive experience in competitive markets. By choosing Internet Vikings as their hosting partner, Plannatech ensures a strong, compliant, and resilient digital presence as they expand their U.S. operations.
The post Plannatech Enters Arizona with Hosting Solutions from Internet Vikings appeared first on Gaming and Gambling Industry in the Americas.
Latest News
Paysecure expands reach across LATAM, showcasing solutions at SIGMA Americas

Paysecure is strengthening its presence across Latin America, addressing the region’s complex payment landscape with advanced payment orchestration solutions. As part of this strategic plan, Paysecure will showcase its cutting-edge platform at SIGMA Americas, taking place April 7-10, at booth N115.
Expanding into new LATAM markets presents businesses with significant challenges, including navigating diverse local payment methods, multi-currency processing, managing multiple Payment Service Providers (PSPs), or ensuring compliance with varying regulations and reducing fraud (Brazil experiences a chargeback rate of approximately 3.48%, while Mexico’s rate stands at about 2.81%).
Already operational in key LATAM markets such as Mexico, Brazil, Argentina, Colombia, Costa Rica and more, Paysecure is poised to address these payment barriers by offering a single, streamlined API integration and a fully customizable dashboard that allow merchants to gain access to advanced capabilities including:
- Smart transaction routing – The company optimizes payment flows, managing to achieve up to a 15% decrease in payment processing costs by finding the lowest-cost routing options through dynamic selection.
- Comprehensive merchant controls: Paysecure’s intelligent engine allows transaction limits settings, applies cascading logic, and enables 10+ types of real-time reports that analyze trends and customer behavior.
- Dynamic fraud prevention: Its User Trust Score system and adaptive fraud detection tailored to each market ensure an over 10% decrease in fraud-related losses.
- Global payment network: With access to 500+ PSPs and acquirers, Paysecure enables businesses to offer customers their preferred payment methods in any country or currency.
In addition, the company has been shortlisted for ‘Best Online Payments Service 2025’ at the SIGMA Americas Awards Ceremony. The company will also exhibit at the event and attendees can visit Paysecure’s booth (N115) to explore how its solutions can enhance payment security and efficiency in the LATAM market.
The post Paysecure expands reach across LATAM, showcasing solutions at SIGMA Americas appeared first on Gaming and Gambling Industry in the Americas.
Latest News
New Partnership Between Slotsjudge and Formula Spin

The new deal signed between Slotsjudge and the Formula Spin provider offers an opportunity to review high-quality games and gain valuable insights for more thorough research. Considering the company’s ambitions and fresh ideas, the collaboration will be fruitful.
Collaboration Details & Potential
The collaboration started in March 2025 and it’s certain to grow into a vast range of engaging reviews for readers. The team will receive detailed information about each game directly from the provider and get to know its insights and news first. Thus, the content is certain to boost, while players will access more informative guides and catchy reviews to read.
New Deal & Great Experience for Users
The Formula Spin provider has a good collection of classic slots upgraded with bold designs and mechanics like Gold To Win. For example, 40 Prime Fruits, Hit Classic, and Coin Reel: Hold to Win. The partner offers light games of up to 5MB, guaranteeing a great upload speed within seconds on any device. Its seasoned safety system also deserves mention, including the iTechLabs certificate proving the RNG fairness. The other advantages not to miss include the support of fiat and cryptocurrencies and languages for any need and the provider’s passion for innovation and new trends.
Further Plans: More Reviews & Interviews Expected
This partnership is certain to bring the potential for the Slotsjudge’s growth. Experts plan to overview more games from the provider, adding the results of their own research and comparing their mechanics. The team also plans to reveal the provider’s strengths and highlight them in interviews, blog articles, and other ways to keep readers engaged.
Oleg Galushko, Formula Spin CEO, commented on this: ‘We are excited to partner with Slotsjudge, as this collaboration provides a great opportunity to share insights into the evolution of the iGaming industry, innovations in slot games, and the trends shaping the future of gambling.’
Jekaterina Dubnicka, Head of Marketing & Communications at Slotsjudge, added: ‘I’m always excited about new opportunities for Slotsjudge, especially when it’s a partnership with an ambitious provider that updates the well-known classic slots theme. I believe this collaboration will enhance players’ engagement and entertainment levels.’
The new deal signed between Slotsjudge and the Formula Spin provider offers an opportunity to review high-quality games and gain valuable insights for more thorough research. Considering the company’s ambitions and fresh ideas, the collaboration will be fruitful.
The post New Partnership Between Slotsjudge and Formula Spin appeared first on European Gaming Industry News.
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