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Svenska Spel’s CEO Supports Proposed Betting Ban on Specific Markets

Patrik Hofbauer, Svenska Spel’s CEO, has launched his support for the proposed ban several sports betting markets, as was suggested by authorities in Sweden.

The ban comes into play after a meeting between Sweden’s security minister, the country’s Football Association, and Ice Hockey Association. In the meeting, they discussed the risk of manipulation in specific betting markets. Regulators in the country are calling for a ban on sports bets with the potential to be influenced by players, including dismissals, corners, and yellow cards.

Hofbauer stated that Svenska Spel is in support of the message that it is not a good idea to offer such markets. Match-fixing has become a huge issue, and the Swedish government does not intend to make it easy for people to fix matches. Such events are easy to pull off because only a small team is involved and one player can control the whole process.

Hofbauer also drew attention to a recent case involving a match between Elfsborg and Kalmar. In this match, a player knowingly attracted a yellow card and had a relative bet on him getting the yellow card ahead of time.

The company has continuously supported the sports sector, where this issue is concerned. Hofbauer stated that it is a matter of the company’s course to help stop crime and cheating. Their customers should be empowered to feel confident that any match they bet on could not be manipulated.

Source: https://europeangaming.eu/portal/latest-news/2019/10/16/56582/svenska-spel-ceo-backs-proposed-betting-ban-on-selected-markets/

About the author

Catherine Wambui

Catherine Wambui

Catherine Nyaga is a freelance writer covering Real Estate and Technology. Her other interests include Nature, pets and accounting. She recently graduate from Nairobi University with a degree in Accounting.

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