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Lindwall’s statement read…“This is nothing that we have communicated but I think everyone can anticipate that when a market opens up like this and you decide to take a position on the market, then you have to be committed.10 minimum stake amount and utilizes a state-approved geo-location service to ensure that users can only place wagers while in New Jersey.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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Currently an invite-only service, the DraftKings Sportsbook furthermore reportedly allows users that have changed their minds about a particular wager to cancel the gamble or immediately cash out.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. It moreover explained that success this time around would see its list of local certifications, which already include jurisdictions such as Malta, the United Kingdom and Denmark, grow to twelve....

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