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Swedish government gives up ATG board appointment powers

Regulation

The Swedish government has agreed with Svensk Travsport and Svensk Galopp to reduce its control of ATG. It will no longer appoint six of the 11 board members, and the nomination committee must ensure independent members form a majority; changes to ATG’s articles will no longer require state approval.

The agreement changes state influence over ATG’s board and governance in Sweden’s gambling market.

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