Results 1 to 4 of 4
  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
    Join Date
    February 2007
    Newton, MA
    Thanked 1,430 Times in 867 Posts

    Default New laws in Sweden could "change the gambling culture"

    The Swedish parliament officially adopted a bill that will introduce an online-gambling licensing regime, beginning 1 January.

    Any company seeking to operate in Sweden’s gambling market will now have to have an authorized license and operators promoting gambling without one will be "criminalised." The news comes a few days after it was reported that companies that hold licenses in the county generated SEK12.2bn in Q3, down 2.4% year-on-year, whereas unlicensed firms saw their collective revenue climb 12.4% to SEK4.5bn.

    From The Leader:

    According to the Minister for Public Administration, Ardalan Shekarabi, “Unregulated gambling has taken over and gambling is used in criminal activities. It is 14 years since the first of a line of gambling inquiries was appointed. It is now time for us to move from words to action and regain control of the Swedish gambling market.”

    The gambling market will be divided up into a competitive sector, a non-profit sector, and a central government sector. The competitive sector will include online gambling and betting. The non-profit sector will include lotteries and bingo. And the central government sector will including state-owned casinos and gambling on token machines.

    Licensed gambling will be taxed at 18 per cent except in the non-profit sector where it will continue to be tax exempt.

    Mr Shekarabi adds, “We are reinforcing the Swedish Gambling Authority, granting it more and sharper tools. Unlicensed operators will be shut out of the market and licence-holders must conduct their activities in accordance with the law. Today we are also instructing the Swedish Agency for Public Management to follow up the reform to quickly make any amendments to the act if the goals of the reform are not achieved.”

    The new bill also proposes the following:

    • Licenced operators will have a duty to protect gamblers from excessive gambling
    • Transactions may be blocked between gamblers and unlicensed operators
    • ISPs will be mandated to set up warning messages for websites which offer unlicensed gambling
    • Advertising and promotion of gambling without a license will be criminalised

    Online gambling is very popular throughout the Scandanavian countries, primarily due to the fact that there are very high internet and mobile penetration rates throughout the area and the local populations are very technically proficient.

    Regulation of the gambling market is considered by many to be a good thing which will help to drive growth, innovation and investment from international operators.
    Read more here:

  2. The Following User Says Thank You to The Buzz For This Useful Post:

    Cash Bonus (15 November 2018)

  3. #2
    Cash Bonus's Avatar
    Cash Bonus is offline Private Member
    Join Date
    May 2014
    Thanked 2,278 Times in 1,594 Posts


    Of course, Everyone in this industry should have an authorised gaming licence in order to operate an internet gaming business in wherever they may be in the world and for who their target audience is.

  4. #3
    Swedenbetting is offline Non-sponsor Affiliate Program
    Join Date
    November 2018
    Thanked 7 Times in 4 Posts


    Agreed! Anyone has the english version of the new law?

  5. The Following User Says Thank You to Swedenbetting For This Useful Post:

    JoeHarris (25 November 2018)

  6. #4
    JoeHarris is offline Banned
    Join Date
    May 2018
    I move around
    Thanked 62 Times in 47 Posts


    Yes would be interest to see it in English

  7. The Following User Says Thank You to JoeHarris For This Useful Post:

    Swedenbetting (26 November 2018)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts