Sweden's unregulated gambling market grows 57%

[The Buzz]

Sweden's gambling regulator, Lotteriinspektionen, reports that unregulated operators have increased their presence in the Swedish market over the last five years, according to Yogonet.com.

While unregulated gambling operations have clearly experienced a considerable growth over the past several years, regulated ones have seen a slight drop in sales. Turnover generated by operators that have been licensed by the local Gambling Authority amounted to SEK17.1 billion in 2016, down SEK17.26 billion in 2012.

The provision of gambling services in Sweden is mostly controlled by the local monopoly – Svenska Spel. However, it has been for years now that international operators have been providing their online gaming and betting products to local gambling customers. Despite operating without a license,it cannot be said that they have done so illegally, as a significant amount of legal fuzziness currently reigns over the country’s gambling landscape.

Read more here: http://www.yogonet.com/international/node/43486

And here is a link to The Swedish Gambling Authority 2016 Report: https://www.lotteriinspektionen.se/g...en-2016-en.pdf

[slotty]

Yep, and you should just see the TV advertisements over the last 5 years.. right now it honestly feels like 50% of all ads on swedish TV are casino related lol

[casinobonuscity]

Would be interesting to see what happens after the regulation. How many casinos do you think will apply for a license? Betsson and Unibet for sure, but what about the white label ones?

[Miles_Videoslots]

I work with many Swedish Guys and they also told me that the TV exposure is ridiculous