All Change In the Swedish Gambling Market

Back in August 2018, Swedish Gaming Regulator Lotterinnsspektionen received 55 applications for a license.

More Licenses granted

The Swedish authorites have been strict on gambling law and only ever had one online authorised gambling operator, Svenka Spel. The operator’s gross gaming revenue over three quarters of 2018 SEK16.8bn. With the new regulations in place we can see the likes of Betway, Casumo, Red Bet and Mr Green having a license to operate in Sweden, with up to 30 operator’s being granted licenses.

Player Safety

With strict laws on gambling in Sweden, the Swedish Gambling Authority (SGA) will ensure players are safe with each operator going through rigorous technical tests ensuring they reach the required standard. They want players to be assured that the games they are playing cannot be manipulated in any way.Lotteriinspektionen the Swedish Gambling Authority said’“ The players ability to keep track of their gambling is essential from a consumer protection perspective.”“ The individual is responsible for their own gambling, but some have a limited ability to gamble responsibly, and within restraint.”

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