Sweden Passes Gambling Change Bill

This week the Swedish government approved of a bill that would change national gambling laws next year, voting 282-19 in favor.

The bill will change licensing, responsible gambling, fees, and more related to gambling, with operators paying SEK400,000 for a license and will also cover online betting, but that license will jump to SEK700,000 for both.

The new laws could go into effect on January 1st, 2019 and would bring in about online licensing later in the year.

Sweden has had restrictive online betting laws, despite having a huge gaming market. Many offshore operators have been offering services in the country, with Sweden generating no tax revenue or having protections for players. It's thought that by offering legal betting in the country that some of those issues will resolve themselves.

Casino Listings News will update this story as we learn more.

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bgsharpe
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14 June 2018 - 7:56pm
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I think the new bill will have a filtering effect over the brands at the Swedish market, maybe some of them wouldn't accept the new higher fees or just some of them wouldn't be able to afford it so only the serious companies would stay which in some sense means also a better customer protection too, at least I think so.

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