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How the Re-Regulation of the Swedish Market Affects Players and Casino Operators

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How the Re-Regulation of the Swedish Market Affects Players and Casino Operators
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Gambling industries from all over the world have to comply with a set of gambling regulations. Some are quite reasonable, whilst others may be more restrictive. Regardless, we can agree that they’re all confusing irrespective of the country you’re residing in.

In this post, we’re going to tackle the ins and outs of the Swedish gambling market. In particular, we’re going to talk about some gambling laws that are currently in place, and  how these are affecting casino operators and players

 

Gambling in Sweden: An Overview

Did you know that gambling in Sweden dates back to the 11th Century? That’s right! In fact, its roots can be traced back to the time when the Vikings conquered the land. According to several historians, it seems the Swedes used a dice game to settle a land dispute with the Norwegians.

Nowadays, Sweden has sought to become one of the biggest gambling markets in Europe. With well-known brands such as Unibet and Betsson, both of which fall under Kindred group, the Swedish gambling market has well and truly made its mark on the world.

As far as land-based gambling goes, there are currently four brick and mortar venues in Sweden. They are located in Sundsvall, Gothenburg, Stockholm and Malmo. As you can expect, these land casinos are packed with slot machines, poker, blackjack, roulette and baccarat. To enter a casino and play any of these games, you must at least be 20 years of age.

However, you are allowed to engage in casino online if the platform is licensed and if you are 18 years old.

 

Understanding Sweden’s Gambling Laws

It’s no secret that Sweden has experience a number of changes in gambling laws and regulation. For starters, one must keep in mind that the government established the state gambling monopoly back in 1934 to ban illegal gambling activities.

Given that Sweden’s local gambling market remained a state monopoly up until 2018, Swedish players had the option to gamble at the four venues or cruise ships. That said, it became harder for lawmakers to stick to the state monopoly given that the online casino world is making its mark on the world.

Online gambling became officially legal in Sweden back in the year 2002. Following this, Swedish lawmakers introduced laws that would open the doors to the market. In fact, more and more casino operators have been advertising their services openly during the last few years.

According to several industry experts, people are more nowadays more invested in playing online casino games due to the convenience and portability that comes with them. We get it – all you need to do is switch on your desktop device and just like that, you can place bets and enjoy your gaming experience.

On top of that, you can also opt for mobile gaming. Needless to say, the interest in this market is huge. In fact, lots of industry experts expect mobile devices to replace desktops in the years to come. Again, portability is a huge selling point here, so we understand why more and more users are opting to play casino games on their mobiles.

As mentioned previously, the success of the online gambling industry meant it became harder for state-owned Svenska Spel to monitor gambling activities. Given that this was set up many years ago, it obviously started causing more problems within the Swedish gambling industry. On top of that, Sweden faced a lot of pressure from the European Commission to completely remove the state gambling monopoly.

Evidently, it was causing a lot of problems to the industry due to the fact that it was limiting competition from industry operators from all over the world. As Swedish industry lawmakers faced more pressure from the European Commission to re-regulate the Swedish market, things were looking up.

After lawmakers realized that the Swedish government was losing many shares to international casino operators, they finally abolished the state gambling monopoly. The new Gambling Act came into effect on 1st January 2019. Since then, the Swedish Gambling Authority has been accepting more private online casino operators.

As one can imagine, there were many reasons as to why new reforms where needed. First off, there was a need to recognize the unregistered market. On top of that, these new laws would allow the country to benefit from the taxes.

Under the new act, the Swedish Gambling Authority now has the right to approve all forms of gambling on an online and offline basis. Additionally, the new laws also impose strict regulations on responsible gambling and most importantly, protects players.

To illustrate this as an example, operators cannot offer credits to players. Furthermore, built-in tools such as self-exclusion has to be added to each platform by law. Following this huge change more than 100 casino operators have been registered as licensed providers. Needless to say, the year 2020 marked a significant change in the history of gambling in Sweden.

 

Main Takeaways from the New Legislation

So far, we’ve established that online gambling is no cause for concern for players. In fact, creating an account and placing bets online aren’t considered as criminal offenses. That said, if you are a casino operator, you need to make sure that you are doing things by the book.

Gambling regulations in Sweden aren’t so bad for players as it is not a criminal offense to create an.

Here the key points from Sweden’s new gambling legislation (SFS 2018:1138):

  • Companies need to pay 18% tax for commercial gaming
  • There are six different licenses (depending on the service offered)
  • 0% tax for charitable gambling events
  • License prices vary – 400,000 – 700,000 SEK
  • The legal age is 18+ to play online and 21+ to be able to enter a land-based casino.

Although the new rules will increase revenues, the re-regulation of the market will promote a safer gambling environment for players and operators. As mentioned previously, this will improve cyber security, online safety, match fixing and game security.

All rules in the new legislation apply to all gambling services (online and land gambling) that target Swedish players. In the long run, this allows all foreign operators to have equal chance of competing with Svenska Spel where advertising and marketing issues are concerned.

Types of Licenses

LICENSE GAMES INCLUDED EXPLANATION
State owned games Casino games, slot games and some lottery Only for state owned companies
Public purpose games Some lottery games Only for non-profit organizations
Commercial online games Online casino games, slot machines and bingo Companies that meet the following criteria
Betting All forms of online and land-based betting Companies that meet the following criteria
Commercial land-based games Slot games and card games outside a casino Companies that meet the following criteria
Cruise ship games Casino games and slot machines Ships on international waters

 

And on that note, we will now focus on some of the best online casinos that are licensed to operate and offer their services in Sweden.

 

Top Casinos in Sweden

So, which are the top contenders that are exciting Swedish casino enthusiasts? Check out our definitive list here!

Spin Casino

If you’re looking for a top casino that offers the full package, look no further than Spin Casino. Ever since it was launched in 2018, it has excited players from all of the world with what’s on offer. We’ll tell you one thing – the bar is extremely high

Since you’re here for the gaming experience, we can guarantee that the lobby is packed with the best casino games from top leading providers. From top online slots, intense table games, immersive live casino and more, you’re spoiled for choice. There are plenty of chances for you to get your hands on the gold, not to mention what’s in store when it comes to bonuses.

When you sign up, you can get 100 SEK after you place your first deposit! What a way to kick things off right?!

 

Twin Casino

Twin Casino has also made it to our favourites’ list – and with good reason! Swedish players are treated to an online casino experience that well and truly exceeds their expectations. For starters, you are awarded 100 SEK or 100 Free Spins just for signing up! (Terms and Conditions Apply) What’s not to like?!

Best of all, you are treated to over 1,000 games from over 20 manufacturers. Trust us when we say Twin Casino isn’t messing around here. In fact, this casino operator has teamed up with the likes of NetEnt, Evolution Gaming, Play ‘n Go and Pragmatic Play (amongst others) to offer best-loved slots, thrilling table games and immersive live casino.

What’s also great about Twin Casino is that you have free rein to enjoy your favourite games on your phone or via your smartphone device. Additionally, there are plenty of deposit and withdrawal methods you can use, including Mastercard, Trustly, Neteller, Skrill and others. If any problems crop up, you can always get in touch with the 24/7 customer support team.

 

888 Casino

A casino like 888 casino certainly needs no introduction. With over 20 years of experience in the industry, this provider knows exactly how to offer a jam-packed experience to Swedish players. And we can see why!

Needless to say, the games are the heart and soul of every casino experience. In this case, 888 Casinos promises only the very best casino games for all gaming levels. Given that all games are provided by leading gaming giants such as NetEnt, you just know you won’t be disappointed.

We’re talking classic slots like Starburst and Gonzo’s Quest, as well as table games like blackjack, roulette, baccarat etc. Of course, we can’t forget the stellar live casino selection of games! Again, you know you are guaranteed a cutting-edge gaming experience. What’s more is that you can bag 100 SEK welcome bonus upon registration. (Terms and Conditions Apply)

Finally, 888 Casino ensures that all the technical details work just as good as the games. You are spoiled for choice with the selection of banking solutions and you are also given the option to get in touch with the 24/7 customer support team.

 

Casino Room

Come one, come all to the Casino Room! Where to start? Once again, we’ve got another reputable provider that has a valid Swedish license to offer casino games and services in the country.

And we’re so glad they do! You are invited to a casino room – no pun intended, packed with over 1,000 games from top gaming giants that are currently dominating the industry; NetEnt, Microgaming and Yggadrasil. We’re talking the best card games, classic casino games, slot machines and even a dose of live casino! From casino classics like Jack and the Beanstalk , Blood Suckers to the world famous Starburst, players at Casino Room can always find a game that suits their taste!

You’re also treated to a generous welcome bonus that will certainly make your experience even more exciting. (Terms and Conditions Apply)

Above everything else, you are offered a safe and secure gaming experience every single time. Given that Casino Room takes responsible gaming very seriously, this provider is happy to offer support and advice on the topic.

 

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7-Eleven selects Jackpot.com as their official lottery partner

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Online Lottery Courier Service Jackpot.com Announces Exclusive Collaboration with 7-Eleven, Inc.

Jackpot.com will serve as the official lottery courier service of 7-Eleven, Inc., initially launching in Ohio and Massachusetts  

Jackpot.com – the online lottery courier service that allows consumers to purchase official state lottery tickets on their phone, tablet, or computer – announced today an exclusive collaboration with 7-Eleven Inc., the largest convenience store chain in the world, to serve as their official lottery courier service.

As part of the collaboration, 7-Eleven customers in Ohio and Massachusetts will be able to sign up and play lottery games and scratchers on the Jackpot.com app or website. The program will initially be launched in over 600 7-Eleven and Speedway stores in Ohio and Massachusetts, with a special launch promotion that gives 7-Eleven customers a free lottery ticket on their first deposit by using promo code, “7Eleven”.

“We’re thrilled to work with 7-Eleven, the leading retailer of lottery tickets in the country,” said Akshay Khanna, CEO and co-founder of Jackpot.com. “Leveraging our technology and innovation, we can provide additional convenience for their customers, while adding an additional source of revenue. A true win-win relationship for all.”

By launching in Ohio and Massachusetts in 2023 and 2024, respectively, Jackpot.com aims at adding another avenue for player convenience with one of the most widely recognized brands in the convenience-retailing space. With a presence in Ohio, the nation’s seventh-largest lottery market, and Massachusetts, whose state lottery produced $1.2 billion in net profit for the Commonwealth during the 2024 fiscal year, Jackpot.com’s collaboration with 7-Eleven represents an added layer of accessibility for players.

Jackpot.com remains committed to responsible play and has significantly invested in protocols by allowing customers of legal age to set spend limits and limits on daily deposits, all while providing access to local and national responsible gambling resources, self-exclusion, self-suspension and automated notifications that offer help should problematic behavior be detected. Jackpot.com is also the only lottery courier service to launch with an iCap certification from the National Council on Problem Gambling.

To learn more, visit jackpot.com. First-time users can also download the official Jackpot.com Lottery App on the iOS or Android App Stores, where available.

 

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eSports

The World Esports Summit 2024 Is Here!

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The IESF World Esports Summit returns this December to Busan, South Korea. Hosted at the Busan Esports Arena (BRENA) from December 5-6, the Summit will bring together prominent figures from Esports, global brands, government officials, and sports executives for a deep dive into the current Esports trends, its rapid transformations, and future challenges.

This year’s theme, “Building Bridges, Not Barriers, Through the Power of Esports,” will highlight the role of Esports in uniting cultures, ideas, and industries. Under the slogan “We Empower Success,” the

Summit provides a great platform for Esports experts to engage in meaningful discussions and sessions, sharing their insights on trends and presenting forward-looking ideas for our industry.

The event, strategically timed at the close of the competitive season, presents a perfect environment for reflection on the year’s biggest events, industry shifts, and the next steps for Esports. Attendees can follow the expert’s perspectives on topics like:

  • (R)Evolution in Esports
  • East Meets West
  • Esports Integrity: The Role of Referees
  • The Rise of International Esports Competitions
  • (In Korean) Korea’s Secret Sauce etc.

Also, featured at this year’s event are the IESF World Esports Training Camp and the World Esports Referee Academy.

These are very important IESF programs that are aimed at advancing the skills and professional standards of the next generation of Esports leaders.

Join us in Busan for two days designed to inspire, connect, and empower the international Esports community.

Registration for the World Esports Summit is free and open to all interested attendees.

To register, please complete our online registration form: iesf.formstack.com/forms/wes2024_participation_registration

See you in Busan!

 

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eSports

Akhil Sarin CMO at Easygo named as key note at ICE Esports Conference

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Clarion Gaming has confirmed that Akhil Sarin CMO at Easygo, the technology powerhouse behind the success of global brands Stake and Kick will headline the Esports & Games Conference (EGC) taking place on 21 January as part of the ICE Barcelona experience.

As a key member of the executive team, Akhil Sarin has been instrumental in securing the high-profile partnerships that have accelerated Stake’s growth, including the Stake F1 team, UFC, Drake, and Premier League Everton FC.

Through these strategic alliances he has amplified Stake’s brand presence at the same time as creating unique, immersive player experiences, in the process setting new industry benchmarks.

Announcing the high profile speaker Will Harding, Head of Esports at Clarion Gaming said: “Securing Akhil Sarin as EGC  key note at ICE Barcelona represents a remarkable opportunity for our attendees to gain invaluable insight into cutting-edge strategies in digital and influencer marketing .

“Akhil’s expertise with Stake and Kick.com embodies the forward-thinking, innovative approach that defines the digital marketing landscapes. His participation underscores the calibre of knowledge-sharing that we are  committed to delivering at ICE and he is sure to both inspire our attendees and elevate their strategic perspective.” 

Looking ahead to ICE Barcelona, Akhil Sarin stated:  “Collaborating with Clarion Gaming at ICE Barcelona is an exciting opportunity to showcase Stake’s journey and continued focus on bold partnerships and creative marketing strategies that resonate with audiences.”

He added “The EGC is a vital platform for exchanging transformative ideas and shaping the future of gaming and entertainment. I look forward to discussing Stake’s vision and collaborating with industry leaders to inspire growth and innovation across the sector.”

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