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Online slots Casino bonuses Payment methods Gaming jurisdictions. Slots Newest slots Video slots Progressive slots Reel slots. The current gaming laws in Sweden place all the power of gambling in the hands of a state-owned monopoly.
Things are changing however, as the European Commission has put great pressure on Sweden to open the country the industry to competition from foreign operators.
The threat of EU sanctions has prompted Swedish lawmakers to get serious about making changes to the current system.
As it stands right now, all gambling in Sweden is controlled by Svenska Spel. This includes control over the brick-and-mortar business as well as online gambling.
The only legal and licensed gaming site in Sweden is operated by Svenska Spel, but gamblers are under no obligation to limit themselves to that one option.
Like many other nations, Sweden has strict laws for those in the business of gambling, but not for players.
Svenska Spel may have the benefit of a monopoly over online gambling, but the company is also subject to burdensome regulations that make it difficult to compete with foreign providers.
For example, online poker at Svenska Spel is limited to Swedes, which greatly limits the player pool. Many gamblers in Sweden prefer to visit unlicensed operators for larger player pools, better sports betting odds, and greater casino game selection.
These gaming sites may be unlicensed in Sweden, but they do hold licenses in other reputable jurisdictions. They are located in places where online gambling is legal and argue they have no obligation to follow the laws of other nations, especially when those laws violate EU trade agreements.
There are two major pieces of legislation that shape online gambling today in Sweden. The Lotteries Act regulates how lotteries, guessing games for money, bingo, gaming machines, roulette, dice games, and card games may be run in Sweden.
It gives full authority to the Gaming Board of Sweden to issue licenses and ensure games are run properly. The act covers a full range of activities, but the biggest impact it had was to keep all lottery-style games in full view of the state.
Lotteries and other games may only be offered by non-profit charity groups and government approved operators such as the national lottery and certain horse racing groups.
In addition, the act makes it illegal to promote unlawful and foreign lotteries.