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Swedish Regulators Back off Deposit Caps

Lawmakers in Sweden are scrapping a plan to reimpose online casino deposit limits that were originally implemented during the early days of lockdown and the pandemic. Are governments realizing that lockdown-fueled problem gambling isn't as big a problem as originally envisioned? Or is this just another sign of pandemic fatigue? Earlier this month, regulators at…

Will Overregulation Hurt Online Casino Market in Sweden?

The Swedish online casino market is about to change. On November 14th, the Swedish government removed gambling restrictions that have hampered and frustrated many players in the country, including a SEK5000 (£424/€491/$600) monthly deposit cap. But even with this concession by the governing body, there is a danger that overregulation of the online casino industry…

Swedish operators say new rules promote illegal gambling

Are Swedish gambling regulators unwittingly promoting an exodus of players from regulated online gambling sites to the black market? That's the claim being made by Swedish operation association Branscheforenigen för Onlinespel (BOS). They're making the claim based on a recent survey they conducted and are hoping to use that data to help upend recent changes…

Swedish operators calls out gambling regulators on deposit cap

Are Swedish gambling regulators driving players directly into the arms of the black market? That's the opinion of Gustaf Hoffstedt, the head of the Branschföreningen för Onlinespe (BOS), a trade association for Swedish online operators. His views are the latest salvo in a battle over how much players can deposit in casino accounts without becoming…

Swedish gambling regulators challenge Kindred deposit win

Licensed gambling operators are going toe-to-toe with Spelinspektionen, the Swedish gambling regulator in a dispute over online casino deposits. Earlier this week Spelinspektionen, the Swedish gambling regulator, filed an appeal asking a judge to overturn an earlier decision that let casino players circumvent pandemic-related deposit limits. It's a dispute that will ultimately ride on whether…

Swedish gambling regulators want to extend COVID deposit cap

The Swedish government is very concerned about protecting its citizens from the temptations of online gambling during the pandemic and is looking to extend deposit limits at licensed operators to do so. On its face, that sounds like a good idea but regulated operators say it only drives players to the black market. As it…

Swedish court hands Kindred Group deposit cap win

A Swedish Administrative Court handed Kindred Group a big victory last week when it overturned a Spelinspektionen ruling regarding casino and sports betting account deposit limits. Thanks to some clever legal maneuvering, the licensed gambling operator has slipped through a loophole that may well be closed in the future. At the heart of the matter…

Bet365 warned for offering odds underage Swedish soccer

Spelinspektionen, the Swedish gambling regulator is issuing a warning to Bet365 for offering odds on a football match that included a large number of underage players. Company officials say that the odds were posted in error, but the hard minds at Spelinspektionen were not in the mood to hear argument, no matter how reasonable, and…

Swedish gambling regulators call for tighter ID rules

One of the biggest issues/burdens for online gambling operators, particularly those who serve European players, is staying in line with compliance rules. These regulations are designed to prevent fraud and problem gambling but can also border on the edge of Kafkaesuqe. That's what Bayton, a Malta-based operator, is finding out as it deals with an…