Swedish Gambling Authority Opens Licensing Process

Published Wednesday, February 21, 2018 - Online-Casinos.com
Swedish Gambling Authority Opens Licensing Process

Sweden is one country in Scandinavia that is taking its time to level the online gambling field with new laws regarding the industry coming on January 1 2019. Swedish regulator Lotteriinspektionen has announced however that it will open the application process for new online gambling licences on July 1 2018 although the laws have yet to be carved in stone.

Sweden’s gambling regulator took time to evaluate the technical and practical dimensions of the new regulations after consulting the gambling public it is now prepared to present the updated version.

Director General of Sweden’s Lotteriinspektionen, Camilla Rosenberg said the number of possible licences available to operators is not capped as long as all applicants meet the proposed criteria set by the government authorities. Management of the activity will be looked at closely with responsibility, security and due diligence scrutinized when it comes to consumer protections.  

Rosenberg also stated that the law may not be clear at first, and that established reforms to the laws will be watched closely to see if further changes are required.

Rosenberg commented, “The awarding of licences and the dates from which they will be valid will depend partly on the quality of the applications and when they are received by the Swedish Gambling Authority,” Rosenberg said.

“We will make a comprehensive assessment of both the application and of the company behind the application.

“I would like to say that the re-regulation is extensive and will take time.

“Not everything will be clear from day one; the entire reform will be evaluated over a three-year period.

“The Swedish Gambling Authority – transforming into the new gaming authority – will do its best, given the conditions we face, to make reform successful.

“Our aim is to be as transparent as possible and provide regular information about new details and conditions.”

 

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