Although the Swedish Gambling Authority is not as well-known among gamblers as the UK Gambling Control Commission or Malta Gaming Authority, it doesn’t mean that its work should be overlooked. In this guide, we’re going to give the much-deserved attention to the Swedish e-gambling regulator and see how it’s working towards making online gambling in Sweden more reliable, secure, and enjoyable.
Like igaming regulators in other countries, the Swedish Gambling Authority - Spelinspektionen in Swedish - is engaged in monitoring and supervising e-gambling and lottery services which are provided in Sweden. The Swedish Gambling Authority has a home in Strängnäs, Sweden. The agency has a staff of 60+ highly competent employees that are qualified in various fields of expertise, such as law, psychology, economics, etc.
The Swedish Gambling Authority reports to the Ministry of Finance. The Authority has a Board helmed by the Director General. Currently, the Board is headed by Camilla Rosenberg. The Board has a wide range of responsibilities, from issuing reports, to developing regulations and guidelines, to consulting license holders.
If a gambling operator is willing to offer money-based gambling services to Swedish customers, it’s required to obtain a license from Spelinspektionen. The Authority only grants licenses to experienced operators who have proven their ability to run a fair e-gambling business in compliance with Swedish gaming laws. By the way, in 2020, gaming operators licensed by the Swedish Gambling Authority accounted for nearly SEK 25,000 mln in profits.
In doing its work, the Swedish Gambling Authority is guided by the following tasks:
In 2019, Sweden passed a new Gambling Act that has brought a series of changes into the Swedish gambling legislation that were long overdue. The thing is although the Swedish government legalized e-gaming in the early 2000s, it failed to develop the appropriate legislation to regulate the igaming market. The 2019 Act corrected that situation.
The new regulation allowed a gambling operator to provide services in Sweden provided it has a Swedish gambling license and abides by the local legislation. Also, the Authority now had the right to greenlight or ban any gambling activity, whether it’s taking place online or offline. On top of that, the 2019 Act introduced clear steps towards restraining money laundering which is a deep-rooted problem across all gambling jurisdictions. The legislation has already proven to have a number of benefits. It increased the safety of the Swedish e-gambling market, drew more gamblers to legal casinos, and boosted profits generated by gambling operators.
The Swedish Gambling Authority is adhering to the principles of responsible gambling. The agency is taking serious steps to ensure that e-gambling is not only a fun and entertaining pastime but also a safe activity that adult gamblers can engage in without harming their health, bank account or social connections.
Let’s see how the Swedish Authority regulates gambling businesses and what restrictions it has in place.
It’s important to say that the Swedish Gambling Authority also employs inspectors whose responsibility is to visit land-based casinos, bingo halls, etc., throughout the country and make sure that the services provided by these businesses are fair and transparent. On top of that, the presence of at least one supervising inspector is required every time a lottery is drawn.