A major change in casino legislation in 2023

In 2023, it has become particularly important to have a gaming license when playing at an online casino. In this article, we explain, among other things, how it comes about, and how the Swedish gaming license is designed.

This is how the Swedish gaming license for casinos works

The Swedish gambling license for online casinos, which in turn is regulated by the Spelinspektionen, has changed several times. The most recent change took place on January 1, 2023, when it became prohibited to actively market gaming websites without a Swedish license. That change was not only news in Stockholm, where Casino Cosmopol is located, but in the whole of Sweden, which now has to adapt to the new legislation.Nevertheless, most Swedes prefer to play in casinos without restrictions - as for example on the site https://svenskaspelautomater360.com.

This means that casinos with a Swedish license will likely get more customers in Sweden than before at the expense of casinos without a Swedish license. At the same time, it is worth knowing that you can still play at casinos without a Swedish license, but the actual marketing of those sites has thus become more regulated.

Provisions that already exist

The regulations that are already in the Swedish casino legislation include, among other things, that:

  • All players must be verified. Usually, the verification takes place using the Bank ID.
  • You only get one bonus per person at one and the same betting company.
  • You must be given at least 60 days to fulfill the bonus requirements set by the betting company.
  • You should not be able to play on credit.
  • You must be able to turn yourself off using the Spelpaus service.
  • You must be able to budget for your gambling, and this with the help of, among other things, loss and deposit limits.
  • You should be able to see your own win and loss history on the casino platform.
  • The gambling company must market its casino in a moderate way, and they must therefore not encourage increased gambling in their advertising efforts.

Advantages and disadvantages of a Swedish gaming license

Benefits

  • You do not have to pay taxes on your winnings.
  • Sweden receives greater tax revenue. This is because the gambling company taxes in Sweden and not some tax haven.
  • The casino must meet strict security requirements.
  • Mandatory cooperation with self-exclusion services such as Spelpaus likely leads to reduced gambling addiction.

Disadvantages

  • Worse bonus conditions compared to online casinos outside Sweden.
  • No VIP programs.

This means the game license for you as a player

Swedish casino legislation is one of Europe's toughest. This has meant that Swedish casino players can play in a safer and more secure way.

Thanks to the requirements set by the Swedish Gaming Authority, which include bonus requirements, moderation in marketing and mandatory budgeting functions, the Swedish online casino industry will likely improve in the long term.

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