EGBA: The Swedish gambling regulation could be in jeopardy

Sweden FlagThe European Gaming and Betting Association (EGBA) thinks Sweden’s online gambling regulations could be in jeopardy due to constant regulatory changes.

The European Gaming and Betting Association (EGBA) is concerned about the frequency and scope of regulatory changes jeopardize the overall regulation success. The Swedish gaming market survey proposes, among other things, additional restrictions for licensed online gaming, including a new customer risk classification (such as Online casino) and additional marketing restrictions.

EGBA is an organization to support well-regulated online gambling markets. They think the constant regulation changes in Sweden can create instability for licensed companies in Sweden. They claim the strict proposals mean there is a risk that players may turn to the black gaming market instead.

The Swedish proposals (include)

  • Loss limits on slot machines of 5,000 SEK / 500 EUR per year.
  • Risk classification for different types of games.
  • Advertising restrictions of various kinds.
  • Stricter sanctions against gaming companies that break the rules.