Lamenting a “troubling” Swedish market, the online gambling operator also acknowledged that it expects to receive nationwide licences in Germany once they are available. The country, which is expected to implement its new licensing system during 2021’s Q2, generated approximately 17 per cent of the group’s total revenue during the third. Casumo 20,000 kr Welcome Bonus 30x 183 days 5.00 ★ out of 5 casumo.com 2. Bethard 2000 kr + 250 Free Spins 20x (Deposit + Bonus) 60 days 4.95 ★ out of 5 bethard.com 3. The casinos listed, are licensed by the Swedish Gambling Commission and provide services in Swedish. Knowing that you can play online in your native language is always a plus. Support Services can be provided in Swedish and the Casino website is also in Swedish!
The government’s memorandum sets out plans to extend the controls in order to help protect players during the novel coronavirus (Covid-19) crisis, with positive cases continuing to rise in the country.
Temporary controls were imposed from 2 July and were due to run until the end of the year, with Swedish players facing a range restrictions such as a SEK5,000 (£439.20/€490.00/$580.30) weekly deposit limit.
Other measures include users having to set limits on playing time when playing online casino games or slot machines, while all igaming bonuses are currently limited to SEK100.
Despite the government saying this would further reduce the risks for vulnerable consumers, the BOS has criticised the proposals, noting how the measures were originally introduced of an expected spike in online casino gambling during the Covid-19 pandemic, something it said did not occur.
“Online casinos stood still, and sports betting decreased dramatically due to cancelled matches; instead, it was games on horses that increased dramatically,” BOS secretary general Gustaf Hoffstedt said.
“This was known to all players in the gaming market, such as (Swedish regulator) Spelinspektionen, us and the government, but unfortunately the government persisted in the erroneous claim that online casinos would have increased and special restrictions were therefore called for that form of gaming.”
BOS, which has been opposed to the measures since they were first proposed in April, said the consequences of extending such restrictions would have two major, negative impacts.
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First, high-volume players would move between different operators to avoid the deposit limit measure, which would make it difficult for operators to monitor the player’s behaviour.
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Secondly, BOS said the restrictions could force players to offshore operators that do not hold a licence in Sweden and would therefore not be required to follow the Covid-19 measures.
“Even before the first restrictions were introduced this summer, the leakage from the Swedish licensing system was 25% for online casinos,” Hoffstedt said.
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What the leak is today and what will happen to the extended restriction is a scary thought.
“The government throws Swedish gaming consumers out of the licensing system and into a market where consumer protection is zero.”