Gambling companies outside Sweden offer betting without a break
Until 31 December 2018, Svenska Spel had a monopoly on gaming operations in Sweden. The idea of the gaming monopoly was that the state would take responsibility for a risky market and ensure that it was safe and controlled. It was thought that the restriction to gambling would protect individuals from uncontrolled gambling that could lead to indebtedness and gambling addiction. In addition, the state wanted the surplus of the money earned at stake to go to charitable causes that create benefits for society.
In connection with the launch of online betting and games around 1997, Swedish players have been able to bet money at other than Svenska Spel. The Internet opened up the market for gaming companies registered in, for example, Malta and Curaçao, which through advertising and marketing are aimed at players in Sweden. This meant, among other things, that the Swedish state lost a lot of tax money. Do not limit yourself to companies with a license, when the real favorable conditions for the game can be found by going to the site https://bastaspelbolagutanlicens.com/betting-med-swish/.
The state has also not had any opportunity to control the gaming companies, something that has changed now that the Swedish gaming law has been updated. Only six months after the gaming license was introduced, the gaming authority has already issued some warnings and even revoked the license for a gaming company (SafeEnt Ltd.). It is safe to say that the Swedish Gaming Inspectorate is serious about its strict rules and does not leave room for any mistakes on the part of the gaming companies.
What is a gaming company with a Swedish license?
In Sweden, we have long been spoiled by having a large selection of online betting sites to play on. However, supply has been limited somewhat since the market was re-regulated. Even though many of the major players and game providers are actually Swedish, Swedish players are currently missing out on many good gaming experiences from international companies.
In order for an online gaming company or another gaming player to be allowed to market themselves in Sweden, it is required that they have a Swedish gaming license. The gaming license is issued by the authority Spelinspektionen and includes several new criteria and approaches that the gaming company must meet.
In order for a gaming company with a Swedish license to be allowed to market itself in Sweden, they must, among other things, meet a number of criteria, for example:
- The page is in Swedish and the currency is in SEK.
- Swedish-speaking customer support.
- Bonus offers and conditions are adapted to Swedish legislation.
- Support for Swedish payment solutions including connection to PCI, Payment Card Industry, which is an organization started by e.g. VISA and MasterCard. PCI places high demands on banks, which in turn place high demands on online betting sites. You simply have to follow their requirements for security, privacy and functionality.
- That you follow Swedish legislation regarding the processing of personal data.
Betting sites that do not have a Swedish license have chosen to remove the possibility of playing with Swedish kronor. Although the gaming company has previously had a Swedish translation of the site, most have now removed it. This allows you to keep up with English, and this generally also applies when it comes to customer service.