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Sweden
Address
Sweden Spelinspektionen
Finningevägen 54 B
Strängnäs
Sweden 645 23

Website

Email

Fax
+46 015 265 0180

General Information
+46 015 265 0100

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Sweden Jurisdiction News

ComeOn unveils Hajper in Sweden
The Cherry AB subsidiary announced the launch of a new exciting brand targeting the Swedish market. The brand Hajper follows on from Snabbare, which was launched in December 2017.

Mr Green and Gamingzone establish a joint venture for esports
The new partnership with Gamingzone Entertainment will create a new community for esports fans with a focus on entertainment, news and gaming possibilities.

Ninja Casino unveils major marketing strategy for Scandinavia
A series of 30-second TV spots will air across major TV channels in Sweden and Finland.

Oshi introduces new language options
In addition to English, the online casino is now offering versions of the site in both Russian and Swedish.

Quickspin appears in Deloitte Fast 50
The Swedish slots provider was listed among the top 50 technology companies in the country.

Northern Lights Casino introduces NRVNA
The casino has added NetEnt's outer space-themed slot and now accepts players from seven new countries.

SIS pens deal with Svensk Galopp
Swedish thoroughbred racing will be broadcast to the U.K. and Ireland for the first time.

Cherry AB intends to apply for listing on Nasdaq Stockholm
Cherry's shares have been traded since Sept. 12, 2006 on AktieTorget.

Interim report for Cherry AB
The company reports strong growth in online gaming in the second quarter and especially strong growth for its recently acquired subsidiary Yggdrasil.

Cherry AB releases interim report
CEO Fredrik Burvall discusses Cherry's growth, awards and acquisitions for the quarter.

Sweden

After opening applications for online gambling licenses in early August 2018, Lotteriinspektionen, Sweden's gaming regulator, received more than 60 applications from online casino and sports betting operators.

Online gaming is permitted in Sweden under the control of the Swedish state and its agencies. Svenska Spel and ATG (AB Trav och Galopp, the Swedish Racing Totalizator Board) until recently held a monopoly over the online gaming market. They are authorized to offer lotteries, casino games, bingo, poker, and sports and horse wagering via the internet and mobile devices. Foreign operators are prohibited from offering their services in the country without a license.

Many foreign operators, despite the prohibition, accept play from Swedish players and have been doing robust business in Sweden for years.

In April 2011, Sweden's Supreme Court ruled that the game of Texas Hold'em could be a game of skill or a game of chance, depending on the format of the game. The court upheld the view that skill is required in tournament poker. The ruling has raised questions about the taxation of poker winnings. When played outside the European Union or European Economic Area, poker winnings are taxed at 30%. With remote gaming available in Alderney and Isle of Man (considered non-EEA), the winnings are tax-free. Winnings from poker, when the game is considered to be a game of skill, fall under "professional" income under Swedish law and can be taxed as personal income up to 50%.

The Swedish government has announced it is working on legislation to regulate and license online gambling and liberalize Sweden's online gaming market. The government hoped to implement liberalization legislation in 2014.

In October 2014, the European Commission sued Sweden over its online gaming monopolies, claiming the monopolies breached EU law on the free movement of services. The Swedish government asserted it intended to speed up work that would eventually lead to licensing outside operators. But in February 2015, Sweden's Minister for Public Administration said Sweden wouldn't open the market to foreign operators until the country has a budget that allowed it to do so.

In 2018, the Swedish parliament officially adopted a bill to introduce an online-gambling licensing regime beginning 1 January 2019. Any company seeking to operate in Sweden’s gambling market now has to have an authorized license, and operators promoting gambling without one will be "criminalized."

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Sweden
Address
Sweden Spelinspektionen
Finningevägen 54 B
Strängnäs
Sweden 645 23

Website

Email

Fax
+46 015 265 0180

General Information
+46 015 265 0100

View All Gaming Jurisdictions
 
Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW!

Sweden Jurisdiction News

ComeOn unveils Hajper in Sweden
The Cherry AB subsidiary announced the launch of a new exciting brand targeting the Swedish market. The brand Hajper follows on from Snabbare, which was launched in December 2017.

Mr Green and Gamingzone establish a joint venture for esports
The new partnership with Gamingzone Entertainment will create a new community for esports fans with a focus on entertainment, news and gaming possibilities.

Ninja Casino unveils major marketing strategy for Scandinavia
A series of 30-second TV spots will air across major TV channels in Sweden and Finland.

Oshi introduces new language options
In addition to English, the online casino is now offering versions of the site in both Russian and Swedish.

Quickspin appears in Deloitte Fast 50
The Swedish slots provider was listed among the top 50 technology companies in the country.

Northern Lights Casino introduces NRVNA
The casino has added NetEnt's outer space-themed slot and now accepts players from seven new countries.

SIS pens deal with Svensk Galopp
Swedish thoroughbred racing will be broadcast to the U.K. and Ireland for the first time.

Cherry AB intends to apply for listing on Nasdaq Stockholm
Cherry's shares have been traded since Sept. 12, 2006 on AktieTorget.

Interim report for Cherry AB
The company reports strong growth in online gaming in the second quarter and especially strong growth for its recently acquired subsidiary Yggdrasil.

Cherry AB releases interim report
CEO Fredrik Burvall discusses Cherry's growth, awards and acquisitions for the quarter.

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