Law on sports betting in Sweden
Under existing law, in Sweden, any activity related to gambling, casinos and sports betting in Sweden is under state control in the form of a monopoly. However, the situation is changing, as the European Commission has put a lot of pressure on Sweden to open its market and allow fair competition between operators. But despite the current situation, there are many international operators accepting players from the Nordic country. Fortunately, local law does not outlaw the placement of bets, or entertainment in other forms on these online operators.
Latest news on sports betting in Sweden
The biggest concern that gamblers and gambling enthusiasts in Sweden have is undoubtedly the opening up of the market. Clashes between the local government and the European Union have always been present, and Sweden has often promised to make changes.
However, the concrete steps have been very small. This has forced European organizations to threaten the Nordic state with sanctions if it fails again to establish a fairer organization in the online gambling and betting market. With recent developments, it seems a matter of time before Sweden takes major steps towards market liberalization. This is expected to happen not only because of pressure from the EU, but also because of the internal situation.
As offshore operators operate freely in the country, this has done a lot of damage to the monopolist Svenska Spel. Not only does the monopoly fail to be sufficiently competitive in the market, but the local government cannot benefit financially from the activities of offshore companies because they are not registered in Sweden. So registering other operators within the country seems to be the logical solution that will satisfy all parties, the Swedish state, the EU and of course the players.
What are the options for players?
In terms of legitimate domestic options, the only alternative for players is Svenska Spel. This company represents the state monopoly and offers a variety of games for Swedish citizens. Among which:
- National lottery
- Scratch Cards
- Dice games
- Card games etc.
But of course, players in Sweden are not limited to these options. though Svenska Spel has the advantage of a monopoly in the Nordic state, there are plenty of reasons why players often times choose foreign operators. For example, poker offered by the state monopoly is limited to locals. For this reason, players in Sweden prefer to play poker on the sites of offshore companies, where they can find other players, better chances and rewards, as well as more options to play.
What is the minimum age to play gambling in Sweden?
In terms of sports betting and online casinos, the minimum age to try your luck is 18 years old. However, this age varies when it comes to physical casinos. Every Swedish citizen who enters a traditional casino must be at least 20 years old and registered. For every other game the age is 18 years old.
What are the best sports betting apps and sites in Sweden?
When it comes to online sports betting in Sweden, the best options for Swedish players can be found on sites that hold a local license but also offshore ones. The most valued operators with the best benefits for customers are:
What are the best online casinos in Sweden?
If you are looking for online casinos, in Sweden you can access the sites of some of the world's leading casino and gambling giants. Some of the following casinos also give you the opportunity to deposit money in local currency.
Terms for operators
In the case of the Swedish state it does not make much sense to talk about operators, as only 1, Svenska Spel, is legal. However, there are a number of rules and laws that regulate the situation in the country and pave the way for the activity of gambling entities.
In the Nordic country, the main body responsible for these tasks is the Swedish Gambling Authority. This body is also the place where various entities can be directed to start applying for a license, to operate in the field of gambling in the country.
This is a difficult process for foreign operators, but for those who want to operate under the name Svenska Spel things are easier. There are, however, some basic restrictions that apply to anyone who will apply for a license. According to history, and data from the Swedish Gambling Authority, approval is not granted to persons who:
- They are under 18 years old
- Have declared bankruptcy in the past
- They have criminal records
- They have no legal capacity
However, these are only general conditions, and for the approval of a license, the conditions are much more specific. Furthermore, the responsible authority may request additional information, or impose other conditions on a particular applicant. All this is based on the individual analysis that is done to each license application.
The minimum age to enter the casino is 20 years old. For all other games as well as online activities (including online casinos), the minimum age is 18 years.
Yes! In addition to the Svenska Spel casinos, many world-renowned names operate in the Nordic country
Jo! Swedish law does not provide for penalties for players who choose to play in online casinos and offshore platforms.