Betsson's Live Betting Brings in the Krona

Swedish online gaming operator, Betsson, reported a massive 22% rise in their revenue compared to the same period last year.

Betsson sportsbook had a strong performance, in particular with its live betting, which leapt up a staggering 278%, compared to the same period last year.

Betssons Online Casino

Betsson are quoted on the Swedish Stock Exchange and run a comprehensive online casino that includes table games, online slots, video poker, casino games plus side games galore. Their live casino has Blackjack, Roulette and Baccarat.

Betsson online casino is available in a downloadable version or in instant play. Once you are joined up you can enjoy free play or play for real; making this online casino great for newbies and pros alike.

Online Gambling in Sweden

This Swedish operator may be making a name for itself across the globe but how does it fare back at home? Contrary to its international success, Betsson are barred from providing an online sportsbook in Sweden as they are not a licensed provider.

Sweden's land-based casino market (which allows for only 6 casinos) is controlled by a state monopoly known as Svenska Spel. This company also unofficially controls online gambling in Sweden but the laws are currently unclear in this area.

Svneska Spel offers Swedish gamblers online bingo, poker, sports betting and a lottery but as yet has no online casino. However, that doesn't prevent hoards of Swedish online gambling fans from using international online gambling sites, some of whom have Swedish language versions or offer the Swedish Krona as a currency option.

The Future of Online Gambling in Sweden

Swedish online gambling is currently in a state of flux. The future of Svenska Spel is currently being considered and Sweden's new government is contemplating a change in Swedish gambling laws. They may revamp the outdated monopoly system and replace it with a regulated market that allows foreign operators to enter their local market.

If the Swedish gambling laws change then Betsson will likely be first in line to get a license and can't wait to enjoy some local online gambling action.