Learn more about the upcoming changes in Swedish gambling regulations.

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Sweden will very soon open its online gambling market to foreign companies which will not only benefit foreign online casinos but the country of Sweden as well.  As of 1997, Sweden had two primary lotteries which merged to become AB Svenska Spel.  Today, this company as well as Trav och Galopp has a total monopoly over the gambling in Sweden and this includes game machines, casinos, lotteries, sports, poker games and betting. 

The state has a monopoly over every type of gambling in the country and this has caused the European Union and its constituents to criticize Sweden’s gambling regulations.  Outside gambling operators have tried to break into the Swedish gambling market but none have had any success.  Even though Svenka Spel is doing well, it seems as if the Swedish government is going to dissolve the monopoly and allow foreign companies into the gambling market. 

If the gambling market in Sweden is liberalized, there is no doubt that online gambling will become one of the most popular areas for foreign gambling operators.  While online gambling is completely legal in Sweden, Svenska Spel has a monopoly on all online casinos in Sweden.  With the liberalization of gambling, Svenska Spel would lose some control over the gambling market but many foreign companies would be allowed to offer services which would also generate income for the state.  The government of Sweden has expressed that it intends to continue to regulate the online gaming market in Sweden but it plans to create regulations and licensing requirements for foreign gambling operators.  Legislation that details these regulations is expected to be enacted in 2014. 

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