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Horse racing is distinguished as a separate kind of betting activity. The Lotteries Act, however, does not contain any specific regulation concerning horse racing, as well as licensing of such arrangements.
This type of betting is allowed by the Swedish Government under section 45 of the country's Lotteries Act. The only organization that is entitled with the right to arrange horse race betting is the Swedish Horse Racing Totalisator Board, which is also known under the abbreviation ATG.
Sports betting operations is officially separated from the rest of the betting activities under the definitions set in the Lotteries Act.
Just like the horse racing, there are no specific provisions that are related to establishing and legalization process of such arrangements.
The sports betting activities are proclaimed as legal by the country's Government in section 45 of the Lotteries Act. The state-owned Svenska Spel is the sole owner of the exclusive rights to organize such activities.
If liberalized by the country's Government, the online gambling market in Sweden is expected to turn into a great area of interest for outlanders.
The latter are attracted by the idea of setting foot at an industry where online gambling is fully legal.
In , the two major companies, Svenska Spel and Trav och Galopp were allowed by the Swedish Government to establish Internet gambling operations in the country.
The web-based gambling portal nowadays offers a great variety of games and activities, including poker and casino games, lottery, sports betting options, as well as bingo.
After for years expressing its intention to make the online gambling market in the country a regulated one, the Swedish government finally did so on January 1, It also revealed that it was to become more focused on the implementation and establishment of some rules concerning the procedure of licensing foreign operators on the territory of Sweden.
After opening up the online gambling market in Sweden in January , the market has changed quite a bit. The online gambling market in Sweden currently features a state-owned monopoly.
Still, the situation is slowly changing, due to the fact that the country has been put under the constant attacks of the European Commission.
All this made the Government consider a variety of possibilities, including the opening the country's gambling industry for foreign operators. As mentioned above, all forms of both land-based and web-based gambling are legal in Sweden up to date.
However, the management of such activities not only require special licensing, but is also run by the state-controlled Svenska Spel.
However, the state monopoly started cracking in , after the minority party of Christian Democtrats in the Swedish Government called for opening the overall gambling industry in the country for outlanders that would be interested in competing on the local market.
Actually, a number of political parties in Sweden have been focused on considering changes in current online gambling legislation.
In the beginning of October , the local authorities revealed their intentions of accelerating the new gambling legislation procedures.
The Government also announced that the new rules and regulations are planned to be put into force as soon as possible. Unfortunately, the implementation of the new rules was suspended in December due to several setbacks.
On This Page Gambling Industry Overview in Sweden The following approaches will be presented Overview Relevant Legislation and Legal Framework Top Rated Online Casinos for Sweden Casino Games Slot and other machine games Horse racing Sports betting Online Gambling Online Casinos that Welcome Players from Sweden Related News Sweden Mulls Extending Temporary Deposit, Bonus Limits through Mid The Swedish government is looking to extend the period of validity of temporary restrictions imposed on locally licensed gambling operators Poker played online has been soaring in prominence.
Online poker's popularity is clear from the fact that recently an online poker turbo championship was won by a Swedish gambler. With the growing number of smartphones and tablets, the interest in gambling has been increasing continuously, because Swedes can also enjoy mobile device gambling.
Gambling, both in brick and mortar venues and online, is legal in Sweden. But the operators conducting gambling activities must have special licensing.
In fact, the sole possessor of a license is Svenska Spel. That is a company owned by the state and active in bingo halls and on the Internet.
The current legislation which favors monopoly is not in correspondence with the competition rules which are abided by in the EU. On the other hand, the ruling by the European Court of Justice in favor of that legislation is based on the approval of the protection of gamblers from operators which would conduct illegal gaming opportunities.
In , the changes introduced in the Lotteries Act in the country enabled Svenska Spel to provide punters with a more comprehensive online market, and to include there poker, bingo, scratchcards.
Casino hames also mushroomed and increased greatly in popularity. The formal demand by the EU in asking Sweden and some other countries to open the gambling markets in those countries and thus enable the free movement of services did not meet with success.
The monopoly of Svenska Spel continued. Then in , part of the government expressed the intention to offer conditions for greater competitiveness in online gambling in Sweden, and offer licensing to international operators as well.
But the process is slow, and after the government stated in that it has no intention to cease protecting Svenska Spel's monopoly, it became clear that changes are not to be expected in the near future at least.
Meanwhile, Swedes are keen on availing themselves of gambling opportunities on foreign casino operators extending their games arrays online.
Among Swedish punters, EU based online casinos are highly popular. The popularity of EU based online casinos is due to the vast popularity of gambling in the country, with a plethora of punters ready to spend large amounts on that form of entertainment.
That is a market that yields a host of profits for online operators of EU based casino sites. So there is keen competition among those operators which compete for the attracting of more and more Swedes set on online gambling.
The reasons why Swedes are attracted to foreign online gambling sites based in EU. One reason for that is that Swedish is one of the languages players can use to play online games there.
The other reason is the regulation by EU jurisdictions, by the Malta Gaming Authority and by the UK Gambling Commission. Not least among the reasons attracting Swedes to foreign online casinos which are EU based is the acceptance of the Swedish Krona, which is yet another facility for punters based in Sweden.
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Is it legal to gamble in Sweden? How we rate Swedish online casinos? Licenses for Sweden casinos License is an unquestionable requirement for a betting site.
Games and software in Sweden casino Games is the most important thing for you when it comes to igambling, huh? Banking systems in Swedish casinos Financial related issues are those that need to be taken most seriously since every single gambler that plays for real money is interested in winning some money and being able to safely withdraw them onto a bank account.
Bonuses in Swedish online casinos Bonus is probably the best part of gambling except for actually winning money.
Tips to choose best Swedish online casino First and foremost, check our expert reviews of the casinos that you can see in the list.
Summary To sum up, in Sweden, gambling is legal, yet strongly monopolised by the state-owned institution Svenska Spel.
Because we are real gambling experts, so we can give you really useful pieces of advice regarding what you should pay attention to while choosing the best Swedish casino for you.
HOW DO I SELECT THE BEST SWEDISH CASINO FOR GAMBLING? Check all the criteria that we have listed and described above and follow our tips.
Yes, of course! All the Swedish casinos from the list on the top of this webpage are available in a mobile version, so you can play all your favorite games on the go.
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