Gambling in Sweden
Gambling in Sweden is monitored, regulated, supervised and licensed by the Swedish Gambling Authority. They ensure that all casinos, bingo halls, gaming machines and lotteries abide by the current legislation. 85% of Swedish nationals admit to partaking in gambling every year which is one of the highest percentages in the World. Online gambling became regulated in 2019. Svenska Spel operates all of the land-based casinos, run the lotteries and control online bingo and poker websites.
Online Casinos in Sweden
Online Casinos are popular among the Swedes and the majority accept players from Sweden, give the option to make deposits and withdrawals in Swedish Krona or Euros and have Swedish among the languages available. The new regulation has meant that online casino operators now need to pay taxes, have a responsible gaming policy and ensure that they clearly list all terms and conditions for bonuses and promotions.
Online Slots Sweden
A large number of game developers are based in or have offices in Sweden including NetEnt, Yggdrasil, Quickspin, Elk Studios, Stakelogic and Thunderkick. This gives Swedes a wide range of games to choose from, some of the most popular games are by NetEnt, Starburst, Gonzo´s Quest, Aloha! Cluster Pays, Twin Spin and Jack and the Beanstalk. Thunderstruck II by Microgaming is also played frequently as well as slots by Yggdrasil and Rival Gaming.
Online Casino Games in Sweden
Swedes enjoy playing online casino games, especially blackjack, roulette, sic bo and baccarat. There are many variations of these games that are available to play online and use Random Number Generators (RNG) to ensure the results are fair. The Swedish also like to play the versions of these games that use live dealers and are broadcast from a studio or land based casino. These games bring the players a real game playing experience no matter where they are playing from.
Casinos in Sweden
There are only 4 land based casinos in Sweden that opened between 2001 and 2003 in Sundsvall, Malmӧ, Gӧteborg and Stockholm. They are all named Casino Cosmopol, owned by Svenska Spel and are regulated by the Swedish Gambling Authority (Lotteriinspektionen) under the legislation of the Casino Act 1999. Players must be over 20 years of age to gain entry to these casinos. Swedes can also play video lottery games and slots in approximately 200 Restaurangkasinos which are restaurant casinos, bingo halls and pubs.
Gambling Laws in Sweden
All forms of gambling are legal, licensed and monitored by the Swedish Gambling Authority. The various laws that govern Gambling are the Gaming Machines Act of 1982, the Casino Act of 1999, the Lotteries Act of 1994, (which was amended in 2002) and the Online Gambling Regulation of 2019. The Swedish Gambling Authority are responsible for issuing licenses, regulating, monitoring and auditing casinos, lotteries, gaming machines and bingo halls throughout Sweden. The European Union (EU) and the European Commission closely monitor the situation in Sweden as they do not approve of the State Monopoly on the casinos, sports betting and lotteries which are run by AB Svenska Spel. Bingo is the only sector of the gambling market that is competitive.