New Gambling Options Available for Those in Sweden
Posted: May 9, 2010
Updated: October 4, 2017
Way up north in Sweden, the gambling industry runs in a manner that sticks out like a sore thumb among many of
Way up north in Sweden, the gambling industry runs in a manner that sticks out like a sore thumb among many of its neighbors and countries that belong to the European Union. This is largely due to the fact that the nation is really friendly towards gambling yet regulates the industry through a very strict monopoly.
Back in 1997, two massive lottery companies, Tipstjanst and Svenska Penninglotteriet, merged to form a single company, Svenska Spel. Swedish gambling law changed a bit and at this point almost all forms of gambling are legally monopolized and run including casinos, game machines, sports betting, poker games, and lotteries.
For those who wish to outdo the monopoly for some reason or other, there is, indeed, a way. The government frown’s upon the practice being that, as one can imagine, they rather like the steady stream of revenue that comes pumping out of the monopolies. However, if players would like to do so, the can play at online casinos in Sweden.
Online casinos are the main choice for internet gambling in Sweden and are accessible due to the fact that the countries in which the gambling institutions are actually based consider online gambling legal and fall far outside the jurisdiction of the Swedish government.
Svenska Spel currently offers basically all forms of gambling to those who wish to do so online, but rumor has it that the government may be considering breaking the company up and opening their doors to foreign customers. You can bet that Svenska Spel won’t give up its rights without a fight!