Sweden's gaming license for casinos - this is how it works
Gambling license for On January 1, 2019, the Swedish Gaming Authority came up with a new gaming law to more easily regulate the Swedish gaming market. The law meant that, among other things, online casino companies must apply for a Swedish gaming license in order to target Swedish players. This means that there are a lot of rules and laws that the casino companies need to follow, and if they don't follow the rules, they can lose their gaming license. If you are looking for a reliable casino in Sweden, I suggest you go to the site https://casino-utan-svensk-licens.info/bonus-utan-insattning/ where the best Swedish casinos.
As a player, it is not illegal to play in casinos without a Swedish gaming license.
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Responsible gambling
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Tax-free profits
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Checked bonuses
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Moderate advertising
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Registration for all players
Responsible gaming and registration
One of the requirements that comes with the Swedish gambling license is that the casino companies must help their players to gamble responsibly. It must be a requirement that players set limits for both deposits and losses per day, week and month. The casino must also have its own system where the players themselves can put their gambling on pause. In addition, the casino must be connected to the national suspension system Spelpaus. On the website, there must also be clear logos for Game Pause, Self Test and Game Limits that the players can click on to get to the websites.
The gaming license also requires that all players need to register on the casino's website and create an account. This means that all players need to verify their identity before they can start playing at the casino. BankID is today an approved e-identification and is used by many casinos to get a quick registration process. Casinos that do not have a BankID can either use other approved e-identifications or request that the players register with a social security number where they can later submit documents that prove their identity.
Verified bonuses and advertising
Another difference that came with the new gaming license was the rules around bonuses and loyalty programs. Casinos that want to apply for the Swedish gaming license may not offer their players loyalty or VIP programs. It is also not permitted to offer players multiple or recurring bonuses. The only bonus allowed is the welcome bonus and it is only accepted to receive one welcome bonus per player. The casino can offer its players several options to choose from on the bonus, but only one of those options may be awarded.
The game license also sets requirements and rules on how marketing and advertising must be handled. Advertising from casinos must be moderate and not directed at children or persons under the age of 18. This means, among other things, that events such as children's sports may not show advertising for games for money. It is also not permitted to direct the advertisement to a person who has actively suspended himself or has been suspended from gambling via Spelpaus or the casino's own suspension system. In Sweden, only casino companies with a Swedish gaming license are allowed to advertise.
Tax-free profits and measures at
When you play at a casino that has a Swedish gaming license, your potential winnings are tax-free. This applies both to casino games and odds of various kinds. The gambling companies pay 18% tax on the surplus, which means that the players are not liable for tax. This means that the profits for the casino companies are reduced, which, however, has no effect on the players. This rule about tax-free winnings already existed before the new gambling law came in, but it is still a great advantage for the players and thus important to address.
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