Reading Time: 1 minute
Sweden’s gambling regulator, Lotteriinspektionen, has published the newly created application forms to obtain gaming operator license in the country on the Swedish government will bring into effect a new licensing frame work for gaming operators from January 1, 2019.
Licensed operators and new companies interested in being part of the regulated Swedish market will be obligated to present the updated licensing applications next month. Lotteriinspektionen could include further regulations and guidelines by July 24th.
Sweden’s legislative sector has created a gambling bill that is set to renew the regulations in the country by opening the online sector to international operators. The bill also establishes changes to the regulator’s function to supervise and set fees, as well as changes to international cooperation and new measures to enforce responsible gaming.
The parliament approved the bill earlier this month by 282-19, and the government decided to study how the market’s liberalisation will impact on existing local betting monopolies Svenska Spel and ATG.
Source: European Gaming Industry News