The Swedish government prepares to review the Gambling Act following Spelinspektionen's 2024 financial report. This move is a response to a long-standing request from the Swedish Online Gambling Industry Association, aiming to ensure a fair and secure gambling environment for consumers.
Overview of Gambling Performance in Sweden for 2024
Spelinspektionen's report revealed that licensed gaming companies in Sweden achieved a total turnover of SEK 27.8 billion in 2024, marking a 2.8% year-on-year increase. Commercial online gaming and betting were significant contributors, generating around SEK 18 billion. The fourth quarter of 2024 was notable with an 8% increase compared to the prior year.
Government’s Proposal to Combat Offshore Gambling
The Swedish government has proposed a review aimed at criminalizing offshore gambling to protect consumers. The BOS has expressed strong support for this initiative. A state investigator is expected to present proposals by September 17.
The Importance of Consumer Protection Measures
An important aspect of the review process is considering consumer protection measures successfully implemented in other countries. In Sweden, initiatives like Spelpaus.se play a vital role, and expanding these efforts could enhance consumer protection and support for individuals struggling with gambling addiction.
Sweden focuses on reviewing the Gambling Act to enhance consumer protection and combat offshore gambling, representing a crucial step towards maintaining a safe gaming environment.