Sweden has long had a gambling monopoly, meaning only two operators could offer online sports betting. This restricted swedes to playing in licensed foreign casinos in malta or curacao. After an investigation by the swedish government, it was decided to abolish the monopoly and introduce a swedish license instead. Now the authority in sweden monitors casinos and betting companies.
A few rules from the swedish gambling authority
The introduction of the swedish license provided a better gaming environment for swedish players. Operators face stricter responsible gaming requirements when implementing more player-friendly bonus rules.
However, stricter restrictions also apply to swedish players. There is a limit of one bonus per player per license, which means repeat bonuses and vip programs are no longer allowed. The most significant advantage for players is the legal requirement of bankid, the swedish electronic identification. This means that no further registration is required and withdrawals are processed instantly as there is no need for document verification anymore.
Electronic identification is a requirement
There’s a lot to be said for a swedish casino license, and swedish players are probably very grateful that bankid is the only verification required. Previously, players had to fill out multiple forms to start playing. It was even more difficult when withdrawing from the contract, when it was necessary to submit various documents.
Today it looks different. Registration is instant, while withdrawals usually only take a few minutes. With payment services such as swish and trustly, swedish players can receive their winnings instantly in their bank accounts.
Better bonus conditions
The swedish license also means significantly better bonus conditions. The website of the swedish gambling authority contains information about the bonus rules implemented for swedish players. These favor players and some of the points covered by the license include:
- information about the terms and conditions of the bonus offer must be clearly stated when the offer is made and when used by the player.
- an individual player’s bonus may not be offered under different terms than those offered to other players playing the same game.
- the player must have at least 60 days to fulfill any conditions associated with the payment of the bonus.
- the bonus must be paid out as soon as possible after the conditions have been met.
However, it should be noted that only one bonus is allowed per player per license. A swedish player can only receive one bonus offer if the licensee operates several casinos within its network.
Responsible gaming is a priority
Responsible gaming is something that the swedish authority takes very seriously. There are therefore several rules that casinos and betting companies must follow. Three logos of different organizations must be seen. They include:
- spelpaus: players can exclude themselves from swedish casinos and bookmakers here. The exclusion cannot be revoked or terminated prematurely.
- självtest (gambling limits): all casinos must have tools where players can set gambling limits, loss limits and time limits.
- självtest (self-test): this tool is a quiz that allows you to test your gaming habits.
In addition, several organizations that help people with gambling addictions are also displayed in swedish casinos.
