Most people are not aware that Judi online is legal in Sweden for people eighteen years old and above. It has a formidable gambling industry, both land-based and online. Players enjoy slots, Blackjack, roulette, baccarat, and a lot more. The Sweden Gambling Commission ensures Swedish casinos are safe and secure.
The state has been monopolizing legal gambling for a long time. The European Commission pressured Swedish lawmakers because of this. They started to legislate laws to open the gambling market.
Brief history
The state of Sweden monopolized gambling in the country from 1934 until late 2018. It handled the regulation of all activities of players and operators. The European Commission made the Swedish state open its gaming industry. It resulted in the birth of a regulatory body, the Swedish Gambling Authority. A new law empowered the competent body to start accepting licenses. The transformation encouraged more private participation.
Land-based casinos
There are four mainland casinos in Sweden. People call these casinos Casino Cosmopol. They are in Gothenburg, Sundsvall, Malmo, and Stockholm. These casinos offer traditional casino games such as baccarat, poker, roulette, and more. Only players twenty years old and above can play in these casinos. These casinos are all owned by Svenska Spel.
The Swedish Government owns and operates Svenska Spel. 50% of the gambling industry in Sweden is Svenska Spel. It has plenty of brands under its umbrella. These include bingo, online casinos, lottos, poker, and a lot more. The most popular scratch game, Triss, is also run by Svenska Spel. Profits made by this competent entity all go to the national treasury of the country.
Casino games
Casino gambling operations in Sweden have two legal categories. These are international casinos and restaurant casinos.
International casinos
These are on the territory of the country. They are under the monitoring and control of the Casino Act. These casinos operate under international casino rules featuring higher stakes and larger prizes. They have licenses issued by the Swedish Government. There are about four international casinos in the country.
Restaurant casinos
These are casinos offering dice, card games, and roulette as part of public amusements. The Lotteries Act regulates these casinos. A license is mandatory for running a restaurant casino. The Swedish Gaming Board issues the said license. There are about six hundred restaurant casinos in the country.
There are two major legal instruments governing gambling activities in Sweden. These are the Lotteries Act from 1994 and the Casinos Act from 1999. They ensure that gambling operations are under Swedish control.
