Swedish parliament considers lowering gambling tax
The Swedish parliament, the Riksdagen, will soon discuss an important question: should gambling tax be lowered? The idea comes from Carl Nordblom, a politician from the Moderate Party.
The Swedish parliament, the Riksdagen, will soon discuss an important question: should gambling tax be lowered? The idea comes from Carl Nordblom, a politician from the Moderate Party.
Svenska Spel, the major player in the field of gambling in Sweden, has launched something new: the My Match campaign.
Betway, one of the most recognizable names in the gambling world, has announced that it will cease all its operations in Sweden as of October 1, 2024.
Online gambling is booming in Sweden. The market saw a significant growth of 6.4% in the second quarter of 2024. This means that total revenue for licensed gambling companies amounted to 6.9 billion Swedish kronor which is approximately 602.5 million euros.
Swedish gambling giant Svenska Spel has been fined 2 million Swedish kronor (around €148,000) by gambling regulator Spelinspektionen.
Swedish state gambling company Svenska Spel is facing headwinds. Turnover and profit in the first half of the year have fallen.
The Swedish Gaming Authority, Spelinspektionen has started an investigation into online casino operator Kanon Gaming Limited.
The Swedish government has decided to increase the gambling tax from 18% to 22% from July 1, 2024. Lawmakers hope to make more money this way.
Spelinspektionen wants to ban Zimpler from collaborating with illegal providers.