Sweden presents its new licensing process

The government of Sweden has published the new licensing application forms for gaming operators.

Sweden.- International operators are now able to learn about the new Swedish licencing process as the government has published the updated licensing application forms. Earlier this year, Sweden’s gambling regulator, Lotteriinspektionen, announced a change in current regulations regarding a new licensing framework that will start on January 1st, 2019.

Last Tuesday, Lotteriinspektionen published the updated applications for gaming licences that will take effect starting next August 1. 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.