Sweden to impose deposit limits
Swedish government puts forward plans to introduce mandatory weekly deposit limits of €459.
Sweden.- The Minister for Health and Social Affairs, Ardalan Shekarabi, has proposed a mandatory weekly deposit limited of SEK5,000 (€459) and a SEK100 (€9) cap on bonus offers from 1 June until the end of 2020.
The proposed limit forms part of as part measures being taken by the Government to protect gamblers during the Coronavirus pandemic.
Shekarabi also said mandatory limits on playing time will be introduced. The restrictions will also apply to video lottery terminals (VLTs).
The proposal will undergo a referral process, which ends on May 7 and will allow stakeholders to provide input, before coming into law.
Concerns on whether the measures will push players to people to illegal, off-shore operators have already been voiced.
In addition, Sweden’s gaming authority (Spelinspektionen) will produce monthly reports until September 1 on recent developments, enforcement measures against unlicensed gambling sites and measures taken to strengthen consumer protection.