Casino License in Sweden – What You Need to Know
We will tell you more about casino licenses in Sweden and how the gambling market works in this article. Sweden is a country that is probably known for its numerous authorities whose task is to ensure that society functions smoothly and painlessly. We are a country where permits and various forms of certificates or similar can be required for the smallest activity.
Whether this is a good thing or a bad thing is up to you, but we decided to write a little about how Swedish casinos get licenses and how the Swedish gambling market works in general.
Casino Licensing Authority in Sweden
In Sweden, the authority that is tasked with ensuring the Swedish gambling market is called the Swedish Gambling Authority. The job of this authority is to ensure that the Swedish market is legal, safe and secure, and to issue licenses for casinos in Sweden.
Their work and efforts are to ensure that consumers and customers have the necessary tools to be able to play fairly, experience a balanced and transparent gaming market, and reduce the potential harm that gambling can cause to a person's social or economic life. Read about online casinos and football stadiums in this post - https://www.paceup.se/adrenalinhojdpunkter-online-casinon-och-fotbollsstadion-i-samma-anda/.
Number of licensed casinos in Sweden
In Sweden, there are currently around 70 online casinos, 25 land-based and commercial casinos, as well as several games in the form of ship games, games for public purposes and state games that have a casino license in Sweden.
This can be seen as a stamp that a casino must offer its customers a safe, reliable and good experience with this certification. But with that said, we would also like to point out that many international casinos do not have a Swedish gambling license, but you can still play at them.
But what types of casino licenses are there in Sweden? What are the licenses issued by the Swedish Gambling Authority? We found that there are six different licenses that a business can obtain.
These are worth following if you want to learn a little about how the Swedish casino market works with all its laws and regulations, and these licenses are listed below.
Also check out: All about Game Break
State Gambling
State Gambling is a form of license that can only be granted to a limited liability company that is directly or indirectly owned by the Swedish state.
This casino license in Sweden is granted to be able to provide casino games in a physical location.casinos, play slot machines and some types of lotteries, and only Svenska Spel can obtain a license of this type, and it applies to games and companies owned by Svenska Spel, such as Casino Cosmopol, Vegas slot machines and some lotteries such as scratch cards.
Games for the public benefit
This type of casino license in Sweden is only granted to non-profit associations, such as sports clubs or registered religious communities, whose profits or money go to so-called public benefit purposes.
This could be, for example, that you buy a ticket for your local boys' football team and thus financially support their activities by purchasing a ticket. Or you can play a nice game of bingo at your local church with coffee and cake.
Commercial Online Gaming
This casino license in Sweden is a license that anyone can apply for, and this is exactly the license that our Swedish online casinos have. All sites that provide online casinos, online bingo or online slots can obtain this license. But are there any sites that you can play on from Sweden without this license?
Of course there are, and these sites are not worse just because they do not have a Swedish gaming license. The reason why some international online casinos do not decide to obtain a Swedish gaming license is that it is very expensive to obtain. You can find the best casinos without a Swedish license here.
Betting
Betting is a type of license that can include online betting or other types of betting, such as betting on the outcome of sporting events. Examples of betting are when you place bets on sports games, i.e. which team will win or in which match the most goals will be scored. Bets where the winnings are based on the probability of this happening, or bets on horses such as gallops or trots.
Casino License in Sweden for Land-Based Commercial Gaming
This license can be applied for by anyone and allows you to conduct activities that include casino games that are not regulated. Games in the form of slot machines and card game tournaments are also permitted under this license under certain conditions. Examples of games are slot machines that pay out prizes in the form of merchandise, casinos in restaurants or similar, or poker tournaments.