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SWEDEN: OPEN SPORTSBETTING MARKET SOON
The days of state-monopolised online sportsbetting in Sweden could be numbered, according to reports in the Swedish media this week which indicate that a commission of enquiry will propose a licensing system open to foreign companies by the end of the year.
Thought to be prompted by increasing pressure to liberalise its gaming market from the European Commission, and the threat of being taken before the European Court of Justice, Sweden recently appointed a commission of enquiry on gambling [Spelutredningen] which confirmed this week that it is to propose to government that a regulatory and
licensing syustem open to foreign companies should be introduced.
The proposal will cover only sportsbetting, as the commission believes that casino and slot games present more risk of problem gambling, while no decision had yet been taken regarding online poker and other gaming products.
Peter Alling, one of the secretaries of the inquiry commission, commented: “Sports betting licensing will be proposed to the government and gaming (poker and other games) remains open to further investigation. We haven’t decided on what the tax rate will be - whether it will be on total turnover or on gross gaming revenues.”
Alling added that the commission’s duty was to find a system that allowed operators to work in a well-balanced environment. “The task given to the inquiry is to create a legislation that will stand in the long run, but of course, with the constantly-changing system, such a consistent system must have a built-in flexibility. So there will be a system, but it will have the possibility to change should it need to,” he said.
Praising the cooperative attitude of private gambling operators with whom the commission has liaised, Alling said he was confident the commission would come up with a proposal that would work for all parties. “They [private operators] have been very collaborative, we have met many of them over the past year and they have been very helpful in setting out their vision for the future of the market and what their needs are. We have learnt a great deal from them and the input has been very constructive on both sides,” he said.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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