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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

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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.

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Gambling News :

Pokerstars Bahamas Main and High Roller Results - The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.

Rodrigo Duterte has identified illegal gambling as his third priority - Illegal online gambling operators can anticipate tougher times in the Philippines following a directive from President Rodrigo Duterte that stamping out illegal gambling is his third most important goal after illegal drugs and government corruption.

High Hopes For Pennsylvania Online Gambling - Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.

WILLIAM HILL ACCUSED OF QUESTIONABLE MARKETING TACTICS - British Labour member of parliament for Swansea East, Carolyn Harris, has described as "appalling" player-poaching techniques allegedly encouraged by the online and land bookmaker William Hill plc.

GoWild has announced the launch of its own new gaming platform - The European online gambling group GoWild has announced the launch of its own new gaming platform, providing entertainment in addition to its Microgaming games, which will now be delivered via the Quickfire platform.

UK Government Introduces Mandatory horseracing levy - The levy kicks in after the first GBP 500,000 in gross revenue has been earned by online and retail bookmaking firms and other betting organizations.

Chinese Arrested in Philippines Invalid - Representing the thirty-nine plaintiffs, defense lawyer Irene Bianca B. Distura claimed that the warrant that led to her clients’ apprehension is “invalid.”

NJ Warns No Federal Online Gambling Ban - New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.

Casino du Liban To Launch new online gambling platform - The venture will be in partnership with an unnamed international company, and a tender has already been launched with a deadline of January 19 to submit the proposals.

Winstar slot Pays Big Jackpot - One very fortunate online punter in Bermuda has scored a major win on the Winstar slot at the PokerStars online casino, collecting a $825,037 jackpot.

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