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Gambling Companies in Sweden

The Swedish government is currently in a state of change in regards to online casino gambling and all other forms of gaming activities in the country. Now that the European Commission is enforcing the free trade and services among EU countries, Sweden is one of the countries facing legal actions from the Commission if it does not comply. Given this unsteady climate surrounding the online casinos in the EU, the Swedish government has announced a renewed look into the current gaming activities already operating on Swedish soil – and they are specifically looking for any companies that may be operating without a Swedish gaming license.

Currently, the Swedish Gaming Board, which oversees both the online casinos and the land-based gambling activities, announced that it plans to investigate the gaming companies that may be in violation of Swedish legislation. 24h Poker is currently under investigation by the Board and has been asked to turn over pertinent information such as information on the company’s employees, job descriptions, the company’s trademark, and other specific areas. The future investigations will include companies related to online casino and land-based gaming.

Hakan Hallstedt is the Chief Legal Advisor at the Swedish Gaming Board and he commented that the Board is expecting that many of the companies that are using Sweden as base operations for employees are operating illegally, without licenses, and thus could face heavy fines and possible jail-time for those involved in the illegal online casino and land-based gaming related activities. Hallstedt says, "Many gaming companies are listed in Sweden and have their employees here. None of them are permitted to work with gaming related tasks in Sweden, as this is illegal, yet most of their revenue comes from gaming."

This sounds like another country, the U.S. which has also sent a governmental agency to investigate companies in possible violation of the online casinos and gambling ban.







 

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