Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Changes Afoot

The Swedish online casino gambling situation has made headlines over the past week as a public commission issued a recommendation in its report that the authorities disband part of the current state-run monopoly, Svenske Spel, and allow foreign companies to compete in the state betting market. Svenske Spel has stood strong on its stance that the state-run monopoly was operating in the best interests of the Swedish gamblers. Other online casinos and the European Commission have essentially dismissed this claim as rubbish and it seems that the Swedish authorities may have their hands tied when it comes to defending the monopoly.

Online casino gambling industry rumors indicate that changes are on the way for the Swedish betting market. Although the rest of the internet gambling industry was chagrinned by the public commission’s suggestion that Svenske Spel retain a monopoly on online casino and internet poker gambling, it seems as though this could be the beginning of the end for the Swedish gambling market.

One of the sticking points of the public commission is that new online casino betting companies entering the market will have to comply with the existing regulations that are in place concerning land and internet sportsbetting. This means that those companies looking to offer services in Sweden will comply with the government’s existing regulatory framework or else be considered an illegally operating company.

Sadly for the online casinos though, this trend means that the Svenske Spel monopoly may stay in place for another unidentified period of time until the European Commission can convince the Swedish government that a more thorough overhaul of the system is needed as a way to comply with EU policies.