SBC News Spelinspektionen ordered to review deposit limits & spend caps

Spelinspektionen ordered to review deposit limits & spend caps

Spelinspektionen, Sweden’s gambling inspectorate, has been issued its ordinance assignment to evaluate temporary online gambling safeguards imposed during the COVID-19 pandemic.

The assignment has been sanctioned by Ardalan Shekarabi, Minister for Social Security, as a condition of Sweden ending its temporary online casino restrictions on 14 November.

Since July 2020, Swedish licensed operators have been forced to impose a mandatory SEK 5,000 (€480) weekly deposit limit on online player accounts while restricting customer bonus incentives to SEK100 (€10).

Spelinspektionen has been ordered to undertake a review of how temporary safeguards impacted Swedish consumer engagement with online gambling operators during the COVID-19 pandemic.

The report will evaluate whether deposit limits and spend caps  should be applied to certain products under a new framework of safer gambling measures.

The assignment will be carried out in consultation with the Swedish Public Health Agency, The Swedish Consumer Agency and the Swedish Enforcement Agency (public debt and liabilities agency).

An initial deadline of 15 March 2022 has been set for Spelinspektionen to publish the first evaluation of its assignment, with the regulator required to submit a partial report by this date.

Check Also

Sweden

Sweden’s ATG going its own way as government relinquishes control

The Swedish government has relaxed its control over AB Trav och Galopp (ATG), which operates …

Curaçao

Swedish regulator points finger at black market Curaçao companies

Companies based in Curaçao and skin betting firms are responsible for the bulk of unlicensed …

Svenska Spel begins search for Casino Cosmopol buyers

Search for private hands begins to initiate Casino Cosmopol liquidation

There will soon be no traces of Sweden’s state land-based gambling heritage left, with Casino …