Tag Archives: BOS

BOS: Swedish gambling tax rise is a gift to the black market

SBC News BOS: Swedish gambling tax rise is a gift to the black market

Branschföreningen för Onlinespel (BOS), Sweden’s Online Gambling Trade Association has warned MPs of the negative consequences of backing a tax increase on Swedish gambling. Announced last month in the Budget Memorandum of Finansdepartementet, in Q1 the Riksdag will debate increase Swedish gambling income taxes from 18% to 22%, to be applied from 1 July 2024 BOS emphasised the impact that …

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Spelinspektionen holds no opinion on Swedish gambling tax rises 

SBC News Spelinspektionen holds no opinion on Swedish gambling tax rises 

Spelinspektionen, Sweden’s Gambling Inspectorate, holds ‘no significant opinion’ on the 2024 Budget proposals to increase taxes on the gambling sector. As announced by the memorandum of the Budget 2024, in the Spring of 2024 the Riksdag will debate increasing the gambling tax rate from 18 to 22% of gross gambling revenues (GGR). Should the proposal be approved, the 22% GGR …

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BOS survey highlights public misconceptions of Swedish gambling

SBC News BOS survey highlights public misconceptions of Swedish gambling

Branschföreningen för Onlinespel (BOS), Sweden’s online gambling trade association, has highlighted consumer misconceptions related to the country’s gambling marketplace.  The trade body has published the “Novus Report: Perceptions of the Gambling Industry Amongst Swedes” detailing comprehensive insights into the Swedish public’s views on gambling and related advertising. Commissioned by BOS, Swedish research agency Novus conducted a survey of 1054 participants, …

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BOS backs new credit protections for Swedish consumers

SBC News BOS backs new credit protections for Swedish consumers

Branschföreningen för Onlinespel (BOS), Sweden’s online gambling trade association , has endorsed  proposals to strengthen consumer credit protections and new safety protocols regarding risky lending and over-indebtedness as proposed by Ministry of Justice. The planned changes include tightening rules around consumers being offered and given credit that they do not have the financial means to repay, in addition to establishing a debt …

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Sweden to equalise Gambling fines on AML violations

SBC News Sweden to equalise Gambling fines on AML violations

Finansdepartementet, the Ministry of Finance of Sweden has moved to equalise AML fines and penalties across high-risk Swedish industries.  The decision has been welcomed by Swedish gambling trade association Branschföreningen för Onlinespel (BOS) on the condition that gambling revenue specifics are recognised by authorities. Last Friday, Finansdepartementet published a memorandum which outlined changes to the Money Laundering Act, citing that …

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Sweden told to impose credit ban on all gambling transactions 

SBC News Sweden told to impose credit ban on all gambling transactions 

Finansdepartementet – Sweden’s Ministry of Finance – has recommended that the government apply a ban on credit card transactions across all gambling segments. The recommendation was made as part of the Ministry’s investigation into “Enhanced consumer protections against risky lending and over-indebtedness”. A primary assignment for 2023, the Ministry drafted a 650-page report on the current consumer credit facilities available …

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BOS: Sweden has failed critically on gambling channelisation

SBC News BOS: Sweden has failed critically on gambling channelisation

Branschföreningen för Onlinespel (BOS), Sweden’s online gambling trade association, has warned the government that it is grappling with a crisis in the channelling of Sweden’s regulated online gambling marketplace. The warning follows a report commissioned by BOS, which details that consumer engagement with licensed operators )referred to as ‘channelling’) is at a critically low level in Sweden. The report undertaken …

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BOS welcomes ‘GGR penalty revision’ on Genesis dispute

SBC News BOS welcomes ‘GGR penalty revision’ on Genesis dispute

Sweden’s  Supreme Administrative Court has sided with the challenge of Gambling Inspectorate Spelinspektionen in its legal dispute with multi-brand casino operator Genesis Global. However, in its judgement, the Administrative Court has ordered that the penalty fee levied against Genesis needs to be revised due to “ambiguities around the concept of turnover” and how the penalty was applied by Spelinspektionen.  Previously, …

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BOS wins advertising dispute related to Svenska Spel TV draws 

SBC News BOS wins advertising dispute related to Svenska Spel TV draws 

The Board of Review of the Swedish Press and Broadcasting Authority (MRPT) has ruled that Svenska Spel lottery and keno draws broadcast on TV4 Sweden should be recognised as advertising.  MRPT judges were ordered to review Svenska Spel’s programming of lottery draws following a complaint submitted by Branschföreningen för Onlinespel (BOS) – Sweden’s trade association for online gambling. BOS had …

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BOS: Sweden must ensure Svenska Spel break-up in 2023

SBC News BOS: Sweden must ensure Svenska Spel break-up in 2023

Svenska Spel’s future as a Swedish state-owned enterprise must be settled in 2023, according to Branschföreningen för Onlinespel (BOS), Sweden’s online gambling trade association.  BOS Secretary General, Gustaf Hoffstedt, issued the demand by writing an op-ed on Dagens Nyheter, Sweden’s largest newspaper. Hoffstedt maintains BOS stance that Svenska Spel holds no remit to participate in commercial gambling (sports betting and online casino).  The trade body …

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