Branschföreningen för Onlinespel (BOS), the Sweden Online Gambling Trade Association, has called on the Ministry of Finance to amend loopholes in the Gambling Act 2018. The trade body believes that Swedish online gambling is currently exposed to a massive influx of unlicensed gambling offers targeting national consumers. Liabilities are facilitated by the Gambling Act only applying to licences that conduct …
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Branschföreningen för Onlinespel (BOS), Sweden’s Trade Association for Online Gambling, has called on the government to take further actions against Svenska Spel’s presence in gambling. Writing an op-ed in the Swedish newspaper Aftonbladet, Gustaf Hoffstedt, the Secretary General of BOS, agreed with the view expressed by Financial Markets Minister Niklas Wykman that “there is no political order for a state …
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Swedish operators have pledged to back the terms of a memorandum proposing greater cooperation between key stakeholders on match-fixing threats. Currently under review by the Swedish government, the memorandum amends terms of the Gaming Act of 2018 to allow licensed operators to request and share more data related to suspected match-fixing incidents. Proposed amendments would establish a new framework for the …
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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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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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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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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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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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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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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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