Swedish license issues

[Betting In The North]

Swedish gamling authorities are handing out fines like candy atm. Last out is Betfair, Bethard and a few more for offering bets on events where the majority is under the age of 18. This has led to a stop on the e-sports market and some bookies has even shut down the sport sections completely. Devestating this! Any one with similar experiences in their country?

 

[Biti]

No.

I work in some regulated markets and some unregulated markets. The regulated markets I work in, are smaller than the Swedish market.

If brands are getting fines of 2 million euro, they'll just surrender their license in smaller countries. It looks like they use it to get some extra "tax" as they know brands will pay it in Sweden.

I've seen fines, but not as heavy as this Swedish fines. On the other hand, I've seen licensed revoked for less than for what Swedish brands are fined.

 

[danniee]

As an operator I would be furious to put up with this leeching bloodsucking bs that's going on in both SE and UK. Might as well pull out and operate with a curacao license from now on

 

[Betting In The North]

As an operator I would be furious to put up with this leeching bloodsucking bs that's going on in both SE and UK. Might as well pull out and operate with a curacao license from now on

Yeah, still need a swedish license to operate in Sweden though, no matter where you are based

 

[danniee]

Yeah, still need a swedish license to operate in Sweden though, no matter where you are based

Nothing prevents a Swedish player from playing at a Curacao casino. It's not even against the law. Please correct me if I'm wrong.

 

[Betting In The North]

No, you are right there, so far. There are many flaws with the law atm, so far the only down part with playing at a unlicensed bookie is that you have to pay tax on your winnings. But the government has informed that if bookies target the swedish market without a license there can be other consequences, like they will block the payment methods. But it is all very unclear at this stage

 

[Niklas]

problme is that SGA does not really know them selfs whats happening

 

[Betting In The North]

No, big uncertanities atm