Casino News

Sweden Gaming Law and Society

By:, Saturday May 24th 2008
0 Comments   Email   Print

The European Union has been moving from country to country in Europe regarding gambling laws. In Sweden privatization of many of the online gambling places will have to happen if they want to keep their customers. Apparently the European Court of Justice is threatening to take some of the lesser online gambling places under court proceedings. Many of the less addictive state run gambling places online need to be placed under EU laws. The EU has just changed several of the online gambling laws for cross border services. The US was the first to stop cross border services such as sports betting. Now it seems with the recent news in May that more and more online gambling sites will be further restricted.

Some of the games that will be under this new law or they will have to close are the state run lotteries, sports betting, and poker. Many of the online gambling places don't want to be regulated because that means they lose business. In fact Svenska Spel is one of the online gambling places that have been affected by the new laws. The modernizations required as well as the competitive atmosphere have crippled business.

There are other online gambling places that have decided not to wait regarding the new laws. Instead of waiting for Sweden to either back them up or make a decision in their favour they are beginning to change to the EU laws.

Betsson has taken things a little further in their search for getting around some of the new laws. They are opening a betting shop in Sweden with the private enterprise option that will be available to Svvenska Spel and ATG websites.

The entire point of the EU is to try and help the other businesses that want to open up, but also regulate them. By offering more shops in the community the monopoly Sweden currently has can be fought, and still the privatisation helps with the current cross border laws.

Sweden will have to comply with the EU, but that has yet to happen completely. Svenska Spel is expected to file a complaint this week regarding the issues. There are also law violations for the existing lottery that Sweden is currently disregarding.

Other states and European countries are going to have to start complying with the new laws. While no one wants a monopoly there are those that don't want gambling happening outside of their borders. For example we already know that in the US it is illegal in some states to bet on sports. If you try to go across the border from where you live or bet online you are still betting illegally. These laws and others will be put into effect for other parts of the world. As it stands right now many casinos allow several countries to use their sites. Privatisation may not fix everything, but at least it might get rid of the monopolies some online gambling places are experiencing or have experienced in the past.

News Item Tools

 Email     Print     Digg    StumbleUpon


 Add Comment

Add Comment

You must be signed-in to add a comment: - Sign-in - Register

More News

Maldives Holiday At Roxy Palace
Winter Slots Wonderland At Golden Palace
Playtech Launches Innovative Galactic Streak Online Slot
Two Big Announcements From Microgaming
Latest Welcome Bonuses At Fortune Lounge Casinos

News Categories
RSS & XML Feeds
Subscribe to our News Feed Below:
Top 10 Ranked Online Casinos
Casino Name    
Jackpot City
 Read Jackpot City Casino Review
 Read EuroPalace Casino Review
Roxy Palace
 Read Roxy Palace Casino Review
All Slots
 Read All Slots Casino Review
Platinum Play
 Read Platinum Play Casino Review
Royal Vegas
 Read Royal Vegas Casino Review
Gaming Club
 Read Gaming Club Casino Review
Ruby Fortune
 Read Ruby Fortune Casino Review
Spin Casino
 Read Spin Casino Review
Casino Splendido
 Read Casino Splendido Review

More Top Rated Online Casinos

Search our site

Casino Bonuses

Game Information

General Information