Swedish Online Casino Regulation of 2021
2020 is the year that shook the Swedish casino market to its core with the re-regulation regarding online gambling. It was no secret that the Swedish government has been looking into tweaking the “rule book”, as so to speak. This was not done to harm any of the existing online casinos, but rather to protect and help prevent gambling addiction among Swedish players.
The new regulation increases awareness on responsible gambling and forces operators to clearly state the terms and conditions on each promotion and bonus before the player opts in. It also allows the Swedish government to impose a tax revenue income of 18% on all gambling operations that make money off Swedish citizens.
The new Swedish gambling regulation is nothing new, since many similar laws exist within other European countries. Spain, Denmark, Italy and the United Kingdom
have all preceded Sweden in terms of implementing stricter guidelines on gambling advertisement and protecting players from negative consequences of gambling. Here at CasinoTopsOnline we do not condone malpractices and will always put our players first in terms of safety and fairness.
Swedish Gambling Regulation Explained
The 1st of January was the date that the new Swedish Gambling Act went into effect, changing online casino seemingly overnight. As an operator (an online casino), you will now need to apply for a licence through the Spel Inspektionen (Swedish Gambling Authority), in order to provide legal gambling solutions to Swedish players.
Before the Swedish Gambling Act went live, it was a free-for-all for operators advertising for Swedish players, everything was allowed which only led to false promises and high wagering requirements on seemingly innocent bonuses.
With the new Swedish gambling regulation in place, it makes it completely illegal for an operator to offer gambling services to a Swedish resident without a valid licence granted by the Swedish Gambling Authority. On this page we will only list online casinos that are in possession of a Swedish licence. However, should you come across an online casino that is not listed on this page, it is of utmost importance that they check whether or not the casino has a Swedish licence.
Important Details about the New Regulation
Here we will talk about important details regarding the new Swedish Gambling Act and what this means for you as a player. Most of the big players on the field such as LeoVegas, MrGreen, Unibet and Cherry Casino have already acquired their Swedish licence, meaning that if you have an account here, you do not need to worry about anything. The casino will simply take care of everything to make sure that you can keep on playing.
If you have an account at an online casino that is yet to possess a Swedish licence, then you will be notified about the inconvenience. The casino in question will either be in process of acquiring or purchasing a licence, or has decided not to follow through with the new Swedish Gambling Act. In this case the casino will only give the player the option to withdraw any funds left within the account. You will not be able to resume playing at this online casino. Other important details that casinos must adhere to when accepting Swedish players are:
- Swedish players must have the option the use the Bank ID payment method.
- All Swedish players must be able to set their own deposit limits.
- The casino must show all winnings and losses upon log-in.
- Closing a player account will now be registered across all online casinos that have a Swedish licence.
- Only one bonus can be claimed at each casino (which means there will be no more package bonuses available for Swedish players).
Choose the Best Swedish Casino
Choosing the right online casino is no easy feat, but we’re dedicated to helping you make the right choice! The rapid improvement in technology has paved the way for casino games to be played on mobile without compromising on quality, finally breaking the shackles that confined players solely to desktop computers to play the best casino games.
There are a couple of questions you should ask yourself before joining an online casino, for instance, are deposits in SEK accepted? Is the site available in Swedish? Are they in possession of a Swedish licence? These factors will determine whether an online casino is able to cater for all Swedish players.
At CasinoTopOnline.com, we have high expectations of the online casinos we review and rate. We do this because we believe our valuable readers, like yourself, deserve the best gaming experience. We rank the best Swedish online casinos on a number of factors, some of which include; the quality of their bonuses and promotions, the games they offer, the sites’ ease of use and the effectiveness of their support. Needless to say, the mobile casino experience and the availability of live casino are the major elements that contribute towards making an online casino worth joining.
Read our reviews to discover the best Swedish online casino that’s right for you!
Best Online Casino Resources for Swedish Players
We all love freebies - there’s no denying it, which is why casino players scour CasinoTopsOnline.com for the best casino promotions and bonuses. This is essential to stay abreast about the newest and most exclusive bonuses.
We make sure our site is always up to date with the best deals and promotions, no matter which Swedish casino you opt for.
At CasinoTopsOnline.com, we strive to keep you informed about the latest games releases and upcoming releases. Want to discover the most popular online slots? Head over to our game reviews section where we share our honest reviews of games that you may want to try. Our game reviews are all in-depth and cover a range of elements, such as; number of paylines, bonus & free spins features, game symbols, minimum & maximum bets. You’ll also be able to try the game for free to get a proper feel. Our game reviews will leave no question unanswered.
If you are a serious online casino player, we’re confident that you’ll want to stay abreast with the latest games releases, regulations and news. If so, keep this page handy because our team of experts are devoted to delivering the latest news in the exciting world of online casino. Mark CasinoTopsOnline.com as a favourite to stay in the loop about the best Swedish online casinos of 2021!
Online Casinos vs Land Based Casinos
The excitement, expectations and the unique experiences of playing at a land-based casino are elements only the best online casinos can replicate. There are only a handful of land-based casinos in Sweden and due to sheer distances and travel time, it makes it harder for players to visit. Casino Cosmopol is located in Gothenburg, Stockholm and Sundsvall. However, If you do not live near these cities, a visit to these casinos is almost never feasible. Online casinos are aware of this fact and their popularity soared from their inception.
Technology has revolutionized online casino and the convenience of having all your favourite games available on your mobile device or in a few clicks on your PC, discourages players from visiting a land-based casino. Players who are looking for the same thrill of being at a physical casino have the option of playing live casino games, where players will be playing against a real, live dealer as opposed to a machine. All the classics are available to play at any live casino, including blackjack, roulette and the ever so popular, craps!
The biggest advantage of playing at an online casino is the ability to get more for what you bargained for, with all the incredible welcome bonuses and promotions. Land-based casinos rarely offer players any sort of promotion just for playing at the casino. We can’t stress enough how important it is to browse through the Terms and Conditions of any promotion from an online casino to make sure you’ll be eligible for the bonus.
Check out our list of EU casino bonuses to find the perfect casino for you!
Swedish Casino Reviews
We at CasinoTopsOnline.com believe that the only way to make a good and thoughtful decision is to have all the facts. You may see some Swedish casino names you recognize, as well as ones completely new to you.
We’re committed to having all the information about the casinos we review - such as the casino games they offer, if they have any current bonuses or promotions and whether they offer adequate customer support. We take great pride in knowing that our reviews and research have contributed to players choosing the best online casino. Take a look at the casino reviews that we have available at CasinoTopsOnline.com!
The most important rule, no matter where you’re playing online casino, is to play sensibly. Always stick to your budget and if you feel that you’re losing control, get in touch with someone who can offer advice and support. You’re also able to set deposit limits as an added control. Play responsibly and never play with money you can’t afford to lose. Have fun and stay safe!
Do you have any suggestions, comments or questions about Swedish online casinos? We look forward to hearing from you!