Sweden may follow in US footsteps with online casino ban
The Swedish National Gambling Consultation made its recommendations to the Swedish government last week and the recommendations were not good for online casino sites that are not working out of Sweden.
In the report, the Consultation advised that the Swedish government should stop citizens of Sweden from accessing Internet gambling sites that are not within the country. That would mean blocking citizens from accessing all international casino sites.
The idea of the UIGEA was also a good one for Sweden, according to the findings. The recommendation was to stop banks from processing transactions between the gambling sites and citizens of Sweden.
The country has come under fire for not adhering to free trade rules of the European Union. The recommendations, if put in place, would allow Svenka Spel to continue to make the maximum revenue from Swedish online players. Svenka Spel is currently the only online gaming provider in Sweden. It is also owned by the government.
Online gambling companies from outside of Sweden have protested to the EU that the Swedish monopoly on Internet gambling in their country is illegal under the EU’s competition rules.
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