Overview of the Swedish Gambling Authority
The Swedish Gambling Authority is one of the latest regulators in the world of gambling. While the process following its launch commenced in 2018, it was only in 2019 that it began its full operations. So, at present, the Swedish Gambling Authority is the sole body that is responsible for protecting the overall interest of Swedish players as it relates to all forms of gambling activities. So far, they have begun to issue licenses to some top operators. Some of the pioneers include LeoVegas; Interwetten; Tombola; Svenska Spel; ATG; Bet365; Betsson; Unibet and a few others. While these are just the first to receive the gambling license, there is no doubt that many other casinos will follow the trend.
The commission and duties of the Swedish Gambling Authority
Everyone knows what gambling authorities are meant to do. They provide a set of rules and guidelines for operators to follow. The idea is to ensure that operators provide a fair gaming environment for players; upheld their end of the deal in terms of making payments; prevent underage gambling as well as promoting responsible gaming. While this is the vision of every gambling authority, the Swedish Gambling Authority now has to ensure that every operator that is involved in one form of gambling-related activities or the other comply with these basic rules for the interest of the players. In summary, let’s take a look at some of the core duties of the Swedish Gambling Authority:
- Issue licenses to all forms of operators (restaurant casinos; national lotteries; gaming machines etc.).
- Be responsible for supervision, training and ensuring that the license holder complies.
What the SGA does not do
Having mentioned some of the primary duties of the Swedish Gambling Authority, there is a limit to what they can do. So, the Swedish Gambling Authority will not be involved in the affairs of operators that are not licensed in Sweden. Of course, this is why it is advised that Swedish players only do business with operators that operate legally within the country. Also, the Swedish Gambling Authority will not be involved in resolving any issues arising from a lost bet. They must protect players against maltreatment from operators. So, as a customer, if you lost any bet from gambling, consider it as your loss.
Current license holders
Indeed, the Swedish gambling market is a fast-growing one. In no time, it is undoubtedly going to become one of the top gambling spots in the world. However, until recently, the state has enjoyed an enormous monopoly in providing all the gambling-related services. However, with recent developments, there is no doubt that many online casinos are rushing to get their license. Some of the current license holders include top brands such as Bet365; PlayOJO Casino; Rich Casino; EU Casino; Betsafe Casino; Betsson casino; AHTI Games Casino; Yeti Casino; Expekt Casino; Barbados Casino; Mr Play Casino; Dream Vegas Casino; Chanz Casino; Play Million Casino; 666 Casino. Certainly, these numbers over such a short period only show that the Swedish market is going to be among the best in no time.
The Swedish Gambling Authority is quite new. However, there is nothing new about their professional approach so far as they are gradually taking the gambling world by surprise. We always list what license a new brand have when we test the best casino sites.