Sweden’s 180-degree turn on credit gambling ban draws industry criticism

by SBC News
2 minutes read
The Swedish Trade Association for Online Gambling (BOS) has taken a stance against the Ministry of Finance mandate for a comprehensive ban on gambling with credit.

According to the proposal memorandum, the ban will boost Sweden’s efforts to prevent cases of indebtedness caused by credit gambling.

By law, licensed gambling operators carry a “duty of care” which mandates that they must discourage excessive gambling.

The proposal additionally puts the Swedish Gambling Authority Lotteriinspektionen in charge of constructing requirements for these preventative measures.

Deadlines for the implementation of the credit ban and introduction of Lotteriinspektionen’s enhanced authority are 1 September 2024 and 1 April 2025, respectively.

BOS, however, has noted that putting a lid on gambling with credit goes against the government’s own inquiry into indebtedness from 2023, where it was noted that “there are not sufficient reasons to introduce a ban on paying for gambling with credit car..

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