The Ministry of Finance‘s proposal will enforce an outright ban on all forms of credit for gambling transactions.
Current laws prohibit licensed operators from processing credit card transactions as specified by the Gaming Act of 2018, which re-launched Sweden’s gambling market. The new amendments go further, banning all forms of credit-funded payments for gambling.
This means that beyond credit card transactions, licensed operators won’t be able to process any credit-based funds, including personal loans, deferred payments, and overdrafts.
The Ministry’s comprehensive ban on credit transactions is part of a package calling for greater enforcement powers for the Gambling Inspectorate, Spelinspektionen, and new duty of care requirements to prevent excessive gambling.
The government is moving forward with the legislativ..
