In breaking casino industry news, the Swedish governments decided not to impose Covid-19 restrictions on online casino ops. The regulations, which included the controversial SEK4 000 deposit limit and SEK100 cap on the welcome bonus, were supposed to come into force on February 7, 2022.
The Swedish Industry Association for Online Games (BOS) has welcomed the ruling. BOS was highly critical of the temporary Covid rules for the iGaming industry, originally introduced by the government on July 2, 2020. The online gambling limitations, such as the weekly deposit cap of SEK5 000, were in place for eighteen months, up until November 14, 2021.
The head of BOS, Gustaf Hoffstedt, believes that the government’s decision not to extend online casino restrictions further is wise and well-balanced. According to Hoffstedt, new Covid rules in iGaming wouldn’t have achieved the anticipated level of player protection and are not necessary at the current stage of pandemic. At the same time, the BOS leader reminded that the organization supports strong regulations in the online gambling sector as long as they are effective. This, however, wasn’t the case for the Covid restrictions.
Gambling in Sweden has increased by 7% since 2020
Results of the annual survey, conducted by the Swedish Gaming Inspectorate, show that 73% of Swedes played games of chance for money in 2021. It is 7% more gamblers than in 2020. The rate of players gambling at home has also increased by 7% to a whopping 86% of all gamblers. 29% of the Swedish gamblers played games of chance at least once a week. And the most common form of gambling was lotteries and number games (75% of all gamblers).
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