Sweden’s online casino operators could face deposit and bonus restrictions through the middle of next year as the government proposes extending ‘temporary’ COVID-19 consumer protection measures.
On Tuesday, Sweden’s Ministry of Finance proposed an “extended period of validity” for the temporary limits on online casino deposits and bonuses that took effect on July 2. The government wants to see the limits, which were originally scheduled to last only through the end of 2020, extended through June 30, 2021.
The limits cap weekly deposits at SEK5k (US$580) and bonus offers at just SEK100, while also requiring online casino customers to set limits on their playing time (which also apply to land-based gaming machines).
The limits have been credited with significant reductions in operator revenue, while some operators have claimed that the limits are pushing gamblers – particularly those with problem gambling tendencies – to internationally licensed operators not subject to the whims of Sweden’s government.