Sweden’s online gambling operators have some suggestions for how the government might better protect consumers, while the state-run Svenska Spel wants the government to better protect its lottery monopoly.
On Monday, Branschföreningen för Onlinespel (BOS), Sweden’s online gambling industry group, offered the government its proposed ‘measures for a safer gambling market,’ seeking to counter the government’s plan to impose strict deposit and spending limits on online casino products as of the first week of July.
BOS recently commissioned a study by Copenhagen Economics to determine what effect the proposed limits will have on ‘channeling’ Swedish gamblers away from internationally licensed gambling sites and toward locally licensed operators.
The report estimated that the online casino channeling rate will likely fall from its current estimate of 72-78% playing with local operators to a range of 52-63%. BOS CEO Gustaf Hoffstedt believes this will put the Swedish market “back to the unsustainable situation” that led the government to launch a regulated online market in January 2019.