Online gambling operator LeoVegas isn’t happy with Sweden and the country’s recent mandate on the reduction of deposit limits for customers. Even gambling regulator Spelinspektionen had anticipated there would be issues with the new rules, which set a weekly deposit limit of $537, and LeoVegas wants answers now. The company sees different operators interpreting the new guidelines in different ways, and is demanding that the gambling regulator clear up the confusion to put everyone on the same page. 

LeoVegas has penned an open letter to Spelinspektionen, asserting, “Only a few days after the Minister of Health’s temporary restrictions came into force, it is clear that the gaming companies have interpreted the new regulation in very different ways. The chaos that the gaming industry warned about has now occurred, as a result of a hasty and weakly substantiated proposal. We now appeal to the Gaming Inspectorate to clarify to the industry what applies regarding the deposit restrictions.”

The company added that the rules, which just took effect on July 2, had already faced strong resistance from the country’s gaming community – both private and state-run operators – and that everyone had warned that the new limits would not be implemented as easily and flawlessly as government officials had expected. The only thing the new limits have done is to force gamblers to go back to finding offshore sites, resulting in less protection and less revenue for the state. 

LeoVegas continued, “Spelinspektionen, which is set to ensure that the regulation is followed, also had several objections. Among other things, against the extremely short time given to the gaming companies to implement the extensive changes and the risk of reduced channeling.