Not all of Sweden’s online gambling hopefuls will make it to the liberalized market’s January starting gun, according to the local gaming regulator.
This week, Sweden’s Lotteriinspektionen gaming regulatory agency warned that it had no plans to issue any “temporary” online gambling licenses for operators who don’t receive their new online permits before the liberalized market kicks off on January 1, 2019.
As of this week, the regulator has issued 31 online licenses out of the 70 applications that it had received since the licensing window opened on August 1. Lotteriinspektionen has said it is doing its best to process these applications ahead of the Jan. 1 launch, but warned last month that its staff were “under severe pressure” to make that timeline.
Lotteriinspektionen said it had received inquiries from some companies still waiting on their diplomas regarding the possibility of ‘temporary’ licensing that would allow them to launch with the other licensees on Jan. 1. But the regulator says Sweden’s new online gambling legislation contains no “grace period” and that operators “may not provide games in Sweden until you have been licensed.”