Sweden’s Lotteriinspektionen national regulatory body has laid out the timeline for the country’s move to online gaming saying it could make application documents for new licences available from July 10.
On June 7 the new Gambling Act was approved by the Riksdag (the Swedish Parliament) with a new license system coming into force from January 1 2019.
A spokesperson for Sweden’s Lotteriinspektionen national regulatory body said: “Stakeholders have shown great interest in the Re-regulation of the Swedish gambling market, also internationally. Many operators have already shown interest in applying for a license in Sweden, which, according to plan, shall be possible from 1 August. We are now waiting for the Government to approve a new Gambling Regulation. Once done, we can publish the application documents on our website. The Gambling Regulation is expected to be approved at the earliest on July 5. The application documents could then be made available from 10 July, unless they need to be adjusted as a result of the Gambling Regulation.”
The Swedish Gambling Authoritys’ regulations and guidelines should be pre-published on the website after July 24. These will preliminary be in force on 1 September.
By July 5 the Government is expected to approve a new Gambling Regulation which further regulates in more detail the new Gambling Act. The Gambling Regulation also contains application fees and mandate to the Gambling Authority.
by July 10 application documents are expected to be published on the Swedish Gambling Authority´s website (if they do not need to be adjusted as a result of the Gambling Regulation). After July 24 the regulations and guidelines of the Swedish Gambling Authority will be pre-published on the website. These will preliminary be in force on September 1.