Legislation
Sweden – Svenska Spel asks for stability, sustainability and consumer protection
By Phil - 23 May 2022
Sweden’s state-owned gambling operator Svenska Spel has pleaded for a period of stability rather than more regulatory change, following the publication of the government’s major gambling reform bill.
Chief Executive of Svenska Spel Patrik Hofbauer said that whilst the new gambling laws would address gaps in the current legislation
He said: “The proposal focuses on consumer protection and a sustainable gaming market, which is positive. I perceive it as if the policy has listened to all important stakeholders along the way and has formulated constructive proposals and adjustments based on this.
“There are gaps in the law and the proposed reinforcements are important for the benefit of serious licensed players and make it harder for illegal gambling. The balance between these is mainly good in the government’s proposal.”
“A long process is behind us and now it is up to all parties in the Riksdag to make a wise decision,” he added. “The time since re-regulation in 2019 has been marked by a number of regulatory changes, also as a result of the pandemic. It is important that the gaming legislation now has a chance to settle down and that the industry has time to learn lessons from everything that has happened from supervision, to judgments and yet another new law.
“As an industry, we now need peace of mind. Adapting the business to new laws and regulations is demanding. Measures are necessary, but excessive jerking creates ambiguity for both consumers and gaming companies. This is even though we look forward to the law being updated to close gaps in the law.”
“We still lack a measures to get a tougher grip on match-fixing and some other essential parts, including the processing of personal data, which would make the gaming laws more complete,” Mr. Hofbauer explained. “Our call to the government is to speed up that work in order to bring about measures that slow down negative developments when it comes to match-fixing.”
