Real money players from Sweden can look forward to a number of online casino options, trusted and verified sites with the very best in bonuses, slots and table games. This article explains current Swedish gambling laws, and the best places for Sweden players to bet online legally.
Safe and trusted online casino sites for Swedish players
Best Sweden casino sites
Slots Million: Slots Million offers 24/7 support in Swedish and also accepts Swedish currency. It is one of the most trusted and respected online casinos. It offers players more than 1700 slots, as well as many different variations of poker, roulette and blackjack. Swedish players can sign up today to receive a 100% sign-up bonus up to $100.
Guts: Guts is regulated by the Malta Gaming Authority, one of the most trusted gambling authorities in the world. It accepts Swedish players and currency. There is also a 100% welcome bonus for every Swedish player that signs up, as well as 100 free spins across a slot game of their choice.
Wintingo: Wintingo accepts Swedish currency. Net Entertainment and iSoftBet are just two of the leading software providers available on Wintingo. It also has a fantastic range of poker, blackjack and pontoon games, as well as other casino card games. It offers 24/7 online support for Swedish players, as well as a $500 sign-up bonus, plus 50 free spins.
Dunder: Dunder offers 24/7 support for Swedish players, as well as accepting Swedish currency. It has more than 600 slot games from the best software providers, and offers Swedes a fantastic sign-up bonus: 200% matched deposit bonus up to $50, as well 180 free spins on the fantastic Starburst online slot.
Overview of gambling in Sweden
Sweden has a long and storied history of gambling, dating back to the year 1020, when King Olaf settled a territorial dispute with Norway over a game of dice. In the centuries since, gambling has been a popular pastime for Swedes, although 21st century laws have seen the industry regress behind more liberal approaches to gambling throughout the European Union.
Online casinos currently welcome Swedish players, and those living in Sweden have many different options available to them – both land-based and online – if they fancy a cheeky bet. Gambling is legal, albeit restricted behind a state-controlled monopoly, making it difficult for the industry to flourish in the face of an ever-growing global casino push. Nonetheless, it’s still incredibly easy to gamble in Sweden, even if, from a purely business and financial standpoint, the government limits just how far the industry can grow.
Gambling in Sweden is currently controlled by Svenska Spel, which is a state-owned company controlling the gambling sector in the country. This body owns and operates every business that offers gambling services, including any online gambling outlets. The good news is that Swedish gamblers do not need to limit themselves to Svenska Spel-owned companies.
As the laws are fairly loose when it comes to players, gambling is incredibly popular in Sweden. This means that sports betting, casino gambling, casino tourism outside of Sweden, and online gambling is common among Swedes. The problem with this is that a lot of the money being spent by Swedes on gambling outlets outside of Sweden could otherwise be pumping money into their own economy, but due to the state-owned monopoly, this limits that.
This limitation hurts prize pools, odds, and the selection of casino games on offer, pushing a lot of the gambling happening within Sweden to underground gambling outlets. The EU has been aggressive in sanctioning Sweden for what is deemed to be regressive restriction on gambling in an attempt to encourage the country to expand its horizons and opening the gambling up to the private sector.
There exists even some gambling sites that are based within Sweden, but operate unlicensed, and therefore illegally. This occurs, as the odds and transfer of money happen from outside of the country, making it difficult for Swedish authorities to tackle. Despite having a strong and large monopoly over the gambling sector, all the government’s grip on gambling has done is drive the industry underground into an unregulated scene.
Online casino and gambling laws in Sweden
There are pieces of legislation that govern gambling in Sweden: the Casino Action (1999) Kasinolag, and the Lotteries Act (1994) Lotterilagen. These Acts were created to ensure that all casino-related and lottery-related gambling is to remain under the control of state-owned enterprises.
Gambling licenses can be granted by one body and one body only: the Sweden gaming board. This board monitors and regulates the industry, ensure it is safe, trusted, reliable and legal.
Interestingly, the board has granted only one license, and that was to Svenska Spel. Many consortiums have attempted to challenge this state-owned monopoly in court, and all were rejected and failed by the Swedish court system. Pressure from outside of Sweden throughout the EU hasn’t phased the country either, despite concerns the monopoly-controlled industry contravenes competition laws laid out by the EY. Frustratingly for the industry, the European Court Of Justice has often found in favour of Sweden, arguing that its decision to control gambling is in the best interests of the citizens, and that it’s a reasonable outcome to avoid illegal operators. This however hasn’t stopped the growth of underground, unlicensed and unregulated operators from having a presence within Sweden.
There is good news, however, and that is that despite being state-owned, the gambling scene in Sweden is rather strong. There are four casinos, owned by the state-run monopoly Casino Cosmopol, which is itself controlled by Svenska Spel. These casinos offer all sorts of games for players, including blackjack, roulette, baccarat, sic bo, and slots machines.
Can you gamble online from Sweden?
There are no licensed Swedish online casinos, but Swedish players are still free to gamble online. A number of casinos also offer Swedish currency, making it easier for players to deposit and withdraw winnings in their own funds. There are a number of online betting agencies licensed by the government, but no online casinos. Sweden’s gambling laws restrict who can own and operate a gaming venue, but not who can gamble: therefore, players are free to gamble online freely.
Strangely, the few online gambling outlets that offer poker are limited to only Swedish players, which drastically reduces the player and prize pool. This forces a lot of players to play at overseas online casino sites. While these online casinos may be regulated and operated legally, they are not licensed within Sweden, and therefore are illegally operating within the country. However, these is never punishable, and many of our recommended online casinos welcome Swedish players.
SEK deposit option of online Swedish gamblers
The Swedish Krona (SEK) is widely accepted as a currency directly at our recommended casino sites. These sites still accept players from Sweden, meaning you will be able to directly transfer SEK funds on deposit into your account without having to pay currency conversion fees. These are the deposit options available at all of our recommended online casino sites:
- Credit & debit cards – Visa, MasterCard, Entropay virtual Visa
- Web wallets – Neteller, Skrill, ecoPayz
- Pre-paid cards – Paysafecard, Flexepin
- Bank transfers – Citadel Direct, direct bank wires
Latest Casino Promos,Bonuses & News For Sweden
Leo Vegas releases third quarter results as UK profits fluctuate
Leo Vegas has recorded a 41% increase in revenue for the third quarter of 2018. Notable achievements in the period from July 1 to September...
Sweden’s state-owned gambling sites profits drop as regulation looms
The impending market liberalisation of the Sweden gambling industry saw state-owned gambling operator, Svenska Spel, witness a drop in gaming revenue and profits in the...
Thrills Casino relaunched as Pay N Play in Germany, Sweden & Finland
THRILLS Casino, which is part of the Gaming Innovation Group, has upgraded its services for Germany, Sweden and Finland with Pay N Play live and...
Pokies free spins at Kahuna Casino for Australians
WHENEVER the weekend rolls around at Kahuna Casino you have the opportunity to get up to a 1000 free spins added to your account. How...
Boost your sign up bonus at SlotsMillion with this promo code
NEW players at SlotsMillion.com can take advantage of a promo code which will give them 50 extra spins on NetEnt’s Double Stack, on top of...