Casinos Without a Swedish License
Today’s online gaming industry poses strict demands on operators when it comes to factors like marketing, competition, financial matters and of course, regulatory issues. By Swedish law, every online casino should be in possession of a Swedish license that allows them to operate in Sweden. This automatically means that casinos that do not have a Swedish license cannot do any marketing in Sweden or target towards Swedish players
Despite these restrictions, many Swedish players still opt to play at online casinos which are ‘unregulated’ and are not in possession of a valid license to operate in the country, simply because some of these sites outshine their peers when it comes to games, bonus offers and payment methods, for example.
What Is Casino Without a License?
A casino without a license is a reference to an online casino that does not have acquired a Swedish gambling license from the Swedish Gambling Authority (Spelinspektionen). The Swedish term is "casino utan licens", but is not correct, since these "unlicensed" casinos usually have license from either Malta (MGA) or Curacao.
Is it Legal for Swedish players to Play on Unregulated Online Casinos?
Yes, it's fully legal for Swedes to register or play at an unlicensed casino.
As of January 1st, 2019, the government issued an act stating that no online casino is allowed to operate anywhere within Sweden without a valid license from the Swedish Gambling Authority. However, this doesn’t mean that you will be engaging in illegal activity by choosing to play at an offshore site since there are currently no legal repercussions for players.
We have chosen to focus on the handful of unlicensed online casinos that still accept Swedish players, as they are familiar with the legal boundaries of such practices.
THE ENTIRE LIST OF CASINOS WITHOUT A SWEDISH LICENSE oktober 2020
The Swedish Gaming Act
Online casinos have soared in popularity over the past decade, but the industry has unfortunately also given rise to several issues that require strict supervision from the authorities. Scammer sites looking to cheat players out of their cash through unfair practices is one such major concern while problem gambling and addiction come in at a close second, followed by fraud and money laundering.
This is why the Swedish government strives to protect its citizens through harsh regulations such as identity verification measures and controlling the amount of bonuses available by the operator.
The most recent Gaming Act issued in 2019 necessitates that all operators seeking to target Swedish players must apply and be approved for a license from the Swedish Gambling Authority.
How Do Operators Obtain a Swedish License?
The SGA has issued a list of requirements for every gambling website looking to operate across the territory of Sweden:
As you see, there is a lot to keep track of in order to comply with the latest Swedish gambling legislation and this puts off many operators from applying for a Swedish license because of all the money and hassle it would cost them to implement all the above changes. It makes a lot more sense for operators to withdraw from the Swedish market officially while still continuing to accept Swedish players.
Benefits of Playing at a Casino Without a Swedish License
As previously mentioned, many players are not satisfied with the strict regulations imposed by the SGA, leading them to seek out unlicensed sites because they offer better terms than casinos licensed in Sweden.
Here are some of the advantages that distinguish foreign casinos from their Swedish counterparts and make them much more attractive for the average Swedish player.
Please note that the above should not be considered an invitation to use gaming sites without a license. The above points are listed for informational purposes only.
Disadvantages of Gambling at an Online Casino Without Swedish License
It’s a lot more favourable for players from Sweden to play at licensed casinos and gaming companies since these sites guarantee safe games, tax-free winnings and the ability to control gambling with deposit and wagering limits, amongst others.
These are the major disadvantages of playing at unlicensed casinos:
Consumer protection and safety is probably one of the biggest issues many players experience with casinos which are unlicensed in Sweden.