Swedish regulator details licence application process
Sweden’s Lotteriinspektionen national regulatory body has said it could make available application documents for new licences in the country from July 10.
The licences form part of a new gambling bill that is due to come into effect from January 1, 2019.
The bill also covers changes to international cooperation, responsible gambling, supervision and fees.
Earlier this month, Sweden’s parliament voted 282-19 in favour of the bill and the regulator said it expects to also secure government approval by July 5 at the earliest.
Should this be the case, application documents will be made available soon after in preparation for the regulator to open the licensing process as planned on August 1.
In addition, as part of the preparation, the regulator said that its regulations and guidelines included in the bill will be pre-published on its website after July 24.
These rules will come into force on a preliminary basis on September 1, prior to full regulation from the start of next year.
In a statement, the regulator added: “Stakeholders show great interest in the re-regulation of the Swedish gambling market, also internationally.
“Many operators have already shown interest in applying for a licence in Sweden, which, according to plan, shall be possible from 1 August.”
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