Swedish Legislation on Online Gambling

Online gambling is permitted in Sweden but governed. Any operator who wishes to offer their services in Sweden must be licensed by the Swedish Gambling Authority (SGA). What this implies is that any operator wishing to offer their games to Swedish gamblers will be required to have the necessary license.

SGA is highly regarded for boasting some of Europe's most stringent regulations and is one of the most respected licensing authorities in the business. SGA-licensed casinos are required to uphold stringent standards of player protection, responsible gaming, transparency, and operational integrity.

The following is a summary of what is permitted and not permitted under the Swedish gambling license:

There are two minimum ages for legal gambling in Sweden. The legislation allows individuals who are 18 years and older to gamble, such as keno, bingo, and table games, but individuals who visit land-based casinos must be 20 years and older. There is some legal gambling, such as slot machines, lotteries, and blackjack, in bars, ferries, and land-based casinos. Advertising of gambling is allowed in Sweden.

Additionally, it's important to be aware of the tax rules casino winnings in Sweden. As little as gambling winnings are not taxed for individuals in Sweden, there exist certain regulations about taxes on casino winnings for residents. It is always advisable to know the taxing regulations in order to be compliant with Swedish laws.

This license consists of a wide range of games offered online for casinos such as popular games including video slots, classic table games like roulette and blackjack, poker, bingo, sportsbook, and lottery. The Swedish Gambling Authority issues six different categories of licenses depending on where the gambling takes place.

Operators must demonstrate that they have knowledge about how to work and keep to the laws and regulations of how they can be licensed. They must also be fit in the physical sense to work otherwise. The Swedish Gambling Authority investigates all applications rigorously before giving out a license.

The license is valid for a period of time, the maximum being five years. In the event of the operator failing to do their part of the license, the authority will grant some time to set things right. Failure to comply can result in the cancellation of the license. In the event of serious breach of terms on the part of the operator, the license is revoked with effect from today's date.

Get the Best Casino Bonuses in Sweden

Best Swedish casino websites have every type of promotion and bonus. They are designed to add to your bankroll. Sometimes it's a great Swedish casino bonus that encourages you to play at one casino rather than another. What follows are some of the most common bonuses that can be found in the market today.

Free Spins for Swedish Players

If you're interested in playing the best online slots in the industry, then a free spins bonus is the ultimate casino promotion. As the name suggests, you are given a specified number of free spins in a specific online slot machine game. Free spins will differ from one promotion to another, but you're not usually given more than 500 free spins.

You can also get a number of free spins based on the amount deposited. Free spins are even granted in batches over a series of consecutive days.

No Deposit Bonuses in Sweden

There is nothing more inviting than a no deposit casino bonus in Sweden. A no deposit bonus is a free bonus that Swedish online casinos offer in an attempt to lure new players. It can either be in the form of a free spins bundle or a bonus account. You don't need to deposit in order to receive this bonus from a Swedish casino. Just sign up with the casino, and you're all set.

No deposit bonuses are normally offered by new Swedish online casino sites to market themselves and to familiarize players with their presence.

Best Payment Methods in Swedish Casinos

You will have to deposit real money into your casino account to play at any Swedish casino unless you are claiming a no deposit bonus. Best Swedish casinos ensure that payment methods are not only easy for players, but also fast and secure.

Payment options are important, but Swedish casinos also have fast pay times.

• Trustly (Pay N Play): Trustly is a high-rated Swedish online payment method that allows for playing at Pay N Play casinos without registering. It is e-wallet-like and offers instant and untroubled transactions.
• Zimpler: Zimpler allows one to open accounts immediately via Bank ID. Since it's an e-wallet, it shuns lengthy KYC processes and grants instant withdrawals.
• Neteller / Skrill: Skrill and Neteller are popular e-wallets that let users deposit and withdraw funds immediately with minimal charges.
• Bitcoin: One of the most popular cryptocurrencies accepted worldwide with very low fees, by which users can instantly make deposits and withdrawals.

Online Casinos for Swedish Players

Internet slots are responsible for the most popular Swedish casinos games by far. Slot developers have, over the years, come up with numerous innovative slots that have multiple paylines, unique reel setups, and varying themes. Some of the most played slots in circulation include Book of Dead (Play n GO), Gonzo's Quest (NetEnt), Wolf Gold (Pragmatic Play), and Mega Moolah (Microgaming).

Internet slots are not the only ones Swedish players play. They also enjoy games and table games such as the ones mentioned below:

• Blackjack: One of the most popular casino games among all online casinos. Because it is very easy to play, it has the best winning opportunity among all casino games.
• Roulette: Meaning "wheel" in French, it was originally invented by Italians and was later rebranded as Biribi. The legendary table game is available to play for real money or demo version by players.
• Baccarat: One of the most popular casino games with a bit of James Bond flair to it and three possible outcomes. The game is 90% dealt by the banker, which is ideal for live casinos.
• Video Poker: A five-card casino game played online with a 99% high return rate. It is an online casino software game set to operate on the theme of a slot machine.
• Live Dealer Games: They are one of the most used live casino games and range from live table games to live card games. They have live hosts who present the game and give the player the experience of gambling in a live casino.

Gambling Taxes in Sweden

The Swedish Gambling Authority (Spelinspektionen) requires all licensed gambling operators to pay gambling tax if the operations are not of public interest. The tax is levied on the difference between payouts and income generated from gambling activities.

Conversely, Swedish players are not required to pay any tax on their winnings. Operators in the Swedish gaming sector, however, are obligated to pay an 18% tax on their gross gambling revenue on a monthly basis.

Aside from the tax, all gambling operators in Sweden have to remit an annual inspection fee to the Spelinspektionen. The inspection fee is intended to assist the authority in regulating all gambling activities. The Swedish gambling tax act provides instruction regarding the payment due date to the Spelinspektionen.