Swedish Casino License – Insider Programming

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Online casino games are legal in Sweden. Gambling laws passed in 2018 allowed private casino operators to provide gambling services, moving away from the monopolistic nature of before. However, online casino providers must obtain a valid license before providing gaming services. The Sweden Gaming Authority (SGA) is legally mandated to offer licenses to casino operators in the country. The SGA is also responsible for ensuring the legality, security and reliability of the gambling industry. The authority is known for its high standards and strict supervision, which makes its licenses one of the most popular in the world. .

License requirements

Game providers seeking Swedish casino licenses must meet several requirements to become eligible. To begin with, any online casino targeting the Swedish market must prove their financial capabilities to provide the services efficiently and maintain all the standards set by the authority. They must also demonstrate integrity, which helps maintain the international reputation of Swedish licenses. For example, applicants with a criminal record or those with outstanding debts are not eligible for a permit.

Some documents required in the Swedish casino license application include notarized copies of passports, notarized copies of recent invoices, bank references from the founders of the platform, and documents proving that the company has no history of charges criminal. Applicants should also provide their business plans and details of the gaming software and platforms they intend to use.

Swedish casino license fees

The license application fees charged by the SGA are relatively fair compared to other licensing authorities of the same standard. The actual amount varies depending on several factors, such as the number of founders and the number of games to be provided. License applications can only be considered after payment of the application fee. The SGA also collects monitoring fees, which are charged after the authority has decided to issue the license.

Application process

Swedish casino license applications are made through the SGA web service. For this, applicants must attach a printed authorized signature to all documents requiring signatures. Applications will then be assigned registration numbers, which applicants must indicate on payment slips or bank transfers.

Licensee Responsibilities

Online gaming operators with Swedish casino licenses are responsible for ensuring the safety of their customers. They must put in place all the necessary security measures to prevent fraud and cheating. They must also ensure that all registered bettors are 18 years of age or older. Licensees are also responsible for promoting responsible gaming. Additionally, Swedish casino license holders are required to pay 18% of the profits they make as taxes to the Swedish government.

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