The European Court of Justice or ECJ is subjecting the online gambling laws of Sweden to scrutiny. The decision came after the European Commission confirmed that the country failed compliance with the legislation and practices for European businesses. EC reiterated that the gambling authorities and government of Sweden must look into their position and be clear about it especially regarding the regulation of Internet gambling industry. In the present, the state-owned gaming operator, Svenska Spel, is the exclusive provider of Internet gaming services in the country. Due to this monopoly of rights, EC officially stated that the Swedish government has breached the rules and regulations applied on all European businesses. This is in regard to the restriction of monopoly as well as the limitation of the free movement of services and goods within the European Union.
Internet gaming in Sweden is one of the sectors generating the most revenues for the government since its operation took place. The likes of casino classics such as online blackjack, video slots, baccarat, roulette, and many other table and card games are made accessible in the Swedish gaming industry. (more…)