The Committee on Cultural Affairs, which includes members of parliament from the local political parties, has been reviewing and considering the proposed piece of legislation over the last month. Now, it greenlighted the bill and rejected the six proposals looking for amendments to the existing gambling legislation.
Previously, the Government has revealed its willingness to update the existing regulation for online gambling operations, so it has proposed a bill on the matter. The proposed changes in the national gambling legislation are expected to be brought into action on January 1st, 2019. The licensing process regarding the new regulation is set to be given a start on August 1st, 2018.
The Committee itself described the bill as a piece of legislation which is to bring a long-awaited change in the gambling legislation of the country. Turning the bill into law would end up replacing the state monopoly with a legislation which is much more up-to-date and which takes into account the expansion of the gambling market.
The authorities are focused on creating a gambling market which also features excellent customer protection, which runs under a special licensing system. The latter, on the other hand, would eventually open up the local gambling sector to large international operators that meet the Swedish regulatory rules and provide safe services and responsible gambling.
Souce: GMB / Casino News Daily
