Sweden is a yellow-level online gambling jurisdiction because they have regulation in the form of a monopoly but not for foreign operators.
Sweden is located in northern Europe. It borders Norway to the north, Finland to the north-east, the Baltic Sea to the east, and the North Sea to the south-west.
Online gambling regulations in Sweden are based primarily around a state-backed monopoly by operator Svenska Spel. This company also controls all land-based gambling. Their reasoning for this monopoly is that it's a way to give the state tighter control over how gambling is presented to players for their own protection.
They've been indicating that they are going to switch to a more open regulatory environment in the next few years, and this is largely because of the pressure they have faced from the European Commission and being sued in late 2014 over their monopoly. As of the time of this writing, however, no considerable progress has been made on that front, and officials have stated that they will not open things up to license foreign operators until they settle budget issues.
No licensing process exists in Sweden, and the operator Svenska Spel is the only company allowed to operate any type of gambling establishments, online or land-based. This is a point of contention with the European Commission, and Sweden is being compelled to offer a licensing process that allows foreign operators a chance to become licensed. What this licensing process will consist of is anyone's guess at this point, and when it will come into play is equally difficult to determine.
However, what we do know is that it will probably come down to an even bigger fight between officials from Sweden and the European Commission because of how reluctant they've been to act at all and build progress towards a more opening licensing process.
Because the government wants to keep public faith in Svenska Spel, they provide a lot of protection for players. This revolves primarily around accepting player complaints and taking them seriously with investigations. There does not seem to be much of a history of complaints, however, and that would indicate that players should feel safe playing with this company. Things could change in the future if a more open licensing procedure is created.
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