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Swedish government looking forward to double gambling operator license renewal fees

Published date: 2022-03-10
Swedish government looking forward to double gambling operator license renewal fees

The Swedish government has provided more details of its plans to overhaul its gambling licensing regime. The government intends to introduce mandatory gaming software licenses for companies that supply gambling operators in Sweden and to raise license renewal fees for operators.

 

According to the Social Security Ministry, the proposal to introduce B2B supplier licenses is intended as a measure to control unlicensed gambling in the country. It has suggested that the license fee would be SEK120,000 (€11,170) and that around 70 software licenses would be issued initially.

 

The government has launched a consultation on how the system would work, with the regime expected to come into effect on March 1 next year. It said it expected the license procedure and fees to have no more than a “marginal effect” on competition.

 

“The proposals are not considered to have any other effects of significance for the license or licensee’s working conditions, competitiveness or conditions in general,” the government said.

 

Meanwhile, the government plans to double gambling operator license renewal fees from SEK300,000 to SEK600,000 (€55,000) to fund the national gambling regulator Spelinspektionen. According to the regulator’s annual report published last week, Spelinspektionen received SEK7.3m in application fees in 2021, but the cost of processing the applications was SEK21.5m.

 

The government stressed that the proposed fee is still “relatively low” for the size of Sweden’s online gambling market and would not seriously affect operators. It said that all license fees would only reach 0.03 per cent of total turnover.

 

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