Sweden proposes licence system for gambling
05/04/2018 11:39
STOCKHOLM, April 5 (Reuters) - Sweden's government proposed
on Thursday that the state gambling monopoly largely be replaced
by a licensing system, in line with what a study suggested last
year.
The rise of online betting has eroded the monopoly,
established in 1934, with other companies now able to operate
easily inside Sweden from abroad.
Online gambling firms will pay an 18 percent tax on gross
gaming revenue if the proposal passes parliament, the government
said in a statement.
"The now proposed gambling legislation means that anyone
active in the Swedish gambling market should do so with a valid
license and that actors without licenses will be shut out," the
government said.
(Reporting by Daniel Dickson and Niklas Pollard)
((daniel.dickson@thomsonreuters.com; +46-(0)8-700 11 63;
Reuters Messaging:
daniel.dickson.thomsonreuters.com@reuters.net))