Sweden to look at online casino advertising ban- Expressen newspaper

Betsson AB

24/04/2019 11:10

STOCKHOLM, April 24 (Reuters) - Sweden's government will
look at whether to ban advertising for online casinos, daily
Expressen said on Wednesday citing sources, sending shares in
the sector lower.
    Expressen said that the government will investigate whether
it should ban "aggressive advertising" amid concerns about
addiction to online gambling.
    Shares in Swedish betting group Betsson  BETSb.ST  were down
3.6 percent at 1001 GMT. Rival LeoVegas  LEOV.ST  was down 6.4
percent.
    Sweden's Minister for Public Administration, Ardalan
Shekarabi, will hold a press conference at 1140 GMT. 

 (Reporting by Simon Johnson, editing by Johannes Hellstrom)
 ((simon.c.johnson@thomsonreuters.com; +46 8 700 1045; Reuters
Messaging: simon.c.johnson.reuters.com@reuters.net))