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Sweden Considering Gambling Privatisation Move

May 29 - As a member state of the European Union (EU), Sweden has come under increasing pressure to bring itself in line with EU laws governing cross-border gambling and online gambling services, or face being taken to the European Court of Justice.

The good news is that Sweden may finally be succumbing to the pressure, with recent reports that the Swedish government is considering privatising some of its 'less addictive' games, including its poker and sports betting businesses, as well as its lotteries.

Up until now, Sweden has stubbornly refused to open up its online gambling industry to the rest of the Europe, favouring instead its own state-owned gambling company, Svenska Spel, which is nothing more than a state-sanctioned monopoly.

For some time the Swedish government has been accused of employing 'protectionist' policies regarding Svenska Spel, and in doing so preventing 'free enterprise' from occurring with relation to gambling and online gambling practices and services.

However, one gambling company, which is tired of waiting for Sweden to comply with the EU, has plans to open betting shops in the country. The gambling company, Betsson AB is offering a new private-enterprise option to Svenska Spel and all ATG retail outlets.

Said CEO of Betsson AB, Pontius Lindwall, 'We are taking this opportunity to challenge the Swedish gaming monopoly as we see betting shops as an interesting development of our business.

'Betting shops complement our online offering and our aim is to create more freedom of choice for our players.'




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