New Swedish Casinos

– Best New Casinos in Sweden
– Här har Du topplistan över Nya casino på svenska!

Sweden is a country where new online casinos used to be readily available, despite not being licensed until 2019. However, since the market started to require a license, considerably less sites are being launched.

What About New Online Casinos in Sweden?

Sweden has tough rules on gambling which makes it hard for Swedish players to find casinos where they can play their favourite games. However, there are still casinos that players can flex their gambling muscles as they eye the high price from the casinos. These include the new Swedish casinos. As a player, finding new casinos in Sweden should follow a thorough verification process that will save you time and money. Not all casinos are adapted to serve your needs completely. There are those with less game variety than you expect while others have more a more diversified game selection. This article explores the various new online casinos in Sweden. It avails all the relevant information that you need to know about these casinos so that you do not go looking for the information on your own. All you have to do is to go through the entire list and find out which casino best suits your player profile.

Is It Allowed to Play on New Online Casinos in Sweden?

The gambling history in Sweden is marked with heavy restrictions from the government. This was to protect the Swedish citizens from exploitative businesses that sought after their hard-earned money. However, in the year 2002, the Swedish government legalized online gambling. This followed the legalization of land-based casinos in the year 1994. By law, only casinos have the authority to provide gambling services to the populous because they are the only entities allowed by law to offer these services. In Sweden, rights governing the operation of land-based and online casinos are used to control the advertisement of these services online and on traditional media. The rules of engagement in online casino and land-based casinos are what differentiate between the two. In online casinos, the age limit of players is set at 18 years old while in land-based casinos only players aged 20 years are allowed into the gambling stage. The Swedish residents are not limited when it comes to playing online casino games on international platforms. It should, however, be known that the Swedish government has licensed and regulated international online gambling sites. The licensing and regulatory authority of online gambling casinos has been delegated to Svenska Spel, despite the fact that to date, very few online casinos have been granted a license to operate. There have been many attempts to overturn the monopoly enjoyed by Svenska Spel, but all the efforts bore no fruits. Many industry players raise concerns about the prevailing casino laws and how they do not meet the minimum union laws set by the European Union on the matters gaming industry. On this matter, the European court of justice has always sided with the Swedish government arguing that it is necessary to have a monopoly on this industry as an effective means to protect the citizens of Sweden against unscrupulous businesspersons.

Do They Have Instant Withdrawals on Swedish Casinos?

Ordinarily, it takes a longer time for a player to complete deposit and withdrawal transactions from their gaming accounts. It is for this reason that most players would prefer to get into business with casinos that offer faster transaction processes. It is important for you to read the transaction procedures, both for withdrawals and to deposit before you commit your money to the casino. Know the limits offered by the casino and the time taken to complete a transaction. In some new online casinos, it takes longer to withdraw cash than it takes to deposit. In case of bonus, read carefully the instructions governing their bonus. Some casinos offer wagering requirements for their bonus. This means that you have to wager the bonus a certain number of times before you can be allowed to withdraw the cash. In some cases, casinos would require you to deposit cash before they can provide you with a bonus of up to 30% of your deposit amount.

Which Casino Software Providers Are Most Accessible in Sweden?

Swedish casino software providers are among the best the world has ever made. They provide innovative gaming solutions not only in Sweden but also across the globe. These software providers continue to expand their global reach through their innovative gaming technologies that dwarf most game developers. The leading casino software providers include NetEnt, Playtech and Microgaming. These gaming developers started a gaming movement that transformed Sweden into a hub for online casino inventions and innovations for the past decade. Here is a list of top Swedish online casino software providers who are making Stockholm the capital of gaming solutions in the world: NetEnt, NYX Interactive, Quickspin, Play’n Go and Yggdrasil Gaming. You might wonder the reason why Swedish iGaming software emerges top on the list of great gaming software in the world in spite of long restrictive laws on gambling. Well, in Sweden, there is a high level of educated workforce with a focus on research. The research is on better ways to develop the small-scale technology sectors in the country. This gives the country a competitive edge against all the other developers across the globe. Stockholm, the capital of Sweden, provides a home to a well-educated workforce of technology skills, who are working round the clock to build a name for them in the international market. Sooner or later, the Stockholm iGame developers might have their effect on the entire world gaming industry.

Is There Any Risk or Penalty If I Play On Non-Swedish Licensed New Casinos Online?

According to the Swedish gambling law, the Swedish Gambling Authority is mandated to oversee all the gambling activities in the country. The law also states that any gambling activity – gambling for money – that has not been licensed by the Swedish government is deemed illegal and players are prohibited from playing on such platforms. However, most of the regulations provided by law regulate the land-based casinos and slots. The online space is fairly unregulated apart from a clear age restriction provided by law. Only those who have attained the age of 18 years can play online casino games.

What Kind of Licenses Do New Swedish Casinos Have?

The Swedish government came up with the Gambling Act of 2018, which was put to effect as from Jan 1, 2019. The act provides a legal road map of all games that depend on luck both online and offline. The Sweden gaming jurisdiction is overseen by the Swedish Gambling Authority (SGA). Both the Online gambling & betting and Lotteries & land-based bingo have been opened to competition as long as the companies involved oblige to the laws and regulations provided by law. Any company, local and international that shows proof of experience, knowledge and organization in the gaming industry is eligible to a license. However, it must meet the minimum legal requirements set by the Swedish law, in the Gaming Act of 2018.

Where Can You Gamble in Sweden?

In Sweden, players can gamble both online and offline. You can purchase your lottery tickets, gamble online, or play the slot machines as soon as you hit the age of 18. Slot machines have been installed in bars and ferries where people involve themselves in gaming activities. You can also enjoy yourself in a game of blackjack in your local bar. Even though gambling is legal in Sweden, the Swedish population does not partake in gambling activities with a lot of seriousness. Often, you will find one or two people on slot machines and a crowd of guys indulging in a casual game of blackjack in the pub.

New Swedish brands

Based on a survey by New Casinos Online with 20 partners, it’s expected that about 20 new brands will be released in Sweden during 2020. Our own estimations indicate that below 25 brands are likely to be released in 2020. The high taxes on gambling revenue is a risk factor for many operators. Our goal is at least to be able to present and review as many new Swedish online casinos as possible this year. Let’s see in the end of this year how many it will be.

What is required to obtain a license?

Anyone working with new online casinos that got a license from Malta can also request a similar license from Spelinspektionen in Sweden. Compared to Maltese laws for gambling, there are a few differences when it comes to player protection, where Swedish casino players have to fill out some information about themselves. A form from Spelinspektionen.se can be downloaded from their website. You need to fill it out and send it back to them in order to have any possibility to be approved.

Operators recently receiving a Swedish license

During 2020, only one new company received a license – Spelglädje i Uppsala AB. In December 2019, there were a couple of new casino brands receiving licenses. First of all, Avento MT Limited with brands such as Frank Casino and SlotV got approved. 5 days before Christmas Eve, Pinbet (Sverige) Limited got a license for their Pinnacle brand. Another recent licensee from December 2020 is 10 Bet, that’s a rather established betting and casino site with rather poor reputation. In November, another company called Romix Limited got a license for CampoBet and YoYo Casino.

Physical casinos in Sweden

Casino Cosmopol run all four land-based casinos in the country. While the most visited one is the Casino Cosmopol in Stockholm, they also have one bransch in Malmö (close to Copenhagen), one in Sundsvall and another bransch in Göteborg (Gothenburg).