The Cultural Affairs committee of Sweden has given its support to proposed changes in gambling regulations in the country.
The government is planning to update the existing regulations for online gaming and it has published a draft bill to do so.
While the changes will not come into force before January 1, 2019, the licensing process will start on August 1st later this year. A final vote on the bill will take place this week, and the approval from the Committee seems like a good step to introduce new regulations.
“This proposed reform is long-awaited. The proposal means that today’s outdated monopoly will be replaced by a modern legislation that will include the whole of the expanding gambling market,” said the committee in the opinion published on Friday.
“The aim is to create a gambling market with high consumer protection, high safety in the games and clear conditions for operating on the market through a licensing system where we open up the Swedish market for serious operators who want to take part and be responsible. Therefore, we close the system for actors that are not serious.”
Source: FocusGamingNews
