GamblersPost Gamblers Post is a dedicated news and networking portal in the online gambling industry which features news, opinions, interviews as well as product and software reviews.
The new legislative conditions will be adopted in the Swedish gambling industry, which should put an end to the monopoly in the gambling industry of the country Svenska Spel. Despite the fact that legislators intend to hold further debate on this issue, the updated legislation can enter into force only by 2019.
State gaming operator Svenska Spel had 40 percent of the entire market in the first nine months of 2016 and in the third quarter it raised more than 1.7 billion dollars in revenue, which is 5 percent more than the previous year. Now the company will have to share the Swedish market with local and international online game operators, as the government expects to adopt a new bill eliminating the monopoly in the country’s excitement.
