EU Gambling Monopoly Laws Leads to Sweden Lawsuit

October 26, 2014 by

EU Gambling Monopoly LawsIn the European Union, there are certain laws about free trade that have to be observed as part of the agreement to be a part of that group. Sweden’s laws on online gambling have led to them being sued due to the EU gambling monopoly laws that they have broken. The country is known for having really tight restrictions on how they organize their licenses and what types of advertising and promotion they allow, and while they’ve been in the news for other types of shenanigans in this industry lately, this is a pretty big deal.

About the EU Gambling Monopoly Laws Sweden Broke

The way Sweden structures their gambling laws is more or less the following. First, players are allowed to play in any Sweden-backed online casinos, online poker or other types of gambling establishments without any of their winnings being taxed. However, play at foreign sites is taxed at a fairly high rate. What’s more is that they have recently went after online poker players who they suspected of being from Sweden and who they suspected of playing at foreign sites in an effort to tax big-time professionals in a move that really shocked a lot of people involved in the industry.

Moving Forward From Here

These types of lawsuits can take a long time to unwind, so how it’s going to go is anyone’s guess at this point. However, the European Union is known for having a high success rate with these types of court appearances, and a part of that is that they don’t normally invest the resources in going after something like this unless they already have a very strong case. Along these lines, chances are that Sweden will have to change something in how they approach online gambling.

We don’t necessarily know what they will have to change if they lose in this lawsuit, but at this point it’s seeming like any reasonable change would be favorable for the players.

posted in Casino News • No Comments

Leave a Reply

You must be logged in to post a comment.