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February 18, 2025 – FairOdds Network

Daily Archives: February 18, 2025

BOS urges Swedish government to remove Gambling Act loophole and tackle black market

Sweden's gambling trade body BOS has written to the country’s ministry of finance urging it to remove a “loophole” in the Gambling Act that allows unlicensed operators to accept players in Sweden when targeting them in a language outside of Swedish.

In the letter, BOS said the Gambling Act only prohibits unlicensed operators from offering gambling without consequences when targeting consumers in Swedish and/or processing transactions in Sweden’s local currency.

This, BOS said, is driving black market growth in Sweden and preventing it from reaching its goal of 90% channelisation.

“It is [currently] permitted for gambling companies all over the world and their service providers to enable games from Swedish customers as long as it is done in a language other than Swedish and in a currency other than SEK. Most Swedes understand English and understand the value of commonly used foreign currencies, such as the euro,” the letter said.

“There is therefore no real possibility for ..

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Is the UK online market a growth source or are operators pulling back?

The long-established UK market is going through some seismic regulatory changes. Operators have had to grapple with new measures and impending reforms instituted by the Gambling Commission, raising the question is the UK still a source of growth or are operators pulling back?

The latest data from the Gambling Commission shows that the UK online market is experiencing growth in terms of player activity as gross gambling yield (GGY) from October to December 2024 was up 21% year-on-year to £1.54 billion.

Both online monthly active accounts and total bet and/or spins rose during that period. Total bets and/or spins hit a record of 25.9 billion during the quarter, up 8% year-on-year, while accounts grew by 3%.

Online slots GGY was up 15% to £709 million in the same period, while spins were up 9% to 23.9 billion. Average monthly active accounts were up by 10% to 4.4 million.

Despite this growth, the UK has faced a tough period of gambling reforms relating to the previous government’s Gam..

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