Turnover slumps at Swedish casinos following regulation changes

Article by - - filed under Business, Online Casinos, Online Gambling.

sweden flag and casino icons Sweden’s once buoyant online gambling market has been hit my new regulation

A review of turnover at Sweden’s online casino market has revealed a major downturn in fortunes for licensed operators. In particular, new restrictions around deposit limits imposed by the government in July, are hitting gambling firms the hardest. Swedish law makers introduced a new maximum deposit limit of SEK5,000 (equivalent to $554, €470 or £427)… Read more »

Five online casinos face UK license review

Article by - - filed under Online Casinos.

online casino play on laptop

The UK Gambling Commission has continued its crackdown on online casino operators who are not doing enough to stop criminals using their websites for money laundering purposes. According to The Guardian online, 17 online casino companies have been written to by the commission, who were flagged up for not meeting the strict standards around anti-money… Read more »