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Sweden Gambling Laws

When it comes to gambling, Sweden does not does not have so many casinos to boast of. Nevertheless, that does not mean that gambling is an unpopular activity over there. According to some latest reports, it is believed that around 95 percent of the total population has taken part in gambling activities at least once in their lives. The reports also reveal that on monthly basis, every gambler in the country spend around $194 SEK (Swedish Krona) on an average, on gambling. It is good to know that each and every casino in the country is licensed under the state government. And, the casinos spread across the five major cities of Sweden are regulated by the Gaming Board of the country.
Even though gambling is not considered as a major sector in Sweden, still it plays a major role in the country’s economy. And, most of the money comes in the form of tax. So, let us provide you some information about gambling tax in Sweden.

Fees for Gambling

Most of the online casinos in Sweden charge a nominal fee for the registration purpose. Usually, the amount starts from 30 SEK and go up to 100 SEK, depending upon the membership period. Most of the membership period remains up to 6 months. However, in most of the casinos you will find deposit bonus up to 400 percent.

Tax for Gambling

At present, the Swedish government charges a massive 30 percent of the tax on gambling winnings. But, it is for those who take part in any online casino outside of the EU (European Union). However, there are some poker tournaments in which you may have to pay a winning tax as high as 50 percent! That really makes gambling an expensive business in the country. On the other hand, winnings made through gambling at Swedish sites do not come associated with any kind of gambling taxes. This is the reason why members at the online gambling conferences are in talks about reviewing the situation of online gambling tax in the country. If Sweden opens up its online gambling market to the world and charge tax for it then by 2016, the country can generate revenue up to 1.68 billion SEK per year. That’s a lot of money.

Casino Games Allowed

When you are in Sweden, you can take part in most of the casino games. Some of them are mentioned below: Video poker5-Card Draw poker, Slot Machines, Blackjack, Roulette, Poker, Horseracing, Bingo, Lotteries.

Best Casino Sites In Sweden

When it comes to play casino games, there are a several options available for the citizens of Sweden. However, we would like to mention some of the most popular ones. They are:Casino Las VegasCasino Cosmopol StockholmRed KingsBingo LottoNoble CasinoClub Dice CasinoCasino KingBovada CasinoSpin Palace CasinoBet Victor