Most Popular Bookies in Sweden

Gambling and betting have always been a hot topic in Sweden. Sweden has been betting for years. Especially in the current times, online gambling is in the top-list activities. The proportion of Swedish people in betting is increasing many folds with time. Swedish people play these games when they have leisure time.

The continuously increasing participation in betting is because of promising factors. Casinos, whether online or land-based, offer unique offers to subscribers. Many betting sites are available in Sweden. Gamers can access several sites and are not restricted to one.

Most Popular Bookies in Sweden
History of betting in SwedenBetting nowadays in SwedenFuture of betting in Sweden
History of betting in Sweden

History of betting in Sweden

Sweden has been involved in betting and gambling for centuries. Sweden built its first casino in the 18th century, but bets used to take place in different forms long before a casino was built. These games became very popular and widespread in Sweden until authorities of the church officially banned betting.

In 1897, the lottery business was formally legalized that led to the promotion of betting and gambling, and hence Swedish people again stepped into the betting business. But other games like betting and gambling took 50 more years to get legally accepted.

20th century

In the 20th century, betting became more popular among gamers, and it started to meet international standards by 1999.

Government officials decided to boost the gambling business. Hence, the government accepted land-based gambling legally in 1994. The government lottery act 1994 permitted betting games like dice games, bingo, card games, guessing games, etc., but there were some conditions.

The land-based betting games were allowed, but only if the organizer was licensed. It was declared illegal to promote foreign betting games and also lawful games. The state-imposed all of these conditions to make betting games safe for ordinary people. The 1999 casinos act set an age limit of 18 years for players. Keeping records was made compulsory.

History of betting in Sweden
Betting nowadays in Sweden

Betting nowadays in Sweden

Betting, a constantly growing business, is well established in Sweden.

This is evident because Svenska Spel is a state-owned company that owns the only four existing land running casinos in Malmo, Stockholm, Gothenburg, and Sundsvall.

These houses host all kinds of betting games and are allowed to organize the games online. Any 18-year-olds can play online betting games, but the player must be at least 20 years of age for in-house games. After online versions of betting games were made legal in 2002, there were two casinos for playing, but gradually it grew to 4 in Sweden.

New legislature

The government has allowed hundreds of online gaming sites to offer bets, making it easy for gamers to find their ideal site. But, foreign countries are not entirely allowed to advertise their games in Sweden.

In 2019, a new act was passed that allows private organizers to enter the betting market. Increasing numbers of gamers compel the gaming sites to improve their services. This act makes the security of the gamers even more strict and safe for players to invest their time and fortune. Betting games get advertised on television, but only state-owned and licensed ones can promote their games.

Betting nowadays in Sweden
Future of betting in Sweden

Future of betting in Sweden

The online betting industry has improved many folds in the last few years, and it has become more exciting than ever. Veteran betting organizers claim that betting in Sweden will become more accessible and easy to play for everyone under the age limit.

The online mode of gaming is seen to be replacing physical methods. According to the act passed in 2019, the betting businesses became monopolized, and all the private bet organizers got a hold of their companies. They can control, track, record, and run their events according to their own needs.

Effects of lockdown on betting growth

During the lockdown and pandemic season, betting has grown many folds because people had plenty of time and nothing much to do. In a home-stuck condition, people automatically turned their faces towards online betting.

They had fun experiences even in their houses and invested more than ever. The veterans have made a prophecy that Sweden will soon catch up to the international competitors in the race and may overtake them and that 'an evolution is about to take place.'

Future of betting in Sweden