The Swedish National Audit Office launched an audit to Spelinspektionen, the SGA market supervision agency. Its aim was to determine whether it is effective.
Riksrevisionen’s investigation of Spelinspektionen will examine how it has responded to the new challenges posed by the Swedish gambling industry in 2019. Results of the investigation will be released in September 2024.
Riksrevisionen announced the investigation and outlined Spelinspektionen’s mission. Riksrevisionen is going to examine how Spelinspektionen meets its obligations to oversee the regulated markets, created in order to increase channelisation.
Unlicensed gambling has increased ten-fold
Spelinspektionen announced its audit in response to new research that shows the number of visitors visiting unlicensed sites has increased by tenfold between 2019 and now. The operator ATG has revealed that the channelisation rate for online gambling regulated by law in Q3 ranged between 70 and 82%.
Riksrevisionen has also released figures which suggest that the Swedish gambling industry is having an adverse impact on the Swedish economy.
It stated that the goal of Swedish gambling policy is “… “a safe and healthy gambling market, under public control”. The goal of the Swedish gambling policy is to “… create a healthy and safe market under public control”.
Spelinspektionen will be assessing the audit to determine if consumers are being protected and if the system has regained control.
Riksrevisionen stated in a press release: “Expectations are high for the Swedish Gambling Authority to supervise the newly reregulated system. The authority has also changed its conditions of supervision.
Before the new regulation, Svenska Spel and ATG, as well as the four biggest national lotteries, accounted for more than 95% of the turnover in the regulated market.
After the new regulation, the Gambling Inspectorate now has the responsibility of supervising approximately 600 licensees and permittees. Because the law is relatively new, there are also a lot of untested practices.
Spelinspektionen supervises the market well.
In figures released recently, gross gaming revenue (GGR) from Swedish licence-holders remained steady at SEK6.7bn (PS498.8m/EUR573.8m/$611.1m) compared to the previous quarter.
Land-based casinos saw the biggest increase in revenue, with a year-over-year increase of 30.5%. In Q3, the GGR of non-profit lottery games in Sweden was lower by 8.26%. GGR is down 0.6% on an annual basis, but remains at SEK6.7bn. This was the same for Q2 of 2023.
Spelinspektionen Director-general Camilla Roseberg welcomed the proposed Swedish Gambling Act changes earlier this month. The amendments are intended to improve consumer protection.
Operators would have to get written consent from their customers before they can offer telephone gaming. Providers would also have access to personal information provided by clients regarding their finances and health. Companies that break the Money Laundering Act of Canada will face increased fines.
Spelinspektionen, in response to an investigation by the government, has recently demanded a prohibition on gambling with credit cards.
According to the investigation, the arguments against the introduction of a gambling credit card ban were stronger than the arguments in favor.
Spelinspektionen responded by reiterating its legal position, that under the Gambling Act it is illegal for licence holders to encourage players to borrow.
It said that those who do so are in violation of their duty of caring, which is outlined at Section 1 of legislation. In a survey conducted by the authority, it was found that 60% of licensed businesses accepted credit cards.