Yesterday, the Swedish parliament decided on new gaming legislation in Sweden.
The new legislation will enter into force on January 1, 2019 and is in line with the previous proposal.
The new law sets game tax at 18 per cent, calculated on gross gaming revenue. It also introduces a central register for responsible gaming that allows customers to restrict themselves from all licensed gaming operators in the Swedish market.
Gustaf Hagman, CEO of Sweden-based mobile gaming company LeoVegas, said: "It is a long-awaited decision that will create a more sustainable gaming market in Sweden. In particular, I think that the central register is important as it will have a positive effect in responsible gaming, which is an area we continue to invest in. Our assessment is that the tax and the license requirements increase barriers to entry for new players, which benefits us with a world-class customer experience, efficient organisation and strong brands."
