The Swedish regulator is looking to impose higher fines on gaming companies that violate the Money Laundering Act.
The proposal, which has been referred to the Legislative Council, aims to increase consumer protection and tackle crime in the gaming market.
The regulator, Spelinspektionen, has also proposed that gaming companies with a Swedish licence should be able to access personal data about finances and health provided by players, to be able to better intervene in potential problem gaming.
Director General of the Swedish regulator, Camilla Rosenberg, said: “We welcome the proposals in the referral that enable further measures to strengthen the regulation of the gaming market.
“It is also gratifying that the government has now heeded the Gambling Authority's proposal to raise the sanction ceiling for violations of the Money Laundering Act.”
