All Swedish Gambling Authority Gaming License Casinos Listed

Safety of Swedish Gambling Authority licensed online casinos

To many people, the online gambling industry resembles the Wild West, and players, therefore, naturally have some doubts about their safety. However, the good thing is that online casinos, especially the ones operating under the SGA license, have improved drastically in recent years. Today players are well-protected from rogue operators, and online casinos are being closely monitored and regulated by different gaming authorities.

To illustrate how things have changed, previously, any adult Swede could place real money wagers at online casinos, regardless of their casino license. However, in 2019 a new law was set, and Swedish-based online casinos were forced to get the SGA gaming license. So, today things have really tightened up in terms of the requirements Swedish licensed casinos must abide by.

SGA Casinos – Swedish gaming license requirements

The Swedish Gambling Authority oversees all casinos that operate in the Swedish gambling market. The Authority ensures the legality, safety, and reliability of all casino operators in Sweden.

The Swedish Gambling Authority has fairly stringent requirements for the obtaining of their license. To get the license, applicants for the Swedish gaming license must give a detailed account of their business practices to the Swedish Gambling Authority. During the application process, the applicant must also provide its estimations of costs and profits for the casino that they are founding.

The applicants must also present the Swedish Gambling Authority with their fully detailed business plan and ownership structure. The applicant must also be able to prove to the Authority that they don’t have a criminal background. In addition to this, the applicant cannot have any unpaid due debts to the authorities in any country, and they must also pay some license fees to the Swedish Gambling Authority. Here’s the breakdown of the requirements again:

• Documents that prove that the owner(s) of the company don’t have a criminal history
• Notarized copies of passport(s)
• Bank references from founders
• Notarized copies of recent bills
• Owners must present their business plan to the Swedish Gambling Authority
• Details of gaming software systems and platforms used

Swedish Gaming License Fees

The license fees for the Swedish gaming license aren’t very high in and of itself. But under Sweden’s gambling laws, casino operators must pay a hefty 18% tax for running commercial gaming and gambling operations. Fortunately, the players of casinos that are licensed by the Swedish Gambling Authority don’t have to pay any tax on their winnings. In Sweden, there are 6 different types of licenses and the license fees that they carry range from SEK 60,000 to SEK 700,000. The licenses are issued for a maximum of 5 years at a time, after which the applicant must renew their license, should they wish to do so.

All SGA casinos conveniently listed at Mr Gamble

Many casino players trust online casinos that hold the SGA license, and for good reasons. They provide players with tax-free winnings, and they are guaranteed to be safe and reliable to players. For these and many other reasons, many European players like to play at SGA licensed online. If you want to find all the online casinos with Sweden’s gaming license, please visit our casino reviews page. We promise that finding the best SGA casinos at Mr Gamble is fast and easy!