Share Tweet Share Scandinavian countries are no exception when it comes to online gambling, they all love it. Swedes are much appreciated in the online gambling world as customers, mostly because they know their way around technology and they can afford to spend money on hobbies like video slots and table games. Therefore, it comes as no surprise that the number of Swedish-oriented casinos increases with each day. Some websites target Swedish players exclusively, and a lot of them is owned by Swedish-based companies. In addition, Swedish players can access numerous international casino websites that accept gamblers from this Scandinavian kingdom. Legalisation Background in Sweden Online gambling is not illegal in Sweden, but the country does showcase an interesting situation on this point. Official gambling regulation dates back to the 1930s. Since then, all known institutions have merged into one. A state-owned company, Svenska Spel, holds a monopoly as the only licensed gambling operator in the country since 1999. Technically, Sweden has a closed gambling market and its residents are permitted to visit betting sites run by Svenska Spel only. Since the gambling interest across Sweden is huge, players often find noteworthy alternatives in a lot of offshore casino websites that cater to the Swedish market. Through Svenska Spel, the government regulates all betting activities in the country – from lottery, sports betting and bingo to slots, table games and scratch cards. This government-powered institution started using online gambling for the purpose of profit in 2003. The European Union has formally asked Sweden in 2007 to open its gambling market to competition, but the necessary changes haven’t been applied yet and it’s unclear if they will be any time soon. This legal dispute between the EU and the Swedish government has little impact on Swedish online bettors as they have legitimate access to a great range of online casino websites. Characteristics, Examples According to statistics, there are more than 200 online casinos for Swedish players based outside the country. They are either in English (Swedes are known for their excellent English skills) or both English and Swedish, for added convenience. Since Swedish people prefer modern tech solutions like smartphones and tablets, Swedish-friendly casinos are mostly instant play and optimised for mobile gambling. To satisfy the common Swedish preference for video slot games, online casinos will incorporate hundreds of popular titles from leading providers such as Net Entertainment or Playtech. Swedes are also avid blackjack and poker players, which makes these two games essential for a good Swedish-friendly internet casino. On the more practical subjects, how do Swedish online casinos handle banking? Best Internet casinos for Swedish players won’t turn their backs on the Swedish Krona. Swedes can make payments and ask for withdrawals in their local currency, which is a nice perk. Worthy examples of casino websites for Swedes include Sverigekronan, Vinnarrum and Bertil (focused exclusively on bettors from Sweden), as well as Mr Green, Betsson and Unibet (international websites that offer services to Swedish players, among others). Currencies Online casinos rarely accept only one currency. They tend to offer several options so that players can chose whichever is most suitable for them. For Swedes, the Swedish Krona is the obvious choice. Most venues will support local Scandinavian currencies like the Swedish Krona, the Norwegian Kronor, and the Danish Krone, if they already accept players from this region. In this case, transactions can be carried out without additional exchange fees and long processing. However, there will always be a few alternatives offered as well, like Euros, UK Pounds and US Dollars for those who prefer to gamble using major currencies. Banking Methods in Sweden Most used payment methods in Swedish casinos are Visa credit and debit cards. They are in every person’s pocket, and therefore extremely convenient. MasterCard and Maestro are also available at most online venues, so are Neteller, Skrill and Paysafecard. Since Scandinavian countries belong to a specific market, there are several other options Swedish players can use. Nordea, Trustly and PugglePay are some of them. Traditional methods like bank transfer or courier cheque are almost always present. Conclusion Sweden’s gambling market is in the top five in the European Union. Consequently, residents of Sweden are an important part of the European online gaming community. A lot of well-known brands acknowledge this by offering their full suite of services to players from the Swedish kingdom, under the same favourable circumstances they offer it to players from other jurisdictions. You’ll find websites based in the UK or Malta catering to gamblers from Sweden, and not just offering their high quality games to them, but also Swedish-oriented banking methods and payments in SEK. The popularity of online gaming surpasses land-based gambling in the northern parts of the Old Continent, which is why Swedish players are regularly offered a plethora of virtual casino games by in-country websites and worldwide famous brands alike.