The Swedish Gambling Inspectorate (SGI) has received its regulatory framework for the year 2025. The framework outlines key operational objectives, financial allocations, and strategies for tackling issues such as match-fixing, unlicensed gambling, and youth gambling. The Inspectorate plays a vital role in regulating gambling activities, ensuring fairness, and protecting consumers in the Swedish market.
Financial allocation for 2025
SGI was allocated a budget of 97.9 million SEK ($8.9 million) for the year with the monthly disbursement of 8.16 million SEK. This allocation enables SGI to maintain and enhance its operating capacity, among these the monitoring of gambling activities, conducting inspections and developing strategies to prevent illegal gambling and match-fixing.
Key objectives of 2025 regulatory framework
The Swedish Gambling Inspectorate 2025 regulatory framework spells out specific, measurable goals and operational objectives that aim at better supervision of gambling at different levels. The review update is about the necessity to continue having thorough oversight in transparency, which cuts across topics like youth gaming, fixing matches, and other illicit gambling activities. In any case, this would translate to the facilitation of regulated, crime-free gambling.
One of the notable aspects of the 2025 regulatory framework is that it entails SGI to report on effectiveness in its supervisory roles. This will encompass accounting for the number of inspections they have conducted in several aspects of the gambling sub-market which include online gaming, land-based casinos, and sports gambling. These inspections would effectively ensure that the operating casino firms are complying with or not violating the legal arrangements that have been established toward the protection of the clients.
Match-fixing prevention and reporting
Other than ensuring the licensed gambling operators, SGI has been involved in the prevention of match-fixing, which is currently one of the issues arising in the gambling world. Thus, SGI will need to monitor the number of suspicious activity reports concerning match-fixing and assess how effective its preventive measures have been. This would include coordination with other regulatory bodies and sports organisations in an effort to detect and prevent attempts to influence the outcome of sporting events.
The Swedish Gambling Inspectorate has also been given an assignment to survey youth gambling, which has been a concern in recent years. The 2025 framework requires SGI to conduct a survey that assesses the extent of gambling behavior among young people in Sweden.
Addressing unlicensed gambling
Unlicensed gambling operators pose a threat to the regulated market, as they do not adhere to the same standards for consumer protection, transparency, and fairness. The Swedish Gambling Inspectorate will focus on developing strategies to tackle unlicensed gambling, with an emphasis on monitoring illegal gambling websites and services.
Submission deadlines
SGI has specific deadlines for submitting key deliverables. For instance, the survey on youth gambling must be submitted by January 31, 2025.
Furthermore, SGI is required to submit findings on the development of strategies to improve supervision and address unlicensed gambling by March 31, 2025.
The world’s biggest iGaming community brings you SiGMA’s Top 10 news countdown. Our weekly newsletter brings you all the latest from the world’s iGaming authority. Subscribe to stay ahead and unlock subscriber-only offers.