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Swedish Government Proposes Full Ban on Credit-Funded Gambling

Posted on June 16, 2025 | 9:38 am
Swedish_Government_moves_to_outlaw_credit_gambling

The Swedish Government is preparing to expand its existing gambling credit restrictions with new legislation that would outlaw nearly all forms of credit-financed betting. This proposal, outlined in a bill titled Ett nytt förbud mot spel på kredit, is part of a broader initiative to promote a safer and more sustainable gambling market in the country.

While Sweden already enforces a credit ban through its Gambling Act, the current framework is limited. It only prohibits operators and gambling agents from offering direct credit at the point of sale. This leaves open the possibility for players to use external lines of credit or credit cards for gambling, as long as the credit is not issued by the operator itself.

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Proposed Rules to Close Loopholes and Protect Consumers

Under the new rules, the government seeks to completely eliminate access to gambling through borrowed money. Licensed operators and agents would no longer be allowed to enable gambling with credit at any point in the transaction, including by linking players to third-party lenders. Additionally, bets placed using credit cards would be banned both online casinos and in physical betting venues, provided the payment can be identified as a credit transaction at the time of purchase.

The legislation would also impose a duty on license holders and agents to take active steps to discourage credit gambling. This may include visible signs in stores or digital alerts on websites, though authorities emphasize that these measures should be low-cost and make use of existing technology, such as software that blocks credit card use for gambling transactions while allowing purchases of non-gambling products.

“Despite today’s regulations, there is a strong connection between problem gambling and over-indebtedness,” the government stated. The new proposal is designed to help reduce financial harm by addressing these gaps.

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Limited Exceptions for Certain Lotteries

The bill includes a provision allowing the Swedish Gambling Authority (Spelinspektionen) to grant exemptions to some lottery organizations. These would be considered in cases where the lottery supports public-benefit activities unrelated to political parties. Subscription-based lotteries or add-on games may qualify, provided that safeguards are in place to limit the use of credit and control exposure.

If passed, the proposed law would take effect on 1 April 2026.

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Part of a Larger Reform Effort

This initiative builds on a growing national momentum to tighten gambling regulations. In February 2025, the Swedish Trade Association for Online Gambling (BOS) called on the Ministry of Finance to amend the Gambling Act to enhance player protection. This was followed by an April 2025 report from Spelinspektionen, which urged additional changes to close legal loopholes in the country’s online gambling laws.

With this latest legislative proposal, Sweden appears committed to tackling problem gambling and reducing financial risk by eliminating credit-based betting options altogether.

Source:

Regeringen stärker skyddet för spelare – föreslår nytt förbud mot spel på kredit, regeringen.se, 12 juni 2025

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