Sell Off May Spel the End for Swedish Monopoly

Sell Off May Spel the End for Swedish Monopoly

Wednesday, 28 May 2008

Having been put under the scrutiny of the European Union for the past few months, it has now been reported that Swedish gaming monopoly Svenska Spel may be broken down, with parts sold to other operators in the market.

Having been put under the scrutiny of the European Union for the past few months, it has now been reported that Swedish gaming monopoly Svenska Spel may be broken down, with parts sold to other operators in the market.

Swedish online newspaper TheLocal.se reported that finance minister Andres Borg has suggested the idea by questioning whether the government should be involved in forms of online gambling which they consider less addictive.

The monopoly has been under pressure from the European Commission to fall in line with EU laws regarding online gaming. The latest move may see some of the heat taken off the Swedish government, and may bring to an end the current disagreement between the country and the Commission.



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