BOS Reveals Casino/Betting Channelisation Rates Below Expectations

The Swedish trade group Branschföreningen för Onlinespel (BOS) has released a study showing that online casino and sports betting channelling rates are far below the expectations of the Government.

After the market reopened on 1 January 2019, it is estimated that between 80% and 85% of players are channelled to approved sport betting sites. However, this fell for online casino sites, with a figure channelled to legal platforms between 72 percent and 78 percent of the players.

Gustaf Hoffstedt, BOS Secretary-General said: “There is no doubt that the licensing system is under heavy pressure when it comes to the gambling verticals sports betting and online casino. It is irresponsible to even consider further restrictions towards the locally licensed operators in those verticals, since we know that such restrictions push the punters away from the licensed market to the unregulated illegal market with its non-existent customer protection.

“The future for the Swedish licensing system is now determined by the authorities and the Government’s ability to abstain from further restrictions towards locally licensed operators.”

Spelinspektionen’s estimate that between 85 percent and 87 percent of players are playing via licenced operators has lowered the figures substantially below that.

Hoffstedt added: “There is no doubt that the licensing system is under heavy pressure when it comes to the gambling verticals, sports betting and online casino.

“It is irresponsible to even consider further restrictions towards the locally licensed operators in those verticals, since we know that such restrictions push the punters away from the licensed market to the unregulated illegal market with its non-existent customer protection.”

Last week, by order of the Ministry of Health, the Swedish gambling inspectorate Spelinspektionen was forced to impose a weekly SEK 5000 (€500) deposit limit across all online gambling verticals, beginning on June 1 until further notice.

National Health Minister Ardalan Shekarabi, who approved the regulation, said the deposit caps were a required step because the government was unable to bear the risks of gambling addiction when carrying out its social lockdown orders.

He said: “First of all, Minister Ardalan Shekarabi must withdraw his proposed additional restrictions from last week towards licensed operators. Secondly the Gambling Market Inquiry headed by Anna-Lena Sörenson must abstain any suggestions on additional prohibitions regarding marketing for licensed operators.

“And thirdly the Swedish Gambling Authority must withdraw its suggested additional restrictions for sports betting towards licensed operators, like prohibitions on betting on friendly matches and lower divisions in football.”