Audit exposes inadequate oversight of Sweden’s gambling market

Tuesday, October 22, 2024 8:30 PM
Photo:  Shutterstock
  • Sonja Lindenberg, Next.io

A new report from Sweden’s National Audit Office (NAO) reveals that the Swedish Gambling Authority (SGA) is failing to effectively supervise the country’s gambling market.

The report criticizes the regulator for conducting too few inspections, failing to base its supervisory efforts on thorough risk analyses, and not following up on its decisions.

The NAO said that since the introduction of Sweden’s new Gambling Act in 2019, which brought in a licensing system for commercial companies targeting the Swedish online gambling market, the goal has been to ensure gambling takes place under public control.

The NAO reported that the biggest shortcoming is the authority’s lack of inspections, among both licensed and unlicensed operators.