Swedish regulator Spelinspektionen has raised concerns over how the proposed closure of the state-owned operator Svenska Spel’s Casino Cosmopol business could lead to a rise in illegal gambling within the country’s land-based market.
In May, Sweden’s government proposed discontinuing the Casino Cosmopol land-based casino business. The government said Casino Cosmopol “no longer fulfils its purpose” and noted ongoing challenges for the business to reach profitability.
Casino Cosmopol Stockholm remains the only venue still operating in Sweden. At one point, four locations were open, but Sundsvall closed in 2020. Svenska Spel also announced the permanent closure of its casinos in Gothenburg and Malmö in January this year.