Payment providers in Sweden must provide information about the payments they process to authorities in order to help facilitate payment blocking for unlicensed operators, according to a law introduced by the government this week.
According to law, authorities may block payments to operators that are found to be targeting the Swedish market without a licence.
However, in practice, payment blocking has not been used as a tool in the fight against unlicensed gambling, as this involves a long process settled through the courts.
The new law, though, will require payment providers to “provide information that is used in the transmission of bets or winnings or from a gambling operation without the necessary licence” when it is needed to facilitate payment blocking.
