Tag: Swedish Gambling
There’s a New Player in Swedish Gambling
March 22, 2014
The Swedish gambling market has become ever more competitive in recent years since the Swedish government relaxed rules restricting other companies from operating in the country. The state-owned Svenska Spel has dominated the market, arguably creating a monopoly in Swedish gaming. However in recent years, the government has let privately-owned businesses operate in the country, ensuring that even during the recent economic downturn the industry remained unaffected. Despite the Swedish Government’s strict regulation of the gambling industry, other companies have been able to profit from the gap in the market left by Svenska Spel. Despite the giant’s dominance of the…