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The Gambling Standards Operational in the UK and Sweden: A Comprehensive Overview

The Gambling Standards Operational in the UK and Sweden: A Comprehensive Overview

Ever wondered about the gambling standards of some countries? Well, different regions of the world often have different gambling standards. This is due to different aims and objectives, as well as cultural and other differences. With that being the case, the gambling systems of Sweden and the UK will be examined in detail. These two countries are quite similar and boast more than a few casino online sites. Read on and see how they compare.

The Gambling Standards Operational in the UK and Sweden: A Comprehensive Overview

Gambling Commission In the UK And Sweden for Playing Casino Online

The UK Gambling Commission was established in 2007. It is possibly the toughest and most reputable gambling regulator. This commission has seen its role and function seriously expand over the last decade. Its functions include ensuring that all gambling-related activities are conducted fairly and transparently. It also ensures that the gambling populace is protected and that all money laundering activities are prevented to the fullest possible extent.

As for Sweden, online gambling was only made legal in Sweden on January 1, 2019. The Swedish counterpart to the UK Gambling Commission is the Spelinspektionen. Its responsibilities are pretty similar to its British equivalent too.

The Anti-Money Laundering Fight

Money laundering is seriously frowned upon in most parts of the globe. Both the Swedish and British gambling regulatory authorities take measures that reduce money laundering to the barest minimum.

Part of this involves requiring all casino online to know their customers and identify those whose financial transactions are suspicious, as well as those in high-risk regions and the politically exposed.

Both the Swedish and British gambling regulatory authorities take slightly different routes to accomplish their anti-money laundering aims, but there is little doubt as to their effectiveness.

Encourage Self-Exclusion practices

Both the Swedish and UK gambling authorities fully support self-exclusion practices. These are mostly used by problem gamblers and are aimed at preventing access to their online casino accounts. Problem gamblers in either country can easily add themselves to the self-exclusion list and be either permanently or temporarily barred from one or multiple online casinos.

Social Responsibility

On the subject of casino online social responsibility, both the Swedish and British regulators appear to agree. As such, they constantly put in place nearly similar measures that mitigate the social impact of gambling.

Casino Online Advertising

On this matter, the UK Gambling Commission has a leg up on its Swedish counterpart. As of now, measures are in place to limit misleading and deceitful advertising in the UK, especially those aimed at folks who are under 18 years of age. The Swedish online gambling regulator is at present scrambling to ensure the enactment of similar regulations. This will probably be achieved sometime soon.

Fair Dealing & Transparency

The gambling regulatory entities in both the UK and Sweden operate similarly in ensuring that online casino clientele is treated fairly and transparently. This might take the form of a thorough listing of the attached terms and conditions for all casino online bonuses and the like.

Conclusion

The gambling standards operational in the UK and Sweden are stringent, fair, and mostly similar in concept and practice. These standards make it possible for folks to gamble without stress, apart from making all casino online a much safer place to chill out and have fun.

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Post Name : The Gambling Standards Operational in the UK and Sweden: A Comprehensive Overview

Posted On : 11/07/2019

Author : Cameron Riddell