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Sweden Opens Door for Slot Online Digital Gaming

VAXJO, Sweden — The Swedish parliament has voted to allow lotteries, bingo and casino gaming to be organized via the Internet. The changes to the Swedish lottery law have opened the door for the Swedish National Lottery, AB Trav och Galopp (the Swedish horse racing organization) and non-commercial organizations to distribute their games via digital media. The new lottery law will come into force this August, so applications from existing operators are now being accepted.

“As a recognized and experienced European supplier of software to the gaming industry, it’s like winning the lottery jackpot for us. This is obviously a great opportunity for us to supply our products to some of the operators who will be licensed to distribute digital lottery games on the Swedish market and, subsequently, to extend operations into the whole of Europe,” said Peter Bertilsson, CEO and President of Boss Media.

Within Europe, England is the only other country to permit Internet gaming, with restrictions on English gambling organizations being lifted 2 years ago. So far, the major lottery and gaming organizations have been reluctant to get into the digital market due to the uncertainty as to which way the law would go. Now that the Swedish lottery law has been changed in favor of a regulated market, rather than prohibition, other countries will probably follow suit and thereby promote the digital trend further.

International competition via the Internet has weakened control over gaming and lottery activities in Sweden, leading the Swedish parliament to identify the …

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Isle of Man reverses betting policy for Slot Online

 

 

The change, while affecting only a handful of Internet casinos, adds a wrinkle to an emerging trade battle between the United States and much of the world over Internet gambling and Togel.

 

The U.S. government says that domestic laws prohibit Internet gambling, and some states have been pursuing financial institutions that facilitate online gambling transactions.

 

The decision by the Isle of Man comes amid a trade dispute over Internet gambling between the United States and the tiny Caribbean nation of Antigua and Barbuda.

 

The island nation has complained to the World Trade Organization that the United States is violating its trade obligations by prohibiting its residents to place wagers over the Internet.

 

In November, the WTO issued a preliminary ruling in favor of Antigua and Barbuda and Togel.

 

On Friday, the United States filed a formal notice of appeal, asserting that the country’s long-standing trade policy and social mores were consistent with its prohibition against online gaming.

 

Despite the prohibition, Americans wager more online each year than do residents of any other single country. Around the world, online casinos and the jurisdictions that license them are eager for the U.S. business.

 

The Isle of Man said that as of Jan. 1, it would be allowing casinos based there to take bets from Americans for slot online.

 

The island, located between Britain and Ireland, is a so-called Crown Dependency, meaning that it makes its own domestic laws but relies on …

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