Swedish Online Gaming Association Welcomes Tightened Rules for Granting Credit and Debt Registers

SWEDEN (October 16, 2023) — The industry association for online games (BOS) is today submitting its report to the Ministry of Justice on the investigation “Strengthened consumer protection against risky lending and over-indebtedness” (SOU 2023:38).

In the investigation, a stricter regulatory framework is proposed with a ban on third parties promoting the granting of credit for games. It is also suggested that Sweden should introduce a debt register.

BOS is positive about all proposals in the investigation with bearing on the gaming market.

The SOU is published here

BOS’s opinion is published here

“It is in the interest of the licensed gambling companies that gambling consumers do not spend more money than they can afford. Games must offer excitement, joy and entertainment in safe and secure forms. Gambling should not lead to financial worry or vulnerability. Our member companies have no interest in directly or through agents encouraging their customers to gamble on credit. Therefore, we welcome the proposals in the investigation that have bearing on the gaming market,” says Gustaf Hoffstedt.

SOURCE: Branschföreningen för Onlinespel (BOS).