Sweden gambling monopoly license to expand: denied
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After reporting last week that Sweden’s gambling monopoly Svenska Spel would be teaming up with Boss Media to provide online poker to an unnamed member of the World Lottery Association, thelocal.se, Sweden’s English language news site, has announced that, after all, Svenska Spel’s license will not be expanded for this purpose.
On Thursday, the Swedish government rejected Svenska Spel’s request to expand its existing licence to organize and distribute net-poker services.
Instead, the government asked Svenska Spel to devote more time to an internal, ongoing investigation into the existing licence, which is now due on June 30th 2008. Until the results are in from that investigation, the government will not allow the company to expand its net-poker services.
The government emphasized that Svenska Spel must consider the social effects of gambling, before profits.
