{"id":11711,"date":"2021-06-29T12:29:07","date_gmt":"2021-06-29T12:29:07","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=11711"},"modified":"2021-06-29T12:29:07","modified_gmt":"2021-06-29T12:29:07","slug":"swedish-govt-collapse-is-a-positive-sign-for-the-igaming-industry","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/swedish-govt-collapse-is-a-positive-sign-for-the-igaming-industry\/","title":{"rendered":"Swedish Govt Collapse Is A Positive Sign For The iGaming Industry"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/01\/sweden.jpg\" alt=\"Sweden\" title=\"Swedish Government Collapse Is A Positive Sign For The iGaming Industry\" width=\"300\" class=\"alignleft size-full wp-image-3473\" \/>Sweden imposed a number of stringent regulations on the iGaming industry in light of <a href=\"https:\/\/covid19.who.int\/region\/euro\/country\/se\">COVID-19<\/a>.<\/p>\n<p>Those restrictions did not go down well with iGaming operators who felt that they were too harsh and would hurt both them and the iGaming market in the country.<\/p>\n<p><strong>Branschf\u00f6reningen f\u00f6r Onlinespel<\/strong> (BOS) which is the Trade Association for Online Gambling in Sweden protested those changes but it fell on deaf ears as the government was <a href=\"https:\/\/www.legitgambling.com\/news\/sweden-plan-to-extend-pandemic-igaming-restrictions-till-november-2021\/\">adamant that these changes would offer better protection to Swedish players<\/a> during the COVID-19 lockdown.<\/p>\n<p><strong>Stefan L\u00f6fven<\/strong>, the Prime Minister of Sweden announced on June 28 that he had <a href=\"https:\/\/www.thelocal.se\/20210628\/swedish-prime-minister-stefan-lofven-resigns\/\">submitted his resignation<\/a> in light of the no confidence motion that came from Riksdag \u2013 which is the highest decision making assembly in the country. <\/p>\n<p><iframe loading=\"lazy\" width=\"901\" height=\"507\" src=\"https:\/\/www.youtube.com\/embed\/kjzmZaSHo6Q\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\">\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/kjzmZaSHo6Q?rel=0&amp;showinfo=0?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe>\n<\/div>\n<p>&nbsp;<\/p>\n<p>With the PM stepping down, a number of resignations and changes are expected in the new few days. A caretaker government will now take over until Sweden votes and elects a new government and PM. <\/p>\n<p><strong>Aradalan Shekarabi<\/strong>, Minister for Social Security was the one who pushed for the stringent iGaming regulations to be rolled out. He initially introduced a cap on minimum deposits when the first lockdown was rolled out and then pushed for it to be extended till Nov 14, 2021.<\/p>\n<p>Unconfirmed reports suggest that Shekarabi was pushing for a new bill to be introduced to Riksdag to make these deposit limits a permanent cap on the Swedish iGaming market.   <\/p>\n<h2>Positive Sign For iGaming Market<\/h2>\n<p><strong>Gustaf Hoffstedt<\/strong>, secretary general for the BOS said the collapse of this government could turn out to be a positive sign for the iGaming industry in Sweden. This is because the caretaker government will <strong>not be able to extend the minimum deposit cap restrictions past Nov 14, 2021<\/strong>. <\/p>\n<p>Hoffstedt also believes that Aradalan Shekarabi was a huge opponent of the iGaming market and made it his mission to make it difficult for <a href=\"https:\/\/www.legitgambling.com\/continents\">licensed and international gaming operators<\/a>. Hoffstedt alleged that Shekarabi tended to be partial towards state run gaming operators and dished out special treatment to them.<\/p>\n<p>If Shekarabi steps down, it is very likely that whoever replaces him will not be as harsh as he was towards the iGaming market. Hoffstedt also pointed out that the opposition party used to criticize PM L\u00f6fven and his government regarding their stance on the iGaming market. <\/p>\n<p>Sweden will have to wait and see who becomes the new PM but it appears that whoever comes to power will adopt a softer stance towards iGaming.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sweden imposed a number of stringent regulations on the iGaming industry in light of COVID-19. Those restrictions did not go down well with iGaming operators who felt that they were too harsh and would hurt both them and the iGaming market in the country. Branschf\u00f6reningen f\u00f6r Onlinespel (BOS) which is the Trade Association for Online [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,2,3,8],"tags":[],"class_list":["post-11711","post","type-post","status-publish","format-standard","hentry","category-casino","category-legislation","category-poker","category-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Swedish Govt Collapse Is A Positive Sign For The iGaming Industry<\/title>\n<meta name=\"description\" content=\"Sweden imposed a number of stringent regulations on the iGaming industry in light of COVID-19 but things maybe look different now\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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