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It seems that Svenske Spel may soon...
 December 13, 2007, 10:26 am (4 years ago)It seems that Svenske Spel may soon find themselves in court to deal with the repercussions of their denial that they are acting against European Union laws that state they are not permitted to exclude gambling services from other European countries, according to Article 49 of the European Treaty. If the EC is not satisfied with Sweden’s justification of their actions, then the next step may very take place in the European Court of Justice. The Swedish government has held to the statement that their laws are set to prevent crime and offer protection to Swedish gamblers.
The EC has required earlier in the year, that Sweden, along with other European countries with similar bars to the free movement of trades and service between European Union members justify their act of excluding online gambling operators from other European countries.
The Swedish gambling industry is currently one of their government’s largest sources of revenue. If able to hold onto Svenska Spel’s monopoly for another two years, tax revenues will remain in place, making up for any shortcomings from other tax sources. The act has been described as a ploy by the Swedish government, to buy more time to make up the revenue that may be lost. If forced into court, the proceedings could take years to finish.
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