The online casino scene is fairly new in Sweden, because prior to the GA, which came into effect on the 1st of January 2019, all lottery and gambling activities were state controlled affairs exclusively. Through the introduction of the new reformation rules, online casinos from private investors and entrepreneurs have only come into play for a year.
The Confusion of a New Gambling Market
As would be natural in such a new online gambling scene, the open market has its share of flaws and security risks as well. That however, does not by any means indicate that you cannot enjoy the awesome online casinos which are legal. All you need to do is practice a bit of caution by keeping the following tips for cyber safety in mind, and that's all there is to it!
Check for Legality of the Casino First
In order for an online casino to be safe, it needs to be legal first, which is a confusing situation in Sweden, on account of the following.
Lack of a localised regulation board; there is only one centralised gambling authority in Sweden
Irrespective of international status, an online casino is still illegal, unless it has a Swedish license
In spite of restrictions , offshore casinos are targeting the Swiss gamblers
Lack of jurisdiction over offshore casinos mean that the authorities cannot penalize them
It also means that the Swiss gamblers playing on such casinos have zero security or support
To ensure that you are playing in a legal casino that has a Swedish license to operate in the country, check out the lists on Nyacasino Sweden AB, as they ONLY list bonuses, offers, new games and more from the best, new online casinos that have a Swedish gaming & gambling license, granting them the legal right to operate in Sweden. As new casinos are going to pop up more and more due to the GA opening up Sweden's gaming industry to private parties, the list will be constantly updated to keep Swedish players in the loop.
Extra Safety Measures
As long as a casino has a Swedish license to operate in the country, it's a legal establishment, but there's no harm in practicing a number of additional measures for your own cybersecurity. Check for the features as listed below, alongside the tips for personal safety online.
Look for additional seals of authenticity from gaming authorities such as MGA and eCOGRA
The transaction pages should have 128-bit/256-bit SSL encryption
You should have an anti malware protection software installed on the device of choice
The online gambling scene is only growing in Sweden as of now. Give it a few years, and it will sort out most of its problems by then. Even now, the developing online gambling market is a great place for Swedis gamers to find unique bonus offers nonetheless!
Among all other nations where online casinos are legal, Sweden enjoys some of the fastest withdrawal speeds. This is true, in spite of the private gambling scene having opened up only recently in the country. Previously, only the state had exclusive rights to operate all gambling related activities in Sweden, but as of January, 2019, the GA has brought in some serious reforms.
Although Sweden’s blooming, online casino market is going through a lot of changes due to these current changes, it’s a pleasant surprise to see that they are already ahead of other nations with more established gambling markets, in terms of withdrawal speeds.
Do All Online Casinos in Sweden Payout So Fast?
The short answer to that question would have to be a no, not all casinos operating in Sweden offer fast withdrawal options. How fast casinos process their withdrawal requests, largely depends on a number of factors, which we are going to discuss next.
Is It Legal?
The most important aspect which should concern Swedish players before choosing an online casino should be their legality. It’s a bit of a confusing scenario really, so go through the following to understand why that can often be a difficult aspect to determine.
International casinos marketing to the Swedish players may not always have a Swedish gaming license
Any casino that does not have the Swedish gaming license is illegal
In spite of being illegal, Swedish players often do not have any means to know that before joining
Your bank may not accept any withdrawals from an illegal casino
All Other Factors that Affect a Swedish Casino’s Withdrawal Speeds
As long as the online casino is legal, you will most certainly get your money, but there is no guarantee about the speed. The actual processing speed of withdrawals will depend on the following factors.
Casinos with Bank ID
Casinos with quick deposit options like Swish
If the casino requires it, providing a reliable source of income will speed up the withdrawal process
How Will You Find Swedish Casinos with Fast Withdrawal Options?
If you don’t want to an infinite amount of time, trying to find legal, well reputed Swedish casinos on the internet, that offer fast withdrawals to their players, Casinopro is your best bet. They have a constantly updating list of legal, fast withdrawal casinos operating in Sweden. learn more by visiting https://www.casinopro.se/snabba-utbetalningar and you likely won’t have to worry about any of these any more.
As already mentioned, it’s easy to lose all your winnings, just because you didn't realize that the casino you were playing at, wasn’t even legal in Sweden! During this confusing time, practice caution and keep the above points in mind to keep your funds and winnings safe.