Friday 6 August 2021

What is the Swedish gaming license?

 All gaming companies that hold a Swedish gaming license must pay 18% in tax to the Swedish state. The percentage is applied to the gaming companies' net winnings, which is what the gaming companies have earned after all winnings to players and all expenses have been paid off. A good cash cow for the Swedish state, of course, and that is also the biggest single factor why the Swedish gaming license came into being. They have also very rightly shown that the gaming companies draw in large sums of money to the Swedish state, and in 2019 and 2020 Sweden received billions in taxes from the various gaming companies. 


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