New Legislation to Ban Credit Gambling
The Swedish government has proposed new legislation aimed at curbing gambling-related debt by prohibiting gambling funded by credit. This initiative, titled “A New Ban on Credit Gambling,” seeks to broaden existing limitations under the national Gambling Act and is planned to be implemented by April 1, 2026.
Current Rules Fall Short
At present, credit gambling is only banned if the credit is provided directly by a licensed gambling operator or their agents. However, authorities argue that this approach is too limited, as it allows players to obtain credit from external sources to finance their gambling. The proposed law aims to close these gaps by banning all forms of credit-facilitated…