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The Swedish Gambling Authority (SGA) has come out in favour of the proposed ban on credit cards for gambling, which is expected to take effect on 1 April 2025.

The SGA said it supports the government’s proposal and agrees that the ban should encompass all forms of gambling requiring a licence, allowing the SGA to grant exceptions in specified exceptional cases.

Online gambling with credit cards is prohibited in many markets, including the UK, Ireland, Australia, and Norway.

While the SGA approves the proposal in its entirety, it has raised concerns about a “lack of analysis” in the government’s memorandum regarding the impact on public lotteries.

“Public benefit lotteries also sell tickets through digital sales channels, meaning they must ensure that payments are not made with credit cards or financed through credit provided by a third party at the time of purchase.”

Another concern is the proposal’s ambiguity regarding an extended credit ban, which would prevent players from using account credits for gambling stakes.

“By definition, a credit linked to a bank account is also considered an account credit,” the SGA said.

The regulator warned that this could be interpreted as requiring licence holders and gambling agents to ensure that credit limits are not used when making payments with debit cards.

However, since the proposal does not impose an investigation duty on licence holders and gambling agents, the SGA does not interpret it as requiring payment receivers to check whether a debit card has a credit limit for each transaction.

SGA bans skin gambling website

In a separate development, the SGA has banned Estonia-based WiseAvant OÜ for providing skin gambling in Sweden without the necessary licence.

The SGA said it began monitoring the website farmskins.com after suspicions arose that the games were aimed at the Swedish market.

According to the regulator, the company offered lotteries with so-called “skins” on its website.

Skins are cosmetic collectibles from video games, which can be sold and bought outside the video games they belong to.

According to the regulator, farmskins.com offers different forms of play, where players can win “skins” with a bet. If the player loses a game, the bet is also lost.

Marketing for the website appeared, among other places, on the video sharing platform Twitch and in the Swedish language.

WiseAvant OÜ issued a response to the SGA’s investigation.

The business stated that it did not consider its activities to be gambling for money since the winnings are in the form of goods (skins).

These skins cannot be exchanged for real money on the site and are intended only for use within the respective video games.

Therefore, the firm said it did not require a gambling licence. However, it did not comment on whether it targets the Swedish market.

The SGA, however, considered the skins on the website to have financial value because the site lists a value in US dollars for each skin, and different game outcomes are represented as wins or losses.

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