The Swedish Trade Association for Online Gambling (BOS), representing 18 Swedish gambling companies, has voiced its stance on the proposed shutdown of the state-owned Casino Cosmopol in Stockholm. This decision could have significant implications for the country’s gambling landscape, as Casino Cosmopol is Sweden’s last remaining land-based casino.
While the BOS supports the government’s view that state ownership of casinos is unnecessary, it raises concerns about the broader impact of Casino Cosmopol’s closure. If the casino shuts down, Sweden will have no legal land-based casinos, as the country currently prohibits private operators from running such establishments.
The BOS argues that the closure should prompt the Swedish government to reconsider its stance on private casinos. Currently, only Casino Cosmopol operates legally, maintaining a state monopoly. Without a shift in policy, Sweden risks losing its entire traditional casino gaming sector.
The Role of Land-Based Casinos in Sweden
Gustaf Hoffstedt, secretary general of the BOS, emphasized the broader significance of land-based casinos beyond their contribution to turnover. He noted that these casinos play a crucial role in the gambling ecosystem, supporting tourism and reducing the appeal of illegal gambling venues. Hoffstedt believes that allowing private casinos could strengthen Sweden’s position as a tourist destination while ensuring a regulated and safe gambling environment.
“We propose that the government, at the same time as they close their own government casino, open up for private companies to offer land-based casinos in Sweden,” Hoffstedt stated.
This is not the first time the BOS has clashed with government decisions. Previously, the association criticized Sweden’s gambling tax hike, which Hoffstedt described as a “gift to the black market,” arguing that it could undermine the competitiveness of legal operators in favor of offshore ones.
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