{"id":8922,"date":"2025-04-04T04:51:28","date_gmt":"2025-04-04T04:51:28","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/04\/04\/sweden-to-shut-down-all-land-based-casinos-by-2026\/"},"modified":"2025-04-04T04:51:28","modified_gmt":"2025-04-04T04:51:28","slug":"sweden-to-shut-down-all-land-based-casinos-by-2026","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/04\/04\/sweden-to-shut-down-all-land-based-casinos-by-2026\/","title":{"rendered":"Sweden to Shut Down All Land-Based Casinos by 2026"},"content":{"rendered":"<div>\n<p>Sweden is moving forward with a decision to phase out all land-based casinos in the country. The Riksdag, Sweden\u2019s parliament, voted to approve a law that will bring an end to Casino Cosmopol\u2019s operations by January 2026. Stockholm\u2019s casino is the last one still open, and it will eventually shut down as part of this transition.<\/p>\n<p>Casino Cosmopol is owned and operated by Svenska Spel, the state-owned company that holds the exclusive licence for land-based casino gambling in Sweden. The company once ran four casino locations, but closures in Sundsvall, Gothenburg, and Malm\u00f6 have left only the Stockholm site still running.<\/p>\n<p>Lawmakers pointed to falling visitor numbers and poor profitability as the main reasons behind the decision. They concluded that land-based casinos no longer play a meaningful role in Sweden\u2019s gambling landscape, especially with more players moving online.<\/p>\n<p>Svenska Spel backed the decision and said it had already been preparing for this possibility. While the Stockholm casino will stay open for now, the company will begin the process of liquidation.<\/p>\n<p>Casino Cosmopol CEO Ola Enquist addressed the decision, acknowledging the shift in how Swedes now gamble.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em>\u201cWe share the government\u2019s assessment and have been prepared for the Riksdag\u2019s decision,\u201d<\/em> Enquist said.<em> \u201cNevertheless, it is of course emotionally tough because it means that an era will end when the casino in Stockholm eventually closes. Our focus right now is to support our employees and at the same time stay open and continue to take care of our guests.\u201d<\/em><\/p>\n<p>Around 240 employees work at the Stockholm location, and Svenska Spel has started discussions with unions about how to manage the closure. The company says it will work to support staff during the transition and help them find future employment.<\/p>\n<p><em>\u201cWe\u2019ve initiated union negotiations and are holding a dialogue on how a liquidation should be carried out so that it is as good as possible,\u201d<\/em> Enquist said. <em>\u201cWe are also keen to help our employees continue in their working lives after closure.\u201d<\/em><\/p>\n<p>Although the Riksdag approved the measure, the decision didn\u2019t come without warnings. The Swedish gambling regulator Spelinspektionen, along with the police authority, expressed concerns about possible growth in illegal gambling once legal land-based options disappear.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Spelinspektionen didn\u2019t oppose the closure itself but pointed out that more resources would be needed to tackle any increase in unlicensed gambling activity. The regulator also mentioned it may need to shift current resources to deal with those risks.<\/p>\n<p>We recently <strong><a href=\"https:\/\/igaming.org\/casino-news\/gambling-revenue-in-sweden-up-2-65-to-2-62-billion-in-2024-as-online-betting-grew\/\">reported<\/a> <\/strong>on Sweden\u2019s gambling industry 2024 revenue which grew by 2.65%, reaching SEK27.85 billion ($2.62 billion). Casino Cosmopol faced a sharp decline in revenue due to multiple location closures in early 2024. Its revenue dropped 66.3% to SEK160 million ($15.04 million) for the year.<\/p>\n<p>The final shutdown will officially take effect on 1 January 2026. After that, Sweden will have no legal land-based casino options, and no other company will be allowed to apply for a new licence.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/sweden-to-shut-down-all-land-based-casinos-by-2026\/\">Sweden to Shut Down All Land-Based Casinos by 2026<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sweden is moving forward with a decision to phase out all land-based casinos in the country. The Riksdag, Sweden\u2019s parliament, voted to approve a law that will bring an end to Casino Cosmopol\u2019s operations by January 2026. Stockholm\u2019s casino is the last one still open, and it will eventually shut down as part of this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8922","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8922"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8922\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}