The European Betting and Gaming Association (EGBA) supports the Spelinspektionens advice against government-imposed mandatory deposit limits. The Swedish gambling regulator is concerned over channelisation.

Swedens health minister Ardalan Shekarabi proposed a list of restrictions related to online gambling, including a weekly deposit limit of 5000 SEK (471). Spelinspektionenwarned the restrictions could do more damage than good if players turned to illegal operators where they wouldnt have the protection and security.

In agreement, EGBA states the new regulations could harm gambling and tax revenues. EGBA secretary general Maarten Haijer said EGBA understands the governments point of view, as it aims to protect citizens during hard times. But she also stressed the regulations could have an opposite effect on the players. Many Swedes are already gambling on unlicensed websites and these restrictions will make unlicensed websites which dont apply any limits even more attractive to them. We must remember gambling is human behavior, consumers will always make their own choices and top-down regulation rarely works.

Haijer warned the limits on gambling would end up pushing the players towards the unlicensed sites because while they are less secure, those websites wont interfere with the players experience. EGBA also stated European countries didnt register an increase in online gambling after lockdown began.

See the original post:
EGBA: concerns over forced limitations - Gambling Insider - In-depth Analysis for the Gaming Industry