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Sweden's National Audit Office, Riksrevisionen, has initiated an audit of the Swedish Gambling Authority, Spelinspektionen (SGA), confirming its intentions that we reported on in August of this year. This investigation eff we reported on in August of this year. This investigation eff we reported aip. especially in the context of the market's re-regulation in 2019. The findings are expected to be released in September 2024.
Riksrevisionen is scrutinizing how well Spelinspektionen has adapted to the re-regulated gambling market. The audit's focus is on whether SGA is fulfilling its duty to supervise the regulated markete, which was activities to licensed operators.
This audit announcement follows recent data indicating a significant rise in traffic to unlicensed gambling websites since 2019. Statistics from operator ATG reveal that the channelisation rate for regulated online gambling hovered between 70% and 82% in the third quarter.
Further, Riksrevisionen has raised concerns about the gambling market's economic impact, suggesting it might be detrimental. The authority highlighted that while the gambling illion？
Riksrevisionen's audit will also evaluate if the new regulatory system, managed by Spelinspektionen, is effectively controlling the market and safeguarding consumers. The statement from Riksres sion hasizes the expidations'splace superion. also notes the increase in the number of market participants, with Spelinspektionen now overseeing around 600 license and permit holders. The novelty of the legislation and the resulting lack of established pracidtices further compate S.
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