Sweden Set to Increase its GGR Tax by 4% Next Year: How Will iGaming Brands be Impacted?
Despite being the home of many world-renowned online casino game developers, like NetEnt and Yggdrasil Gaming, Sweden was one of the more recent major European markets to join the iGaming scene. This came with the re-regulation of the market on January 1, 2019, which opened the doors to a licensed scene for online gambling.At the time, Sweden laid down a tax rate of 18 percent on gross gambling revenue to all licensed gambling companies operating within the country. It’s established a