The nation of Sweden is increasing its efforts to combat match manipulation in athletics, and the wagering sector is in full support.
The Swedish Online Gambling Trade Association (BOS) has expressed public approval of the government’s suggested information exchange legislation, viewing it as a vital measure in addressing illicit actions that jeopardize the fairness of sports.
Formally titled “Proposal Fi2024/00220: Right for License Holders to Process Information on Illegal Activities,” the proposed law will permit the exchange of data concerning suspected unlawful actions under certain conditions.
“BOS members embrace the chance for improved information sharing offered by this proposal, believing it will be key in battling illegal actions,” stated Gustaf Hoffstedt, Secretary General of BOS.
He stressed, “A wagering market devoid of manipulation is crucial for wagering products to retain their attractiveness to customers. No one, apart from those with malicious intentions, desires to place wagers in a market where integrity cannot be assured.”
BOS represents eighteen gaming companies within the Swedish market, with its board featuring representatives from industry leaders such as 888 William Hill, Betsson, bet365, and Games Global.
Hoffstedt added, “It is equally vital that gaming firms and sports organizations can exchange personal information without legal ambiguity when there is a justifiable suspicion of unlawful activity and/or breaches of sports rules.”
The Swedish Gaming Operators Alliance (BOS), in conjunction with other sector participants and national athletic organizations, has been voicing worries about illicit wagering for a long time. It’s heartening to witness the government finally taking measures to tackle this problem.
Their objective is to elevate the channeling proportion, signifying attracting more individuals to place bets via authorized providers.
In March 2023, BOS documented a 77% channeling ratio for internet casino amusements and 84% for sports wagering (excluding equine racing).
Competitive gaming is especially susceptible to match manipulation, which explains why the Swedish gaming authority recently prohibited two additional skin betting platforms from functioning within the nation.