Casino Utan Svensk Licens: Is It Better than Licensed-Holder Casino
Many are curious about the rise of casino without Swedish license in comparison to casinos holding a Spelpaus license, given the current fad for unlicensed gambling establishments in Sweden. Players are drawn to these online gambling establishments due to the many advantages they offer.
The Difference between Swedish License-Holding Casino and Non-License Casino
As a rule in the gambling business, a casino must carry a license in order to operate. However, in Sweden there are these so-called casino utan svensk licens. Let us differentiate a non-license Swedish casino from a Swedish license holding gambling establishment.
Casino Holding a Swedish License
On January 1, 2019, new gaming regulations were put in place under the Swedish gaming Act. The Act and the Swedish government both claimed that individuals were becoming addicted to online casinos. Multiple problem gamblers were also apprehended by the government.
As a result, the Swedish government devised a novel approach, imposing numerous limits on gambling at casinos licensed in Sweden. Gamblers playing at Swedish license-holder casinos must comply with some strict rules like 3-second waiting regulation, deposit and withdrawal limits, and prohibitions in gambling.
Casino Without Swedish License
The general public has the impression that any gambling establishment lacking a valid license is operating illegally. Actually, both ideas may give a wrong perception, and it is generally a legal act to gamble at unlicensed casinos.
The UK Gambling Commission, Malta Authority or Curacao are another authorization bodies that provides licenses to casinos and any casinos carrying licenses from these nations can also be considered as casinos without Swedish license. The limits and constraints are reduced when an offshore government or authority issues a license to an illegal casino or one without an account.
When Compared to Casinos with Licenses, Why Play at One Without?
Many things come to mind, but one of the most important is the bonus; you’ll learn about a lot of bonuses. The following is an exhaustive comparison of Swedish casinos with and without licenses:
Eliminating the 3-second Rule
In legally operating casinos, there is a policy known as the “three-second rule” that states players are not permitted to play for a specific amount of time. To sum up, before putting any second bets, players are required to wait three seconds. You won’t find any idea like the 3-second rule in an unlicensed casino.
Simple Account Setup, Maximum Deposit and Withdrawal Amounts
All of the paperwork that is typically required by a licensed casino is not necessary for you to submit. A licensed casino also has a lower minimum deposit requirement than an unregistered one. When trying to play at a legitimate casino with large sums of money, many players run into problems. When it comes to withdrawal, everything is the same.
Data Security
Not many unlicensed casinos demand Know Your Customer and BankID. Withdrawals and deposits at licensed casinos, however, are subject to a plethora of paperwork. The prevalence of unscrupulous hackers has made many players value their privacy.