{"id":215,"date":"2024-06-19T04:53:22","date_gmt":"2024-06-19T01:53:22","guid":{"rendered":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/"},"modified":"2024-06-20T16:58:56","modified_gmt":"2024-06-20T13:58:56","slug":"swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling","status":"publish","type":"post","link":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/","title":{"rendered":"Swedish Gaming Federation Condemns Proposed Tax Hike on Gambling"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/FULlZDxxupQ\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Swedish Gaming Federation (BOS) is reiterating its firm disapproval of the government&#8217;s proposal to raise gaming levies. They contend that increasing duties will only serve to bolster the illicit gambling sector. <\/p>\n<p>The suggested scheme would witness taxes on wagering rise from 18% to 22% commencing in July 2024. BOS Chief Executive Gustaf Hoffstedt censured the blueprint, stating it weakens the government&#8217;s own objectives for a well-controlled gaming market. He cautioned that steeper taxes would push players away from lawful, authorized providers and into the clutches of unlawful gambling platforms. <\/p>\n<p>The government has previously declared an aim of maintaining illegal gambling below 10% of the market, guaranteeing that the vast majority of wagering activity occurs with licensed and regulated businesses. However, BOS posits the new levy scheme will make this objective unattainable and will instead result in a surge in illicit gambling. They cite figures from March of this year that demonstrate the legal market share has already plummeted to 77%, and even lower to 72% for internet-based casinos. <\/p>\n<p>Hofstetter further noted that research from Copenhagen economics scholars indicates the ideal taxation level for a nation should fall within the 15% to 20% bracket.  Exceeding the 20% threshold, he posits, leads to diminished returns from various avenues, ultimately resulting in a decline in tax income over time, as per the Laffer Curve principle. He contends that there&#8217;s no data to suggest Sweden can operate outside these parameters without negatively impacting the regulated market, drawing parallels to the period preceding the re-regulation of Sweden&#8217;s gaming sector. These arguments were presented by Hofstetter during an appearance on the Huddle podcast in October, shortly after the unveiling of the proposed tax changes. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swedish Gaming Federation (BOS) is reiterating its firm disapproval of the government&#8217;s proposal to raise gaming levies. They contend that increasing duties will only serve to bolster the illicit gambling sector. The suggested scheme would witness taxes on wagering rise from 18% to 22% commencing in July 2024. BOS Chief Executive Gustaf Hoffstedt censured [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Swedish Gaming Tax Hike: Fueling Black Market? - [Site Name]<\/title>\n<meta name=\"description\" content=\"Will increasing gaming levies from 18% to 22% really bolster the illicit gambling sector? The Swedish Gaming Federation thinks so. Read more about their concerns and the potential impact on the market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swedish Gaming Federation Condemns Proposed Tax Hike on Gambling\" \/>\n<meta property=\"og:description\" content=\"Will increasing gaming levies from 18% to 22% really bolster the illicit gambling sector? The Swedish Gaming Federation thinks so. Read more about their concerns and the potential impact on the market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience Top-Notch Online Casino Gaming | Licensed &amp; Secure\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-19T01:53:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T13:58:56+00:00\" \/>\n<meta name=\"author\" content=\"Benjamin &quot;Blaze&quot; Lewis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Benjamin &quot;Blaze&quot; Lewis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/\",\"url\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/\",\"name\":\"Swedish Gaming Tax Hike: Fueling Black Market? - [Site Name]\",\"isPartOf\":{\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-19T01:53:22+00:00\",\"dateModified\":\"2024-06-20T13:58:56+00:00\",\"author\":{\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/#\/schema\/person\/d4b4f5f39e8097927af8201caaaadf6d\"},\"description\":\"Will increasing gaming levies from 18% to 22% really bolster the illicit gambling sector? The Swedish Gaming Federation thinks so. Read more about their concerns and the potential impact on the market.\",\"breadcrumb\":{\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Swedish Gaming Federation Condemns Proposed Tax Hike on Gambling\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/\",\"name\":\"Experience Top-Notch Online Casino Gaming | Licensed &amp; Secure\",\"description\":\"Dive into the thrilling world of online gambling with our fresh casino news, detailed game reviews, and informative articles. Our licensed casino is your ultimate gaming destination.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/#\/schema\/person\/d4b4f5f39e8097927af8201caaaadf6d\",\"name\":\"Benjamin \\\"Blaze\\\" Lewis\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-content\/uploads\/sites\/16\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-content\/uploads\/sites\/16\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Benjamin \\\"Blaze\\\" Lewis\"},\"description\":\"Holding a Ph.D. in Mathematics and a Master's in Computer Science, this accomplished writer has a deep understanding of the role of algorithms and computational methods in modern casino gaming. They have extensive experience in combinatorial optimization, graph theory, and cryptography, which they apply to the study of online gambling platforms and game design. Their articles and news pieces provide readers with a behind-the-scenes look at the technological innovations shaping the future of the casino industry.\",\"url\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/author\/fhdsjgfd1\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Swedish Gaming Tax Hike: Fueling Black Market? - [Site Name]","description":"Will increasing gaming levies from 18% to 22% really bolster the illicit gambling sector? The Swedish Gaming Federation thinks so. Read more about their concerns and the potential impact on the market.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/","og_locale":"en_GB","og_type":"article","og_title":"Swedish Gaming Federation Condemns Proposed Tax Hike on Gambling","og_description":"Will increasing gaming levies from 18% to 22% really bolster the illicit gambling sector? The Swedish Gaming Federation thinks so. Read more about their concerns and the potential impact on the market.","og_url":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/","og_site_name":"Experience Top-Notch Online Casino Gaming | Licensed &amp; Secure","article_published_time":"2024-06-19T01:53:22+00:00","article_modified_time":"2024-06-20T13:58:56+00:00","author":"Benjamin \"Blaze\" Lewis","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Benjamin \"Blaze\" Lewis","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/","url":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/","name":"Swedish Gaming Tax Hike: Fueling Black Market? - [Site Name]","isPartOf":{"@id":"https:\/\/lionslotsnodepositbonuscodes.icu\/#website"},"datePublished":"2024-06-19T01:53:22+00:00","dateModified":"2024-06-20T13:58:56+00:00","author":{"@id":"https:\/\/lionslotsnodepositbonuscodes.icu\/#\/schema\/person\/d4b4f5f39e8097927af8201caaaadf6d"},"description":"Will increasing gaming levies from 18% to 22% really bolster the illicit gambling sector? The Swedish Gaming Federation thinks so. Read more about their concerns and the potential impact on the market.","breadcrumb":{"@id":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/19\/swedish-gaming-federation-condemns-proposed-tax-hike-on-gambling\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/lionslotsnodepositbonuscodes.icu\/"},{"@type":"ListItem","position":2,"name":"Swedish Gaming Federation Condemns Proposed Tax Hike on Gambling"}]},{"@type":"WebSite","@id":"https:\/\/lionslotsnodepositbonuscodes.icu\/#website","url":"https:\/\/lionslotsnodepositbonuscodes.icu\/","name":"Experience Top-Notch Online Casino Gaming | Licensed &amp; Secure","description":"Dive into the thrilling world of online gambling with our fresh casino news, detailed game reviews, and informative articles. Our licensed casino is your ultimate gaming destination.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/lionslotsnodepositbonuscodes.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/lionslotsnodepositbonuscodes.icu\/#\/schema\/person\/d4b4f5f39e8097927af8201caaaadf6d","name":"Benjamin \"Blaze\" Lewis","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/lionslotsnodepositbonuscodes.icu\/#\/schema\/person\/image\/","url":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-content\/uploads\/sites\/16\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-content\/uploads\/sites\/16\/2024\/06\/man-avatar-96x96.png","caption":"Benjamin \"Blaze\" Lewis"},"description":"Holding a Ph.D. in Mathematics and a Master's in Computer Science, this accomplished writer has a deep understanding of the role of algorithms and computational methods in modern casino gaming. They have extensive experience in combinatorial optimization, graph theory, and cryptography, which they apply to the study of online gambling platforms and game design. Their articles and news pieces provide readers with a behind-the-scenes look at the technological innovations shaping the future of the casino industry.","url":"https:\/\/lionslotsnodepositbonuscodes.icu\/author\/fhdsjgfd1\/"}]}},"_links":{"self":[{"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/215"}],"collection":[{"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/comments?post=215"}],"version-history":[{"count":1,"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/215\/revisions"}],"predecessor-version":[{"id":226,"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/215\/revisions\/226"}],"wp:attachment":[{"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/media?parent=215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/categories?post=215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lionslotsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/tags?post=215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}