Swedish govt review to propose scrapping much of gambling monopoly

Sales on non-regulated gambling in Sweden, such as Internet casinos, provided by companies abroad, rose by 16%.

STOCKHOLM: Sweden's state gambling monopoly should be largely scrapped and replaced with a system under which online gambling companies are licensed and taxed, a government-appointed review will propose this week, according to a source familiar with the matter.

The rise of online betting has eroded the monopoly, established in 1934, with other companies now able to operate easily inside Sweden from abroad.