sweden

PAYMENT METHODS AND ONLINE CASINOS IN SWEDEN

Top Casinos and Best Banking Options for Swedish Players

Swedes, like most Europeans, enjoy gambling. Until recently, there were limited opportunities for locals to enjoy playing games of chance for real money due to the fact that the state-run authority held a monopoly on gambling in the market for years.

Swedish lawmakers are working on introducing changes and while this is underway we will not stay idle and wait. We’ve do our job and bring you the most trusted, most convenient Swedish casinos online that also offer the top online casino banking methods for Swedish players.

Swedes are known as a progressive nation, one that adapts quickly to novelties. Being very tech-savvy, Swedish players are the perfect fit for online casinos. Also, Sweden boasts the second-quickest broadband speed in the world and internet penetration around 95%. Excellent conditions for the online casino industry to flourish in. The Swedish gambling space singles out sports betting, casino and bingo as to top three popular verticals among bettors.

Ranking Swedish online casinos is not the easiest of tasks, but we’ve pulled back our sleeves and worked hard to bring you an overview of the best online casinos for Swedish players and also the most convenient methods to transfer money. If you belong to the urban Swedish culture and feel comfortable using gadgets to play games and pay for services, you will have it very easy to absorb all the useful info and apply it in your gaming.

Best Swedish Online Casinos

Swedish players have access to some of the best casinos online. The hardworking CBM team has succeeded in finding these websites and also tried them out, giving you our full experience based on their service. We list the casinos that have earned the highest ranking on account of the quality of the games they offer, the worth of their bonuses, the dedication of their customer support agents and, of course, the range of banking methods they offer for deposits and withdrawals.

PlayOJO

91.67%

18 + | New Customers Only |

T&C Apply
  • No wagering requirements
  • High limits
  • Excellent live casino

LeoVegas

91.17%

18 + | New Customers Only |

T&C Apply
  • Impeccable reputation
  • 200+ live dealer tables
  • Seven gaming licences

7Bit

89.83%

18 + | New Customers Only |

T&C Apply
  • 10-minute cashouts
  • Impeccable reputation
  • Over 200 live dealer tables

22Bet

89.67%

18 + | New Customers Only |

T&C Apply
  • Over 6,500 games
  • 300+ live dealer games
  • Stunning array of banking options

Nomini

88.50%

18 + | New Customers Only |

T&C Apply
  • Great selection of banking options
  • Two Cashback offers
  • 7 bonuses to choose from

Betsson

88.50%

18 + | New Customers Only |

T&C Apply
  • Highly reputable casino
  • Exclusive games
  • Premium banking options

Fortune Legends

88.50%

18 + | New Customers Only |

T&C Apply
  • No wagering requirements
  • Real money cashback
  • Weekend withdrawals

Playamo

88.50%

18 + | New Customers Only |

T&C Apply
  • High withdrawal limits
  • Over 3,500 RNG games
  • Successful player complaint resolution

Vegas Crest

88.50%

18 + | New Customers Only |

T&C Apply
  • Over 900 casino games
  • Excellent reputation since 2014
  • Bitcoin payments

Tsars

88.00%

18 + | New Customers Only |

T&C Apply
  • Daily cashback
  • Impressive live casino
  • Crypto friendly casino

Top Casino Banking Methods in Sweden

In terms of popularity and frequency of use, there are several banking methods that seem to fully meet the needs of Swedish players. You, as an individual player with your own personal aspirations, should decide which payment method suits you best. The choice Casino Banking Methods is giving you consists of the top payment solutions found on the Swedish market. Take a look and see which one matches your profile.

86%
Trustly logo
Review & Best Casinos
  • Instant bank deposits
  • No fees
  • No registration required
Read Review
83%
Swish logo
Review & Best Casinos
  • Supported by major Swedish banks
  • Unique BankID protection
  • No fees charged
Read Review
85%
Nordea Logo
Review & Best Casinos
  • Good option for Nordic players
  • Highly secure method
  • Excellent reputation
Read Review
86%
Zimpler logo
Review & Best Casinos
  • Instant casino deposits
  • Excellent reputation
  • Great option for Sweden, Finland
Read Review
87%
PayPal Logo
Review & Best Casinos
  • Trusted around the world
  • Fast casino withdrawals
  • Great option for UK, SE, IT, ES
Read Review
92%
Visa Logo
Review & Best Casinos
  • Fast casino transactions
  • Available around the globe
  • 165 supported currencies
Read Review
91%
Mastercard logo
Review & Best Casinos
  • A leading payment solution
  • Maximum security
  • Fast & easy casino transactions
Read Review
90%
ecoPayz Logo
Review & Best Casinos
  • Quick casino deposits & withdrawals
  • Available around the globe
  • Designed with iGaming focus
Read Review
89%
Revolut logo
Review & Best Casinos
  • Instant deposits
  • Maximum security
  • Various in-app features
Read Review
89%
MuchBetter logo
Review & Best Casinos
  • Available around the globe
  • Designed with iGaming focus
  • Quick casino deposits & withdrawals
Read Review
87%
Skrill logo
Review & Best Casinos
  • Instant deposits & withdrawals
  • Safe and reliable e-Wallet
  • Widely accepted at casinos
Read Review
86%
Bitcoin Logo
Review & Best Casinos
  • Fast and secure transactions
  • Free casino deposits & withdrawals
  • High maximum cashout limit
Read Review

Laws and Regulations on Online Gambling in Sweden?

Regulation icon

Until very recently, state-backed SvenskaSpel was the only institution authorised by the Swedish government to issue licenses for all forms of offline and online gambling, thus legalising such operations. Since gambling activities became the subject of a state-owned monopoly, there have also been various attempts over the years to overthrow this monopoly. They failed, but things are now changing due to the fact that the European Commission started pressuring Sweden to introduce competition from foreign operators in its gambling industry.

In January 2019, Sweden’s reformed gambling bill came into force, opening the market for offshore operators and gambling companies. Whether international operators should be allowed to legally offer their services to the Swedish has been a hotly-debated issue for years in the forward-thinking Nordic country, but now things are looking more versatile and more transparent. As of January 2019, foreign operators looking to service Swedish punters must apply for and obtain a license issued by the Swedish Gambling Authority (Spelinspektionen).

The Swedish Gambling Authority is a very strict supervisor and will not hesitate to suspend licenses due to operators not meeting with the industry’s high consumer protection and regulatory standards. The laws are changing to reflect the needs of the Swedish population but the emphasis remains on customer protection and prevention of irresponsible gambling.

Certificate icon

At this point, a number of casinos which are licensed in other jurisdictions can still legally cater to Swede players, but they must adhere to certain regulations, such as limiting the number of bonuses they offer, having to give a three-second cooling-off period to players in between spins on slots and having to verify their players through Bank ID or Mobile Bank ID, amongst other details.

Sweden Market Updates

  • November 2021: Swedish online gaming market rises 5% in Q3 2021. There are now 95 companies in Sweden with active gaming licences.
  • June 2021: Covid-19 measure not yet lifted, will remain in place until November 2021, at least.
  • June 2021: Swedish government opens a consultation on the proposal to subject gambling advertising to similar requirements that already exist concerting advertising alcohol.
  • January 2021: Swedish government opens a consultation on the prohibition of gambling advertising between 6am to 9pm and the introduction of a B2B licensing regime.
  • July 2020: Temporary regulations in response to Covid-19, restrict deposit and loss limits (casino only) and total login time.

Can Casinos That Accept Swedish Players Be Trusted?

Handshaking icon

Undoubtedly, casino brands licensed by the Swedish government are to be trusted. But what about the ones that aren’t? A healthy dose of caution should exist, but as long as you play at licensed websites you will not be doing anything illegal or potentially dangerous. Casino sites licensed by Gibraltar, Curacao or Malta are equally legitimate and ought to provide you with a safe and fair gambling environment.

Sweden is the third-largest country in the EU, so companies running online casinos and doing business in the industry would obviously love to join the Swedish gambling market. Sites that haven’t yet obtained the Swedish Gambling Authority aren’t necessarily a bad choice.

Fair gaming icon

They may have chosen not to pay the fees and the taxes imposed by the Spelinspektionen. One way or the other, a casino can be considered reliable if a well-regarded authority supports it, whether it is the Swedish Gambling Authority, MGA, UKGC or Gibraltar.

Naturally, picking out casinos online licensed by the Spelinspektionen is in your best interest as a Swedish player. By doing this, you can be certain that the casino operates under the current laws and regulations of your country. Not only will this website be the safest for you but it will also offer the most secure and best-performing banking options available in Sweden.

Best Casino Bonuses for Swedish Players

Just to spice up our offer a little further, we’ve also included the latest casino bonuses available in the Swedish market, provided by the top casino sites around. Whether it is a mix of free spins and deposit bonuses or a new slots tournament, you will know about it here first! Follow the instructions to claim the bonuses you find the most attractive and enjoy the perks you’re getting for being an online casino player from Sweden.

50 Free Spins No Wagering
Get Bonus
PlayOJO

Free Spins

No Wagering

Welcome Package

None

Ongoing

€10

No maximum

96%

5% Live Casino Cashback
Get Bonus
5% Live Casino Cashback

Cashback

No Wagering

Not required

None

Ongoing

€2

No maximum

95%

10% Cashback on Losses
Get Bonus
Fortune Legends

Cashback

No Wagering

Not needed

None

Ongoing

€100

No maximum

95%

5%-15% Weekly Cashback
Get Bonus
5%-15% Weekly Cashback

Cashback

High Roller

Not needed

None

Ongoing

€500

No maximum

93%

35% Instant Cashback
Get Bonus
35% Instant Cashback

Cashback

Not required

10x

Ongoing

$10

No maximum

91%

100% up to €100 + €10 Free Spins
Get Bonus
LeoVegas

Deposit

Not needed

20x

Ongoing

No maximum

89%

10% Cashback up to €200
Get Bonus
Nomini

Cashback

Not needed

1x

Ongoing

€50

No maximum

88%

Up to 15% Daily Cashback
Get Bonus
Up to 15% Daily Cashback

Cashback

High Roller

Not needed

15x

Ongoing

€100

€30,000

88%

Local Payment Methods to Consider

Sweden banking icons

We do love exploring casino options, looking at new games and testing various gaming platforms, but most of all we love checking out different deposit and withdrawal methods, comparing them and rating their performance. You will agree that banking is one of the most relevant aspects of every casino, and the best Swedish casinos must contain the best Swedish online casino banking options. You Swedes have a wide selection of payment solutions at your disposal, yet we find options such as Nordea, Pay N play (Bank ID), Swish and Zimpler (former PugglePay) to be overly satisfactory.

These banking methods focus their services more locally and achieve a higher level of convenience and efficiency when compared to international banking systems. Nordea is a leading Nordic provider of online banking services, whereas Bank ID has over 8 million users in Sweden. Swish is an excellent mobile payment solution that operates with the Swish app and the Mobilt BankID Säkerhetsap. Zimpler follows closely, as another easy-to-use payment option that allows all Swedish smartphone users to make a casino transfer online using their mobile device and pay within 14 days from receiving the invoice. This solution does not affect the user’s phone bill, comes across as very flexible and provides safe financial transactions – exactly what a Swedish mobile casino player needs.

Depositing with SEK Currency

Swedish krona symbol

On top of being able to use secure and efficient payment methods, we assume you would want to make payments and receive money in your own currency. Even though the Swedish Krona isn’t as widely accepted as major tenders like Euro, British Pound or US Dollar, Swedish online casinos will make sure to support local Scandinavian currencies. Using Euros is also an option, but since you can make use of a number of casinos that let you make deposits, wager and collect winnings in SEK, why not do it? There will be no exchange fees to worry about and you can start playing right away with full control and understanding of your gambling budget dynamics.

Fun Facts

  • About 70% of Swedes gamble at some time during the year. The most popular gambling activities in Sweden include Postkodlotteriet, V75, Triss, Lotto, Casino Cosmopol, Värdeautomater (Vegas) and Oddset, among other examples. An average Swede loses 2200 SEK on games per year.
  • Players wager the most on sports betting (44%) and casino (38%), according to iGaming Business’ Sweden e-zine. Bingo, at 11% has the third-largest market share.
  • There is a Viking story about the king of Sweden betting the king of Norway he could throw two 6 back-to-back for the island of Hisingen around the year 1020AD when the two Nordic countries were at war. The king of Norway rolled one 6 and the second die split in half showing a 3 and a 4 on the two halves facing up. As 13 beats 12, Norway claimed ownership of the island of Hisingen.
  • Sweden’s female gambling addicts outnumbered men in 2019. Among the 45,000 people with a problem severe enough to be considered a gambling addiction, 64% were women.
  • One can see commercials for various online casinos on Swedish television; only casinos licensed by the state government may advertise in Sweden.

FAQ

Yes, you can play casino games on the web legally at your favourite Swedish online casinos using your mobile device. All the recommended casinos offer a web-based mobile platform that you can directly load via your browser app. Some casinos even offer dedicated, branded apps that can be downloaded for free.

Sure. It is rather easy to find an online casino in Swedish. Search for a licensed operator that targets Scandinavian players. Look at our overview of recommended operators. They might also offer Swedish-speaking customer support.

There are selected casinos that do not require a registered account. Players can just deposit and play thanks to Trustly’s product Pay N Play. Some will give clients a choice to create an account, while others will require nothing more than a Bank ID and provide instant access to the casino lobby.

According to current laws and limitations proscribed by the Swedish Gambling Authority, the age limit to gamble online in Sweden is 18+. If you want to gamble at a land-based establishment, you must be 21 years of age or older.

Individual players wagering online, you do not pay tax. The gambling services provider or casino has to pay the 18% gambling tax on proceeds from games made available to punters in Sweden.

Keep in mind that license holders are required to take measures to prevent problem gambling on their platforms. The Swedish regulator has introduced a “National Self Exclusion Registry” where players can register. Furthermore, you can contact Gamblers Anonymous Sweden which provides free counselling and advice.

arrow