LeoVegas CMO Criticises Swedish Restrictions
by Glenn Baird -
November 20, 2020
Dersim Sylwan, chief marketing officer for LeoVegas has continued the company’s war od words with the Swedish regulatory body by stating that their current restrictions will have a negative impact on the market’s channelisation levels.
The restrictions were put in place on the 2nd of July as a response to the Covid 19 Global Pandemic.
The restrictions involve weekly deposit limits and Bonus offer limits, something that LeoVegas has been openly critical of since it was first introduced a few months back.
Speaking with Gambling Insider, Swylan explained why he is against the extension. He said: “The effect and results from the recent measures and limitations has been an even lower channelisation within casino.
“One key issue is that problem gamblers who in Sweden have suspended themselves from playing via the central self exclusion system have been able to continue playing with the unlicensed gaming companies, where there is no consumer protection.”
Additionally, Swylan said that the forecasted rise in problem gambling which prompted the restrictions did not come to anything.
“Analyses of online gambling data revealed that although betting decreased substantially in synchrony with a slight increase in online casino gambling, there was no increase in likely problematic, high-intensity gambling and neither did total online gambling increase,” he explained.
Instead of imposing restrictions on the industry, Swylan suggested Swedish regulators should instead focus on penalising unlicensed operators “to ensure that all players are being monitored and taken care of.”