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ATG CEO Advocates for Differentiated Tax Rates in Sweden’s Gambling Industry



ATG CEO Proposes Differentiated Tax Rates in Swedish Gambling Sector

In the face of a Swedish government proposal to increase gambling tax, Hans Lord Skarplöth, the CEO of Aktiebolaget Trav och Galopp (ATG), has called upon the authorities to explore a differentiated tax rate system for sports betting. Skarplöth pointed out that several other countries have implemented distinct tax rates for sports betting and iGaming, highlighting the need for a similar approach in Sweden.

The Swedish government’s proposal suggests raising the gambling tax from the current 18 percent to 22 percent, set to take effect on July 1, 2024. This move is anticipated to generate an additional SEK540 million (€45.5 million) in annual tax revenue.

Skarplöth expressed his dismay at this development, describing it as a “shock.” In a blog post, he implored the government to consider increasing the tax rate exclusively for iGaming, while maintaining the existing rate for horse betting and other sports betting activities.

He stated, “The proposal for a higher excise tax on gambling companies came as a shock. The reaction was a sense of resignation; how would the already hard-pressed horse industry cope with the fact that the contribution from ATG was greatly reduced? Shortly afterward, the will to fight was awoken; can there be a way forward that fills the treasury, without jeopardizing equestrian sport? Strengthened by our research, we have put a lot of energy into demonstrating the advantages of a differentiated gaming tax in Sweden. The hope is now that our analysis will move legislators from insight to action. It is a good starting point for our proposal: keep the tax on horse betting and sports, but raise it on online casinos.”


Reforming ATG’s Governance Structure

Additionally, Anders Källström, the chairman of Svensk Travsport (ST), has called for a reform of ATG’s governance structure in 2024. Svensk Travsport, the Swedish trotting and breeders association, holds a 91 percent stake in the betting operator.

ATG, established by the state in 1974 with the objective of providing sustainable funding for Swedish thoroughbred racing and trotting, operates independently but is governed by the government. Svensk Galopp, the horseracing authority, owns the remaining 9 percent not held by ST. Källström’s call for reform suggests potential changes in ATG’s governance structure in the coming year.

Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

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Unveiling North Carolina’s Thriving Sports Betting Frontier



North Carolina Sports Betting: Latest Updates, Opportunities, and Market Outlook

Embark on a journey into the heart of North Carolina’s dynamic sports betting realm, where excitement mounts as the state prepares for its highly anticipated online wagering debut. Against a backdrop of regulatory milestones and strategic partnerships, Gamingo News delves into the latest developments shaping the landscape, offering insights into the opportunities and challenges that lie ahead for stakeholders in this burgeoning market.

Anticipating Launch: Unveiling the Go-Live Date

Momentum Builds With the countdown to online sports betting in North Carolina underway, anticipation reaches fever pitch as the North Carolina State Lottery Commission sets the stage for a momentous milestone. Marking 11th March as the go-live date, players eagerly await the opportunity to engage in exhilarating wagering experiences from the comfort of their homes. However, the excitement doesn’t end there, as prospective bettors can initiate account registrations and fund their accounts starting from 1st March, setting the stage for a seamless transition into the realm of online sports betting.

Regulatory Framework: A Pivotal Pathway

Legislative Foundations The journey towards legalized sports betting in North Carolina traces back to the enactment of House Bill 347, a seminal piece of legislation signed into law by Governor Roy Cooper on 14th June. Embedded within the bill is a meticulously crafted timeline, delineating the roadmap for implementation and regulatory compliance. Mandated deadlines underscore the state’s commitment to fostering a robust and transparent regulatory framework, ensuring the integrity and accountability of the burgeoning sports betting market.

Navigating Regulatory Updates: Insights from the Commission

A Closer Look Recent developments unfold as the North Carolina State Lottery Commission takes center stage, issuing pivotal updates that shed light on the evolving sports betting landscape. With a deadline of 26th January for operator submissions of internal controls, speculation abounds as stakeholders await the Commission’s verdict. This week brings a wave of anticipation as the Commission issues two full sports wagering supplier licenses, alongside seven provisional licenses, signaling a flurry of activity as the market gears up for the much-anticipated launch.


Promoting Responsible Gaming: The Role of Self-Exclusion Programs

Safeguarding Player Welfare Amidst the fervor surrounding the impending launch, the North Carolina State Lottery Commission takes proactive strides towards promoting responsible gaming practices. Approval of a voluntary self-exclusion program underscores the state’s commitment to mitigating gambling-related harm and fostering a safe and supportive gaming environment. Empowering players with the option to self-exclude for varying durations, the program serves as a vital resource for individuals seeking to exercise greater control over their gambling habits, reinforcing the principles of accountability and player welfare.

Operator Partnerships: Forging Pathways to Success

Strategic Alliances Against a backdrop of regulatory rigor, operators vie for market entry, solidifying strategic alliances to carve out their niche in the burgeoning North Carolina sports betting landscape. From industry stalwarts like Caesars Entertainment, bolstered by key partnerships with the Eastern Band of Cherokee Indians, to emerging players such as DraftKings and BetMGM, a diverse array of operators converge to capitalize on the state’s burgeoning market potential. With the Commission working in tandem with eight operators to expedite licensing procedures, the stage is set for a transformative debut come 11th March.

Embracing the Future: Towards a Thriving Sports Betting Ecosystem

Charting New Horizons As the countdown to go-live date intensifies, North Carolina stands poised to usher in a new era of sports betting innovation and accessibility. With regulatory frameworks firmly in place and strategic partnerships abound, stakeholders stand at the cusp of a transformative journey, brimming with opportunities for growth and innovation. With 11th March marking a watershed moment in the state’s gambling landscape, the stage is set for North Carolina to emerge as a beacon of excellence in the realm of online sports betting, setting new benchmarks for industry standards and player engagement.


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