Permission has been denied for an international poker network with other state controlled gaming companies. Sweden’s Finance Minister, Anders Borg has denied it permission even though it was recommended in the governments own report on online poker.
Their justification for their initial recommendation was that by combining players state run sites would then be able to increase their liquidity and offer tournaments will much larger prize pools. This would then attract online poker players away from ‘less socially responsible’ private online poker operators.
The decision isn’t completely final since it could be opened for review in 18 months but for now there isn’t going to be a international poker network as the Swedish government has decided to follow the recommendation of the Swedish National Institute of Public Health to not allow poker to expand.
This is all good news for private operator since a state controlled international poker network could become the largest online poker network ever. If it was allowed and it did become the largest network it would take players and revenues away from private operators.
Svenska Spel was also advised that they must improve on the information that they give their customers. They will need to include a profit and loss account and other features to help the players better understand their playing history.
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