Swedish gambling regulator urges banks to block payments to unlicensed gambling operators

The Swedish gambling operator, whose report for the last quarter of last year showed a continued decline in the channelization rate to licensed gambling, has urged banks to block payments to unlicensed operators.

The regulatory body reported that since the Swedish regulated online gambling market opened for business in 2019, it has witnessed a tenfold increase in traffic to unlicensed operators.
 
The authorities are definitely making the right statement and actions like this should always be implemented for the benefit and improvement of a community if the people will be able to access the websites which are not licenced they can definitely scam out the users much easily and this will create financial burden for most of the people playing on the UN licenced website
 
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