On April 2, 2025, the Swedish Parliament, the Riksdag, made a historic decision to close the country’s last land-based casino, Casino Cosmopol, located in Stockholm. This decision comes after months of deliberation and is part of a broader move to phase out physical gambling in Sweden. The Riksdag’s vote marks the end of an era for land-based casino operations in the country, with the final closure scheduled for January 1, 2026. The law stipulates that no new operators will be allowed to obtain licenses for physical casinos, marking a clear shift towards online gaming, which has seen a rapid rise in popularity in recent years. The closure is in line with Sweden’s ongoing efforts to regulate the gambling industry and respond to the declining profitability and visitor numbers at land-based casinos. Declining Popularity and the Rise of Online Gambling Casino Cosmopol, which once operated four locations across Sweden, has seen a… Read More
Category: News
Source: Casino News Daily
