An unexpected move by Sweden’s Finance Ministry has startled the country’s online gambling community with the prospective introduction of an elevated tax rate. In the yearly budget proposal, a surprising increase in tax rate, set to make a significant dent in revenues, was presented without preceding discussion. The proposed alteration is a leap from the existing 18% to a hefty 22% in the gross gaming revenue (GGR) tax, to be set into motion come July of the following year. This ascent represents the first ever since the reformation of the Swedish gambling sphere took effect in January of 2019, a time since when the gambling tax upon gross revenue has maintained stability. As per Minist
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