The new measures will come into effect from 2 July and remain in place until the end of 2020, with the restrictions to apply to online casino games and slots.
Consumers will face an SEK5,000 (£428/€476/$540) mandatory weekly deposit cap, while licensees will only be able to offer bonuses up to SEK100.
Players will also be required to set time limits as to how long they play online casino games and slots with licensed operators in Sweden.
“As a result of the current pandemic, we see a mix of circumstances that together create great risks in the gaming sector,” social security minister Ardalan Shekarabi said. “These need to be counteracted. With these measures, the government will strengthen the protection of Swedish consumers.”