Swedish Gambling Companies Generated SEK 6.7 Billion in Q2 2023

Swedish Gambling Companies Generated SEK 6.7 Billion in Q2 2023

Online gambling still the driving force in local market

by - Thursday, September 7th, 2023 8:43

Swedish Gambling Authority Spelinspektionen

Sweden’s gambling authority, Spelinspektionen, has released its latest financial report revealing that gambling operators generated SEK 6.7 billion ($602.8 million/€562.8 million) in Q2 of 2023.
Online gambling accounted for 62.4% of all revenues

Swedish Gambling Companies Generated SEK 6.7 Billion in Q2 2023

Commercial online gambling including both online casino gaming and sports betting generated the lion’s share of revenues with SEK 4.18 billion ($376.1 million/€351.1 million) reported by iGaming companies. This accounted for 62.4% of all gambling revenues. It also represented a slight decrease on the previous quarter and a 1.1% decrease on Q2 2022. So far this year, online gambling operators have generated SEK 8.36 billion ($752.2 million/€702.2 million) in revenues.

Swedish Gambling Companies Generated SEK 6.7 Billion in Q2 2023

The 2023 year-to-date total for gambling revenues now stands at SEK 13.2 billion ($1.18 billion/€1.1 billion).

Swedish Gambling Companies Generated SEK 6.7 Billion in Q2 2023
Ciaran McEneaney

Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.