Sweden’s gambling authority, Spelinspektionen, has released its latest financial report revealing that licensed gambling operators generated SEK 6.7 billion ($6826.9 million/€576.6 million) in Q1 of 2024.
Online gambling was the market leader with 63.6% of all gambling revenues in the quarter
According to the report this represents a 7% drop compared to the previous quarter, but a 1.5% increase on q1 2023.
Online Gambling
Commercial online gambling including both online casino gaming and sports betting providers were the market leaders with just under SEK 4.2 billion ($393 million/€3361.4 million) in Q1, a slight increase on Q1 2023’s figure of SEK 4.1 billion. In the first quarter of the year online gambling accounted for 63.6% of all revenues in the industry.
In-Person Gambling
Swedish Gambling Revenue Tops SEK 6.7 Billion in First Quarter of 2024 Swedish Gambling Revenue Tops SEK 6.7 Billion in First Quarter of 2024The report also reveals that by the end of Q1, approximately 110,000 people had self-excluded from gambling through the national self-exclusion program Spelpaus.se. This was up by 6% compared to the previous quarter.
