Swedish gambling market continues to grow

Business News

The Swedish gambling market reported gross gaming revenue after payment of winnings of SEK 16.8 billion in the first three quarters of 2018.

This was an increase of 1.2% compared with the same period last year. Operators with Swedish permits reported gross gaming revenue of SEK 12.2 billion, down 2.4%. Operators without Swedish permits reported gross gaming revenue of SEK 4.5 billion, up 12.4%.

Market share for operators with Swedish permits was 73% in the first three quarters, while operators without Swedish permits had a market share of 27%. Online gambling increased by 12.9%, while land-based gambling decreased by 8.4%. Betting increased by 13.6% and online casino increased by 11.9%.

Svenska Spel reported gross gaming revenue of SEK 6.4 billion, down 1.6%. Land-based gambling fell by 9.4% while online gambling increased by 22.5%. ATG reported gross gaming revenue of SEK 3.1 billion, down 0.4%. Land-based gambling decreased by 10.0%. Online gambling increased by 6.7%

Folkspel, with Bingolotto and Sverigelotten, reported gross gaming revenue of SEK 345 million, down 1.3%.The Swedish Postcode Association reported gross gaming revenue of SEK 1.6 billion, down 5.1%. IOGT-NTO, with Miljonlotteriet among others, reported gross gaming revenue of SEK 171 million, down 24.8%. SAP/SSU, with Kombilotteriet among others, reported gross gaming revenue of SEK 143 million, down 10.7%.Other national lotteries, including Cancerfonden and PRO among others, reported gross gaming revenue of SEK 145 million, up 0.7%.Operators without Swedish permits reported gross gaming revenue of SEK 4.5 billion, up 12.4%.

The gross gaming revenue figures for some of the smaller national lotteries, land-based bingo, restaurant casinos, local and regional lotteries are not included. The Swedish Gaming Authority estimates their gross gaming revenue to be SEK 373 million.

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