Sweden’s regulated online gambling market continues to rise
In total, gaming companies with a Swedish license had a turnover of SEK 24.8 billion (players’ contributions minus paid profits) in 2019. During the fourth quarter, SEK 6.7 billion was turnover.
The figures are preliminary and are largely based on information from the Swedish Tax Agency on tax decided.
At the end of Q4, more than 48,000 were suspended via Spelpaus.se. This is an increase of 16 percent compared to the previous quarter. At the beginning of March 2020, the number had increased to just over 49,000 people.
96 companies had active licenses in the Swedish market in March 2020 (licenses for non-profit purposes not included). 70 of these companies were licensed for betting and / or commercial games online.
There is no actual information on how much is played at gaming companies without a Swedish license. The British research company H2 Gambling Capital estimates that during the fourth quarter of 2019, SEK 580 – 690 million (after paid profits) was played at companies outside the Swedish licensing system. According to H2 Gambling Capital, the estimated figure for the full year 2019 is SEK 1.8-2.2 billion.