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The Swedish gambling regulatory authority Spelinspektionen reports a downturn in the Swedish gambling market in Q1: overall revenue fell by 1%, with land-based casinos plummeting by 60%.

The Swedish gambling regulatory authority Spelinspektionen reports a downturn in the Swedish gambling market in Q1: overall revenue fell by 1%, with land-based casinos plummeting by 60%.

The latest data from the Swedish Gambling Authority, Spelinspektionen, shows that the total turnover for licensed operators in the first quarter of 2024 was SEK 6.61 billion (approximately USD 689 million), a 1% decrease from the same period last year.Online casinos and betting segments were the mos

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Sweden to discontinue land-based casino gambling

Sweden to discontinue land-based casino gambling

The Riksdag, Sweden’s parliament, has voted in favour of abolishing land-based casino gaming in the country, with the decision set to lead to the closure of the final, state-owned Casino Cosmopol location in Stockholm.Announced 2 April, the Riksdag said land-based casinos in Sweden no longer serve t

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Sweden's gaming turnover for fiscal year 24 increased by 3% to 27.8 billion Swedish kronor.

Sweden's gaming turnover for fiscal year 24 increased by 3% to 27.8 billion Swedish kronor.

The Swedish Gambling Authority, Spelinspektionen, has released its fourth quarter and fiscal year 2024 report.Q4In the last quarter of this year, the Swedish gaming market's turnover reached SEK 7.6 billion, an increase of 8% over the same period last year and a 14% increase from the third quarter.O

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In the fourth quarter of 2024, Svenska Spel's operating profit increased by 10.3% to 535 million Swedish kronor.

In the fourth quarter of 2024, Svenska Spel's operating profit increased by 10.3% to 535 million Swedish kronor.

Svenska Spel announced its financial results for the fourth quarter and the full year of 2024.Fourth Quarter of 2024In the fourth quarter of 2024, Svenska Spel's total net gambling revenue reached SEK 21.3 billion (USD 2.0 billion), a slight increase of 0.2% year-over-year.Among the various business

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Swedish licensed gambling companies reached a turnover of 6.66 billion Swedish kronor in the third quarter, with commercial online gambling being the only sector experiencing growth in turnover.

Swedish licensed gambling companies reached a turnover of 6.66 billion Swedish kronor in the third quarter, with commercial online gambling being the only sector experiencing growth in turnover.

The Swedish Gambling Authority, Spelinspektionen, has announced the financial results of the country's gambling industry for the third quarter of 2024.For licensed gambling companies in Sweden, the total turnover for the third quarter reached SEK 6.66 billion (USD 610 million), a year-on-year decrea

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Spelinspektionen reports Swedish gambling turnover for the second quarter at 6.89 billion Swedish kronor

Spelinspektionen reports Swedish gambling turnover for the second quarter at 6.89 billion Swedish kronor

The Swedish Gambling Authority, Spelinspektionen, has released the financial data for the second quarter of 2024, highlighting the overall growth of the gambling market in the country.Overall, the turnover for all vertical industries reached SEK 6.89 billion (USD 663.43 million), a 2.8% increase yea

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