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Swedish gambling operator revenues reach SEK 6,70 billion in Q2

igw by igw
September 6, 2023
in Finance
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Gross gaming revenue (GGR) from licensed gambling operators active in Sweden amounted to SEK6.70bn (PS481.5m/EUR562.8m/$603.9m) in the second quarter, down slightly year-on-year.

The total quarterly revenue for the three-month period ending 30 June was SEK6.67bn, which is 1.0% less than the GGR of Q2 in last year. The preliminary figure published by Sweden’s gambling regulator Spelinspektionen was 1.8% higher than the SEK6.58bn reported in Q1 2023.

The most GGR was generated by commercial online gambling, followed by sports betting. This sector, including online casino, contributed SEK4,18bn. This is a 3.2% decrease year-on-year.

The GGR of state-owned slot machines and lottery games was SEK 1,40bn, a 1.6% decrease from SEK 1,42bn in 2020.

The GGR of Casino Cosmopol (the state-owned casino) fell by 13.1%, to SEK126.0m.

The remaining SEK51.0m was generated by commercial gaming, such as restaurants and casino venues. This figure is down 12.1%. The remainder of SEK51.0m came from commercial land-based gaming such as restaurants and casino venues. This was down 12.1%.

Spelinspektionen noted that at the end of Q2, around 95,000 people had self-excluded themselves from gambling via Spelpaus.se. The regulator stated that this was 1.4% higher than the previous quarter.

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