The Swedish gambling authority, Spelinspektionen, has stated that licensed gambling companies in the country reported an uptick of over 6% year-over-year in turnover during the second quarter of 2024.
According to data from Spelinspektionen, turnover – players’ stakes minus paid winnings – stood at SEK 6.9bn (€602.5m) at the end of Q2 for licensed operators, up 6.4% in comparison to the same period last year (Q2 2023: SEK 6.7bn).
Looking at how the overall figure splits between verticals, the authority noted that commercial online gambling generated SEK 4.6bn in turnover, a 9.2% improvement YoY (2023: SEK 4.2bn).
State lottery and slot games produced a turnover of SEK 1.3bn, down slightly when compared to the same quarter the previous year (2023: SEK 1.4bn). State casino games (Casino Cosmopol) fell by 73.8% YoY to SEK 33m (2023: SEK 126m).
The decline in state casino games turnover comes as Spelinspektionen underlined the potential widespread impact of Casino Cosmopol’s closure last month, noting that while it did not object to the closure, the concerns of the Swedish Police regarding certain land-based consumers becoming exposed to illegal gambling were highlighted.
Elsewhere regarding Q2 turnover, gaming for public purposes/national lotteries dipped slightly to SEK 893m (2023: SEK 896m), while community games/hall bingo stayed flat at SEK 52m. Land-based commercial gambling (restaurant, casino) rose slightly to SEK 56m (2023: SEK 53m).
Spelinspektionen added that Spelpaus, the country’s self-exclusion service, had 112,000 people registered at the end of the quarter, up 1.7% in comparison to the previous quarter.
