The percentage of Sweden’s population that gambles has fallen by 10% over the past five years, according to the annual market survey conducted on behalf of the country’s gambling regulator Spelinspektionen, the last investigation into the market carried out before new iGaming regulations came into force on January 1, 2019.
JPJ Group expects to hit the higher end of forecasts for both revenue and adjusted EBITDA in the 12 months to December 31, 2018 thanks to the strong performance of the Vera&John brand across a number of international markets.