Home > Finance > Swedish licensed operators generate SEK6.6bn in Q1

Swedish licensed operators generate SEK6.6bn in Q1

| By Richard Mulligan
Sweden’s licensed gaming operators generated turnover of SEK6.6bn ($609.2m/€569.9m/£493.4m) during the first quarter of 2023, according to figures released by the nation’s governing body for gambling.
Sweden credit gambling ban

The total figure – which consists of players’ bets minus paid winnings – for the three months to 31 March 2023 was identical to that generated in Q1 2022, although down on the three most recent quarters.

Commercial online gambling and betting was worth SEK4.2bn, which was down slightly on Q1 2022. State lottery and slot games, the second biggest vertical, was up slightly year-on-year to SEK1.4bn.

Games for public purposes and national lotteries, the third biggest vertical, was down by 6% to SEK812m.

At the end of the quarter, just under 92,000 people were banned from gambling via Sweden’s self-exclusion platform, Spelpaus.se. This was an increase of 8% compared to the previous quarter.

The Swedish Gaming Authority continuously collects and analyses data to monitor trends in the gaming area. Data on turnover for games for public benefit purposes is collected by the Gambling Inspectorate. For actors who are liable to tax, the turnover figures are based on information about tax decided from the Swedish Tax Agency.

Subscribe to the iGaming newsletter