Sweden’s gambling revenue hits new record in Q2


Sweden’s gambling revenue hits new record in Q2

National gambling regulator Spelinspektionen reported that gross revenue from regulated gambling in Sweden reached a new quarterly record of SEK 6.89 billion in the second quarter.

Revenue was up 2.68% year-on-year and 3.3% compared to the first quarter.

Online gambling contributed the largest share of revenue at SEK 4.57 billion, up 9.2% year-on-year. This offset a 7.5% drop in national lottery revenue to SEK 1.29 billion, the lowest since the first quarter of 2020.

Svenska Spel’s Casino Cosmopol generated revenue of SEK 33 million, down 73% year-on-year, after the closure of land-based casinos in Malmö and Gothenburg, leaving only the brand’s casino in Stockholm open.

Revenue from the charity lottery fell slightly to SEK 893 million, while revenue from the bingo hall remained stable at SEK 52 million. Revenue from the restaurant casino increased slightly to SEK 56 million. Meanwhile, Spelpaus, the Swedish self-exclusion service, had 112,000 registrations at the end of the quarter, up 1.7% from the previous quarter.

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Yana Mardiyan Head of Content

Yana is the Head of Content at TheGamblest, she entered the iGaming industry in 2023 producing high-level content for operators worldwide. Yana's goal is to create winning content for TheGamblest, which will be a ticket to capturing the attention of new audiences and continually strengthening a positive brand impression.