The Swedish gambling watchdog Lotteriinspektionen recently announced the figures for the first three quarters of this year.
According to available information, the country’s gambling market generated €1.6 billion in gross gaming revenue during this period.
Numbers Are Improving
This result represents a humble increase of 1.2% when compared to the corresponding period of 2017.
The reports also revealed that operators with Swedish license had generated €1.18 billion during the same period, recording a 2.4% drop in their gross gaming revenue. Those operators without Swedish permits recorded a rise in revenue – 12.4% to nearly €433 million.
Operators with Swedish permits ruled the market in the first three quarters of 2018, with their share reaching 73%, while the remaining 27% was accounted for those without a permit. The data reveal online gambling has gone up by 12.9%, while land-based operations have seen a drop of 8.4%.
At the same time, both betting and online casino increased, by 13.6% and 11.9% respectively.
Online Gambling Going up
The state-owned company that operates in the regulated gambling market in Sweden, Svenska Spel, posted €622.7 million in gross gaming revenue, which represents a drop of 1.6%. And while land-based gambling saw a decline of 9.4%, online recorded a substantial growth of 22.5%.
ATG ended the period with a slight drop of 0.4% to €301.6 million. Its land-based gambling was also down by 10%, while online gambling increased by 6.7%.
Folkspel, together with Bingolotto and Sverigelotten took home €33.6 million in gross gaming revenue, 1.3% less than in the same period of 2017.
The Swedish Postcode Association announced its gross gaming revenue had reached €155.7 million, which represents a drop of 5.1%. At the same time, Miljonlotteriet took home €16.6 million – 24.8% less than last year.
SAP/SSU, along with Kombilotteriet, recorded gross gaming revenue of €13.9 million, down by 10.7%. Other lotteries generated a combined gross gaming revenue of €14.1 million, improving their last year’s results by 0.7%
Operators without Swedish permits saw their gross gaming revenue climb by 12.4% to €437.9 million.