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Online Gambling Revenue Soars in Sweden in 2019

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5 years ago

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Online Gambling Revenue Soars in Sweden in 2019
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Spelinspektionen, the Swedish Gambling Authority, reports that licensed land-based and online gambling operators generated a robust revenue of €2.3 billion in 2019.

Online gambling and gambling on ships are the leading revenue generators, registering €1.3 billion turnover. Lottery and vending machines recorded €557 million.

These figures are purely from licensed operators, but Spelinspektionen also warned about the impact of unlicensed companies.

The authority explained that it has no official information, but works around analysts’ estimates.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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