Latest News
Sweden Records Lowest Online Gambling Revenue in Second Quarter

In Sweden, online gambling revenue touched rock bottom in the second quarter, as the sector struggled under the impact of Covid-19 outbreak. The gross gambling revenue (GGR) tumbled to SEK5.94bn (€572.4m), which is the lowest Sweden has witnessed since regulated online gaming was introduced in January 2019.
The online gambling revenue actually increased 3.6 per cent year-on-year to SEK3.61bn (€348m), but it still is a fall from the previous two quarters.
Svenska Spel, which has a monopoly in lottery and gaming machines, saw its revenue decrease by 8.5% year-on-year to SEK1.29bn.
Svenska Spel’s revenue from its lottery brand Tur increased by 3.3% to reach SEK1.18bn.
Non-profit lotteries saw an increase of 2.7% year-on-year to reach SEK950m.
The fall in online gambling revenue does not go well with the Swedish government’s fears of an increase in online casino gambling during the pandemic. The Swedish government had introduced a SEK5,000 (€476) weekly deposit cap for online casino gaming.
-
Industry News7 days ago
iGB L!VE confirm London iGaming Week program
-
Africa4 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Interviews4 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Latest News7 days ago
Game On! Win Acer’s New RTX 50 Series Laptop + PC Game Pass
-
Compliance Updates4 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report
-
Industry Awards4 days ago
Kaizen Gaming’s Betano Recognised as Brand of the Year at the EGR Marketing & Innovation Awards 2025
-
Industry News4 days ago
SOFTSWISS Takes Home Four Awards In One Night
-
Latest News4 days ago
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products