The Swedish Gambling Authority, Spelinspektionen, has released its Q3 report, revealing insights into the performance of the Swedish gambling market. The total gross gambling revenue (GGR) from operators with a Swedish gambling license reached SEK 6.7 billion in Q3, reflecting a modest 1% decrease compared to the same period last year.
Online Gambling Landscape:
Commercial online gambling, dominated by standard online casinos, generated SEK 4.3 billion, experiencing a marginal 1.3% decrease. Despite challenges, the online sector remains a significant contributor to the overall GGR.
State-Run Casino Games:
State-run casino games provided through Casino Cosmopol contributed SEK 132 million to the GGR, demonstrating a 5.7% decrease. This segment faced challenges during Q3 but remains an integral part of the overall market.
State Lottery and Slot Machines:
The figures for state lottery and slot machines were combined, resulting in a total turnover of SEK 1.4 billion. This segment experienced a minimal decrease of 0.1%, showcasing resilience in the face of market fluctuations.
Gambling for ‘Public Purposes’ and National Lotteries:
Grouped together, this category generated a turnover of SEK 822 million, presenting a 2.2% YoY increase but an 8.3% decrease compared to Q2 2023. The dynamics within public purposes and national lotteries underscore the evolving landscape of the Swedish gambling industry.
Games for Public Purposes:
Games for public purposes, including bingo halls, contributed SEK 49 million in GGR, mirroring the figures from Q3 the previous year. This segment remains a steady component of the market.
Land-Based Commercial Gaming:
Land-based commercial gaming reported a turnover of SEK 81 million, witnessing a notable 30% increase. This growth highlights the resilience and adaptability of land-based establishments.
Spelpaus: Responsible Gambling Measures:
During Q3, over 99,000 individuals were suspended from all gambling activities through Spelpaus, marking a 4% increase. This reflects the ongoing commitment to responsible gambling practices and player protection.
While the Swedish gambling market faced challenges at the beginning of the year, the Q3 figures suggest a stabilization and alignment with results reported in Q3 and Q4 of the previous year. Spelinspektionen continues to play a pivotal role in shaping the industry, with recent proposals aiming to enhance responsible gambling measures and address funding restrictions.