Sweden’s gambling market surges thanks to online gaming

24 May 2017

Sweden's gambling marketThe gambling sector in Sweden has risen to new heights as it managed to amount a total turnover of 540€ million in the first quarter of 2017. This increase has been primarily attributed to online gaming as betting sites showed continuous growth, contrary to land based operators.

Sweden's gambling market has offered the following stats:

  • Lotteriinspektionen, Sweden’s gaming regulator, stated that foreign operators saw an increase of 13% in turnover in Q1, whilst Swedish-licensed bookies suffered a loss of 3%.
  • ATG has announced that revenue reached around €90m in Q1 2017. Internet games showed an increase of 10%, while land based shops dipped 11%.
  • Svenska Postkodföreningen’s revenue rose by 3% to €62m, whilst Folkspel, with Bingolotto and Sverigelotten, decreased by 10% compared to Q1 2016.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY
Premier League Clubs Get Closer To Bookmaker Sponsorship Ban Featured Image

The front of the shirts of Premier League clubs will no longer feature logos from bookmakers once an agreement is reached. The deal would prohibit fro...

Read more »

UFC 287: Pereira vs Adesanya Odds & Preview Featured Image

One of the biggest UFC events of the year takes place on Sunday, April 6 at the Miami-Dade Arena in Miami, FL. UFC 287, starting at 01.30am BST, featu...

Read more »

Betano Lands Giannis Antetokounmpo As Global Brand Ambassador Featured Image

NBA star Giannis Antetokounmpo has signed a contract with Betano, making him their first-ever global brand ambassador. The Milwaukee Bucks superstar, ...

Read more »

Bet365 Continue Their Weekly 6 Scores Challenge Game Featured Image

Sports betting industry leader Bet365 has partnered with Incentive Games, a renowned free-to-play provider, to continue their highly popular weekly 6 ...

Read more »

22bet Awarded EPL Jerseys To Five Lucky Bettors Featured Image

Five of 22bet’s Kenyan users have received English Premier League jerseys after successfully predicting the correct score of Manchester United v...

Read more »

Betting Preview And Odds For Formula 1 2023 Season Featured Image

On March 3-5, the 24th Bahrain Grand Prix will mark the return of Formula One for its first full weekend of the new 2023 season. Max Verstappen, who h...

Read more »

Bet-at-home To Use EveryMatrix’s Sports Betting Platform Featured Image

European bookmaker Bet-at-home has launched its new sports betting solution from EveryMatrix, replacing its present platform. EveryMatrix’s Odds...

Read more »

Stake.com Becomes Official Partner Of Alfa Romeo F1 Team Featured Image

The renowned crypto bookmaker Stake.com recently signed a deal with Alfa Romeo F1 Team to become their name sponsor. The partnership is going to stand...

Read more »

1xBet Issues Press Release To Shoot Down Allegations Featured Image

On 25/1/2023, 1xBet issued a press release to shoot down claims from a recent article, that came to light stating that the bookmaker is currently faci...

Read more »

Stake.com Pays Out On Arsenal As Premier League Champions Featured Image

The online sportsbook Stake.com has already paid out on outright bets on Arsenal to win the league, as they went onto 50 points after 19 games with a ...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner