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Swedish gambling market contracted in second quarter

11th September 2020 9:30 am GMT

Sweden’s regulated gaming market declined by 4 per cent to SEK5.9bn (€569.7m) in the second quarter of 2020, as the COVID-19 pandemic impacted land-based sales.

Net gaming revenue (NGR) from online casino and sports betting grew by 4 per cent to SEK3.6bn in Q2, accounting for 61 per cent of the total market.

This was offset by an 8 per cent decline at Svenska Spel’s lottery and slot machine business, with NGR falling to SEK1.3bn, while the [...]

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