Swedish Gaming Market Declines For Third Consecutive Year

Illegal operators and tough economic environment says regulator

The Swedish gaming market’s decline continues for the third consecutive year following the release of results from the Swedish gaming regulator Lotteriinspektionen.

The regulator attributes the 0.3 percent decline in gross turnover to unlicenced online gaming sites who are estimated to have traded over SEK 2.3 billion after winnings in 2013, as well as a static average household spend of 2.64 percent of disposable income on gambling, equivalent to 6083 crowns gross per person over 18.

"It’s a subdued demand for games that we see with a few exceptions such as betting and some lottery services, a pattern familiar across the rest of Europe," said Håkan Hall Bergstedt, Director General of Lotteriinspektionen. "We see a further technology shift in gambling, from the personal computer to mobile and tablet while the traditional venues continue to lose ground. Once fully restructured, we expect to see an increase in demand again."

Svenska Spel leads the pack, followed by Casino Cosmopol, ATG, National lotteries and Svenska Postkodföreningen.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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