Swedish iGaming Market Bouyant
By Simon Wright, Last updated Feb 4, 2021
Figures released today by the Swedish Gambling Regulator, Spelinspektionen, shows the Swedish iGaming market in good health, with net gaming revenues for the second quarter of 2019, coming in at SEK 6,406 million or €598m.
An estimated 91 percent of all gambling in Sweden took place at gaming companies with a Swedish license during the first half of the year.
According to Spelinspektionen the sector grew by 3.2% compared to the same period in 2018.
As of August 2019, 86 iGaming companies have gaming licenses issued by Spelinspektionen and Spelpaus.se the Self Exclusion site, similar to GamStop in the UK, had over 37,000 players registered with it.
Spelinspektionen have been quick to take action against any of their licensees who breach their regulations. Indeed, only this morning, news has just broken that four licensed sportsbooks that operate in Sweden, have been fined by the regulator for accepting bets on matches that involve participants under the age of 18.
Simon Wright has been both a player and an observer of the online casino industry for over 15 years. His knowledge of the online casino industry – to include sports is massive. Not many folks have the experience or his knowledge about online gambling. His adoration of football is also noted. He has painted his house blue (Chelsea) and annoys his neighbors with local football songs on game days.
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