Sweden’s playing sector skilled a modest year-on-year progress of two.65% in 2024, with the entire income reaching SEK27.85 billion, outpacing the SEK27.13 billion recorded within the earlier yr. This progress was largely fueled by the sturdy efficiency of the business on-line gaming market, which continues to dominate the playing panorama in Sweden.
On-line gaming leads income surge:
In line with the official PR of the Swedish Playing Authority (pdf), Spelinspektionen, the web playing section was notably sturdy, producing SEK17.84 billion in income, marking a 5% enhance from 2023. This section’s vitality is a transparent indicator of the shifting preferences amongst Swedish gamblers towards digital platforms.
The state lottery and slot video games additionally confirmed constructive momentum, with revenues rising 2.2% year-on-year to SEK5.72 billion. Moreover, revenues from non-profit video games and nationwide lotteries elevated by 2.6%, totaling SEK3.70 billion.
Nevertheless, not all segments fared equally. Whereas land-based business gaming, together with restaurant casinos, noticed a income enhance of 4% to SEK237 million, group video games and corridor bingo skilled a decline, with revenues falling 3.5% to SEK196 million. The closure of a number of On line casino Cosmopol areas in early 2024 considerably impacted this sector, with a dramatic 66.3% drop in income to SEK160 million.
This autumn efficiency: a robust end to the yr:
The ultimate quarter of 2024 was notably sturdy, with complete playing income in This autumn hitting SEK7.61 billion, a 7.6% enhance from the earlier yr and 14.3% increased than in Q3. On-line playing once more led the way in which with SEK4.63 billion in income, up 6.2% year-on-year. This determine not solely topped the quarterly comparability but in addition underscored the rising significance of the web sector.
The state lottery and slots section was the fastest-growing in This autumn, with an 18.5% rise in income to SEK1.71 billion. Non-profit video games and nationwide lotteries additionally noticed a wholesome enhance, with income up 5.2% to SEK1.13 billion.
The way forward for On line casino Cosmopol stays unsure, with the Swedish authorities proposing in Might to shut down the enterprise totally by 1 January 2026. This transfer has sparked controversy, notably from Spelinspektionen, which has expressed considerations that closing On line casino Cosmopol might result in a rise in unlawful land-based playing actions.
Because the yr closed, the Swedish authorities additionally introduced a evaluate of the nation’s Playing Act, aiming to tighten laws. This evaluate, coupled with the continued shifts available in the market dynamics, means that Sweden’s playing sector would possibly see vital regulatory adjustments within the coming years.
Total, the Swedish playing market in 2024 illustrated a panorama in transition, closely influenced by on-line progress however challenged by regulatory uncertainties and the evolving standing of conventional, land-based venues.
