Swedish Gambling Market sees minor dip in Q1

Anchal Verma
Written by Anchal Verma

The Swedish Gambling Authority, Spelinspektionen, has published its Q1 results for the first fiscal quarter of 2025. The total turnover from licensed gambling operators reached SEK 6.61 billion (approx. $688.94 million), reflecting a 1 percent decrease compared to the same period last year.

Online 바카라 and betting remain largest segment

Online 바카라 and sports betting continued to dominate Sweden’s regulated gambling market. This segment generated SEK 4.28 billion in turnover during Q1 2025. Although still the largest contributor, it recorded a slight year-on-year drop of 0.2 percent, showing relative stability in player activity across digital platforms.

State lottery and slot machines decline

The state-run lottery and cash machine games, primarily managed by Svenska Spel, saw a 3 percent drop in turnover, in the quarter. This follows a steady downward trend observed in recent quarters.

Casino Cosmopol sees sharp fall

Casino Cosmopol, Sweden’s only land-based 바카라 chain, posted a significant 60 percent year-on-year decrease, falling to just SEK 26 million in turnover for Q1. Prior to the COVID-19 pandemic, the 바카라 chain would regularly bring in around SEK 245 million per quarter. However, business never recovered fully post-2020. Turnover stabilised around SEK 145 million in the years following but gradually declined through 2024, continuing to drop into the new year.

Gambling for public benefit sees growth

Gambling for public purposes, such as charity lotteries, showed positive movement. This category rose 3.5 percent year-on-year, bringing in SEK 886 million in turnover. Games for public benefit—including hall bingo—remained stable at SEK 49 million, with no notable change from the previous year.

Land-based gambling remains flat

Other forms of land-based gambling, such as restaurant 바카라s and limited gaming machines, remained steady at SEK 52 million. This segment has shown little variation in recent years.

Unlicensed gambling still concern

While Spelinspektionen’s report only covers licensed gambling operators in Sweden, the horse racing operator AB Trav och Galopp (ATG) continues to flag concerns over unlicensed operators. These offshore sites still hold a significant portion of the market, posing challenges for the regulated sector and the country’s gambling supervision efforts.

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