Spelinspektionen: Net Sales from Gaming Increase in Q3 2021

By | November 23, 2021

According to the local financial news, the Swedish regulated gambling market continues to grow in the third quarter of 2021. The Gaming Inspectorate of Sweden (Spelinspektionen) has recorded a nearly 5% year-on-year increase in the net sales.

From July to September 2021, licensed gambling ops in Sweden have gathered SEK6.3bn in net casino and sportsbook sales. While it is an upswing from the NGR in Q3 2020, the Q3 2021 net sales were SEK195m lower than the previous quarter’s results.

In September 2021, 95 operators had an active gambling license issued by Spelinspektionen. And 65 of these ops were licensed to provide betting and commercial gambling services online.

High sales in the iGaming sector led to an increase in Q3 NGR 

As Spelinspektionen’s data shows, most of the net sales in the third quarter of 2021 were generated by online betting and gambling ops. SEK3.91 billion was spent on Swedish casino and betting websites.

State lottery and slot machines were the second-largest categories with total sales of SEK 1.38 billion. And SEK849 million was gathered from games for public benefits, such as bingo and the national lottery.

Land-based gaming establishments, including state-owned casino Cosmopol, have reopened in July 2021 and contributed SEK179 million to the total NGR.

Responsible gambling is the other aspect promoted by the Gaming Inspectorate, and exclusion is an important tool to ensure a safer gaming environment. In Q3 2021, circa 65.5k people were suspended from betting and casino sites, which is over 2% more than Q2 2021 figures.

Read more: Guide to investing in gambling stocks

Read more:  How much money do virtual casinos make?

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