According to the latest financial news, the total net sales in the Swedish regulated gambling market have increased by more than 10% in Q2 2021, in comparison to financial results of the same quarter in 2020.
From April to June 2021, the Swedish gambling regulator, Spelinspektionen, has recorded SEK6.5bn of gambling profits of licensed gambling and betting operators. At the same time, total net sales for the second quarter of 2020 were only SEK5.9bn.
In June 2021, there were 100 gaming companies in the Swedish legal market with 70 of those firms providing betting and online gambling services.
Profits from online gambling drove NGR to a rise in Q2 2021
According to Spelinspektionen, over 60% of total net sales in the second quarter of 2021 were collected from gambling and betting websites. The data shows that profits from online casinos and wagering on the most popular sports amounted to SEK4.1bn.
Sales from state lotteries and slot machines were also high during this period, reaching SEK1.4bn. The total of SEK983 million was gathered from the games for public benefit purposes, including lotteries and bingo.
Only SEK5 million was collected from the land-based gaming venues, which is SEK42 million less than the financial results in the corresponding period in 2020.
The Spelinspektionen also continues to promote safer gambling via its’ Spelpaus.se self-exclusion register. In Q2 2021, under 64k players were excluded from online gambling via this service, which is almost a 2% increase from Q1.
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