Sweden nets peak online gambling GGR ahead of compliance changes

by SBC News
2 minutes read
Sweden has recorded total gross gaming revenues (GGR) of SEK 6.89bn (€602m) during Q2 2024.

The total GGR figure was revealed by the Gambling Inspectorate Spelinspektionen’s monitoring of gambling activities for Swedish licensed land-based and online businesses.

Q2’s GGR of SEK 6.89bn (€602m) surpasses the SEK6.71bn (€586.8m) recorded in Q2 2023 and is 3.3% higher than Q1 2024’s revenue of SEK6.67bn (€583.1m).

The inspectorate’s data reveals that Sweden has recorded its highest Q2 wagering activities since records began in 2019, corresponding with Sweden relaunching its gambling marketplace.

Online gambling, including Svenska Spel revenues, remains the largest revenue segment, generating a 9.2% increase in GGR to SEK 4.57bn (€399.4m). The outcome surpasses all previous quarterly results tracked by Spelinspektionen.

GGR figures recorded by Sweden’s national lottery declined by 7.5% to SEK1.29bn (€112.8m), marking its lowest quarter since Q1 2020.

Further segments saw state-owned C..

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