Sales from licenced operators in Sweden reached SEK 26 billion in 2021.
11 Mar 2022
The Swedish Gambling Authority (SGA), also known as Spelinspektionen, has announced a little rise in net revenues for the gambling industry in Sweden. These sales were up 5% from 2020's total of SEK 24.7bn and even surpassed levels seen before the pandemic.
Although limitations were gradually lifted in 2021 in response to COVID-19, the gambling market in the Scandinavian country was nevertheless affected, particularly in the land-based sector, by the public health measures that had been imposed.
Total net sales were about 5% higher than 2019's amount, when licenced gaming companies in Sweden generated SEK 24.8bn, even though net sales from the country's state-owned Casino Cosmopol properties and land-based commercial gaming were below pre-Covid levels by more than 71% and 47%, respectively.
The commercial online gaming and betting business of the country contributed around SEK 1 billion more than in 2020, which assisted with this.
This segment contributed over SEK 16bn to total 2021 net sales, with Q1 and Q3 exceeding SEK 4bn, a feat accomplished only once in 2020 and never in 2019. Net sales from all areas exceeded SEK 7 billion in the fourth quarter, which contributed significantly to the full year's performance.
As of December 2021, the SGA reported that 95 businesses held current licences, with 65 of them businesses having certification for betting and/or commercial online gaming.
Approximately 70,000 individuals were barred from gambling through Spelpaus.se, Sweden's self-exclusion registry, at the conclusion of the fourth quarter of last year, an increase of 5% compared to Q3.
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