{"id":6743,"date":"2024-03-04T11:38:06","date_gmt":"2024-03-04T11:38:06","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/03\/04\/swedens-gambling-sector-sees-1-2-decline-to-sek27-13bn-in-2023\/"},"modified":"2024-03-04T11:38:06","modified_gmt":"2024-03-04T11:38:06","slug":"swedens-gambling-sector-sees-1-2-decline-to-sek27-13bn-in-2023","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/03\/04\/swedens-gambling-sector-sees-1-2-decline-to-sek27-13bn-in-2023\/","title":{"rendered":"Sweden\u2019s Gambling Sector Sees 1.2% Decline to SEK27.13bn in 2023"},"content":{"rendered":"<div>\n<p>Sweden\u2019s gambling sector witnessed a downturn in revenue during 2023, with preliminary data from the national regulator Spelinspektionen revealing a decrease from SEK27.45bn in the previous year. Online <a href=\"https:\/\/igaming.org\/casino-news\/the-gambling-landscape-in-sweden-a-statistical-overview\/\">gambling in Sweden<\/a>, albeit remaining the primary revenue source at SEK17.03bn, experienced a 0.7% dip compared to the preceding year\u2019s SEK17.03bn, presenting a stark contrast to the 6.0% surge witnessed in 2022.<\/p>\n<ul>\n<li><strong>Online Gambling:<\/strong> Despite its status as the primary revenue driver, online gambling saw a slight decline of 0.7% to SEK17.03bn, diverging from the previous year\u2019s growth trajectory.<\/li>\n<li><strong>State Lottery and Slots:<\/strong> The state lottery and slots segment witnessed a notable 3.6% decrease, generating revenue of SEK5.60bn, while state-owned Casino Cosmopol land-based casinos experienced an 11.4% decline to SEK485m.<\/li>\n<li><strong>National Lotteries and Public Games:<\/strong> Conversely, national lotteries displayed resilience, marking a 1.4% revenue increase to SEK3.60bn. Public games revenue soared by 9.3% to SEK199m, and land-based commercial gambling revenue inched up by 2.3% to SEK225m.<\/li>\n<\/ul>\n<h2><strong>Q4 Performance<\/strong><\/h2>\n<ul>\n<li><strong>Quarterly Revenue Analysis:<\/strong> In the final quarter of 2023, total revenue amounted to SEK7.10m, signifying a 3.2% decline from the corresponding period in 2022.<\/li>\n<li><strong>Online Gambling:<\/strong> Despite the overall decrease, online gambling revenue marginally increased by 0.23% to SEK4.40bn during the quarter, a deviation from the downward trend observed in the preceding quarters of 2023.<\/li>\n<li><strong>State Lottery and Slots:<\/strong> On the contrary, state lottery and slots revenue plummeted by 14.8% to SEK1.44bn, while Casino Cosmopol revenue witnessed a substantial 33.8% decrease to SEK92m.<\/li>\n<li><strong>Other Sectors:<\/strong> National lotteries revenue saw a positive uptick of 5.6% to SEK1.07bn, whereas public games revenue remained steady at SEK46m. Land-based commercial revenue, however, experienced a modest decline of 3.5% to SEK56m.<\/li>\n<\/ul>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/swedens-gambling-sector-sees-1-2-decline-to-sek27-13bn-in-2023\/\">Sweden\u2019s Gambling Sector Sees 1.2% Decline to SEK27.13bn in 2023<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sweden\u2019s gambling sector witnessed a downturn in revenue during 2023, with preliminary data from the national regulator Spelinspektionen revealing a decrease from SEK27.45bn in the previous year. Online gambling in Sweden, albeit remaining the primary revenue source at SEK17.03bn, experienced a 0.7% dip compared to the preceding year\u2019s SEK17.03bn, presenting a stark contrast to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6743","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=6743"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6743\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=6743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=6743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=6743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}