Sweden’s Online Gambling Revenue Declines 3.4% in Q3 2019

Posted by Zoltan Tundik October 31, 2019
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Sweden’s Online Gambling Revenue Declines 3.4% in Q3 2019Reading Time: 1 minute

 

Swedish Gaming Authority Spelinspektionen has reported a 3.4% month-on-month decline in the online gambling revenue for Q3 2019.

The gambling regulator posted SEK3.35bn ($344.4m) in revenue from online gaming and betting operations for the three months to September 30, 2019. For Q2 2019, the gambling regulator posted SEK3.47bn in revenue.

While the full financial report for the quarter is yet to be published, it is evident that the Swedish online gambling market has taken a hit.

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Zoltan Tundik
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After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.