Home » Swedish Gambling Revenue Tops SEK 6.7 Billion in First Quarter of 2024

Swedish Gambling Revenue Tops SEK 6.7 Billion in First Quarter of 2024

Sweden’s gambling authority, Spelinspektionen, has released its latest financial report revealing that licensed gambling operators generated SEK 6.7 billion ($6826.9 million/€576.6 million) in Q1 of 2024.
Online gambling was the market leader with 63.6% of all gambling revenues in the quarter

According to the report this represents a 7% drop compared to the previous quarter, but a 1.5% increase on q1 2023.

Online Gambling

Commercial online gambling including both online casino gaming and sports betting providers were the market leaders with just under SEK 4.2 billion ($393 million/€3361.4 million) in Q1, a slight increase on Q1 2023’s figure of SEK 4.1 billion. In the first quarter of the year online gambling accounted for 63.6% of all revenues in the industry.

In-Person Gambling

State lottery and in-person slot games generated SEK 1.35 billion ($126.3 million/€116.1 million) in revenue for the quarter, down by less than 1% year-on-year, but a 6.2% drop compared to the previous quarter.

State casino gambling through Casino Cosmopol generated revenues of SEK 65 million ($6 million/€5.59 million) in Q1 2024, a significant decrease of 48.4% year-on-year. It was also a 29.4% decrease compared to the previous quarter. The drop in revenues was a direct result of the closure of Casino Cosmopol in Gothenburg and Malmö during the quarter.

The report also reveals that by the end of Q1, approximately 110,000 people had self-excluded from gambling through the national self-exclusion program Spelpaus.se. This was up by 6% compared to the previous quarter.



Gambling industry journalist with a background in online poker and trading. Covering the regulated U.S Sports industry and the exciting world of online poker.