Sweden's liicensed gambling operators reported revenue of SEK5.90bn in the first quarter of 2020, down 1.4% from 2019, according to new figures from regulator Spelinspektionen and the Swedish Tax Agency.
New figures from the Swedish Tax Authority and gaming regulator Spelinspektionen suggest that net gaming revenue for Sweden’s land-based and online gaming market amounted to SEK6.0bn (£479.9m/€559.0m/$626.0m) in the first quarter of 2019.
Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.
The Danish igaming market is small but almost perfectly formed, with its business-friendly approach driving a high number of consumers to use licensed operators, the latest research from the iGaming Business Market Monitor reveals.
NetEnt has claimed victory in a legal case against the Swedish Tax Agency, after the Administrative Court of Appeal ruled in favour of the digital casino specialist and awarded it SEK 1.8 million (€193,800/$212,700) in compensation.