Sweden’s gambling market grows in first half

[The Buzz]

Swedish regulator Lotteriinspektionen reported this week that gambling revenue during the first half of 2017 was up 3% to SEK 11B (€1.16B/$1.38B), compared to the same period last year.

From Yogonet.com:

According to the report, Svenska Spel continues to lead the Swedish market. However, the state-owned operator experienced a 2% year-on-year decline in turnover, despite a 12% hike in online revenue.

Offshore-licensed companies generated a combined SEK 2.65B in online gaming revenue, a figure that represents a 17% increase on the total collected by such operators in the same period last year, as more Swedish players chose offshore firms for online gambling activities.

A recent Mediavision survey shows that 61% of all new online gambling accounts in the past year have been registered to offshore-licensed firms

Read more here: http://www.yogonet.com/international...-in-first-half

[AsongAboutU]

basically all business grows there.

[Celebrationbird]

Bring it on!!

[Stily1946]

Off shore is the key word everywhere in gambling and casinos

[IDS]

Good news. Hope the trend is not one off.