Swedish gambling industry turnover increased 1.3% to SEK 28.2bn for 2025

The Spelinspektionen, the Swedish Gambling Authority, has published its Q4 figures and FY25 results for the licensed gambling industry. 

Q4 2025

The total turnover for Q4 2025 was SEK 7.81bn (US$861.3m), which was a 2.6% increase year-on-year. 

As with many other jurisdictions, the online casino and betting vertical performed well, with a 7.1% increase taking the total to SEK 4.95bn. 

This reflected steady growth in the sector when looking over the last five years, with Q4 2020 coming to SEK 4.2bn for online casino and betting. 

The state lottery saw the opposite, dipping 11% to SEK 1.52bn while lotteries for public benefit did increase 6.8% to SEK 1.2bn, suggesting that the public may have swayed more towards supporting good causes towards the end of the year. 

This could also have been influenced by changes in the wider industry, including Sweden's ban on using credit cards, political scandals linked to lotteries, and Svenska Spel's final dissolution of its gambling monopoly while retaining its online casino monopoly.

Additional games for public benefit, such as bingo, remained steady at SEK 54m in both last year and this year. 

State casino games continued to hit the zero mark after the closure of Casino Cosmopol last year, which may explain why the remaining land-based sector in restaurants and other smaller venues increased 12% to SEK 74m.

FY25 

The net turnover for the year was SEK 28.2bn, a meagre yet steady increase of 1.3% compared to 2024. 

Similar to the trends found between the quarterly results, state lottery results fell 3.4% to SEK 5.5bn, while the lotteries for public benefit increased 1.7% to SEK 3.76bn. 

The state casino game turnover from Casino Cosmopol fell 78.8% to SEK 34m, and will be the last entry for the sector following its closure on 24 April, 2025. 

Also following the trend of Q4, it seems that land-based casino fans simply dispersed to other venues such as restaurant casinos, as 2025 increased 9.6% to SEK 263m when compared to the previous year.

The bingo games for public benefit saw a 0.5% increase to SEK 201m, although this is still over the five-year average of SEK 192.8m for this vertical.