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Swedish Gambling Revenue Down 3 Percent
Thursday August 28,2014 : SWEDISH GAMBLING DECLINES IN FIRST HALF 2014
National revenues down 3 percent.
Sweden's restrictive gambling regulatory regime continues to hobble the industry in the Nordic nation, with Lotteriinspektionen - Sweden’s gambling and lottery authority - reporting this week that in the first half of 2014 revenues declined by 3 percent compared to H1-2013.
Only sports betting showed positive results, with all other verticals delivering at best a muted performance.
Lotteriinspektionen reported that the market had been "sluggish", with regulated operators logging gross turnover of SEK19.3 billion, and gaming revenues shrinking by 11 percent y-o-y to SEK7.8 billion.
The regulator's report echoes complaints from state gambling monopoly Svenska Spel, which earlier this month posted a 6.2 percent dip in profits and a decline in net gaming revenues to SEK 2.29 billion in Q1-2014, noting that it intended to apply to the regulator for permission to operate an online casino to bolster its results
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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