Sweden’s Gambling Revenues Level Out
Most Americans usually think of just the United States when it comes to gambling, but the truth is the rest of the world are, and have been, way ahead of the United States when it comes to legal wagering. Other countries have been betting legally on sports for years and years now. It is just finally becoming legal in some states here in the US. Some of the big names that are leading the way in online gambling include DraftKings, FanDuel, and MGM. However, most people still cannot gamble online depending on which state they live in. The good news is that every USA online casino that we recommend accepts and welcomes USA players.
Despite Sweden’s perceived stagnation the country’s gaming industry remains healthy. Their market is considered one of the safest markets in all of Europe. Sweden’s gaming industry has however undergone significant changes over the past few years. The government is committed to keeping the player safe. They also insist the player practice responsible gaming.
Despite gambling revenue leveling out, operators can still bring in substantial profits. In the first quarter of 2023, Swedish regulated gaming operators recorded revenues of $609 million. That was nearly identical for the same period in 2022. Commercial online gambling and betting account for most of the revenue.
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