Majority of Swedish betting takes place with licensed operators, says gambling authority

Tech

The Swedish Gambling Authority has shared a new report estimating that the channelization rate with licensed operators was 85 percent in 2024.

The report highlights a largely steady channelization rate between 2023 and 2024, reporting 85 percent last year, down from 86 percent the year before. The channelization rate measures how much gambling for money takes place at gambling companies with a Swedish license within the competitive market.

Such data offers a snapshot of the gambling market, underlining the proportion of players who have played in the licensed competitive market. It’s worth noting that the degree of channeling varies between different forms of gambling. For example, online betting has a higher rate than physical casinos. On-land casinos are all set to be banned in Sweden in the coming years.

The data was gathered via player surveys and internet traffic measurement. Only a small part of the traffic to unlicensed websites includes websites that the Swedish Gambling Authority has said to be targeting Swedish users without the necessary license, according to Camilla Rosenberg, Director General of the Swedish Gambling Authority.

The importance of licensed operators

While there weren’t huge changes in the channelization rate between 2023 and 2024, the rate demonstrates the impact of the licensing system. Going back just five years before to 2019, the channelization rate was estimated to be less than 50 percent.

This stems from efforts from the Swedish Gambling Authority and the state in general to gain control over the previously unlicensed gambling across the country. The greater the rate of channelization, the more control over the gambling market there is.

Working with licensed operators is the path to protecting bettors more closely, something that’s been a priority for the Swedish authorities throughout recent years.

Featured image: Wikimedia Commons, licensed under CC BY-SA 4.0

The post Majority of Swedish betting takes place with licensed operators, says gambling authority appeared first on ReadWrite.

ReadWrite

Rachael Davies

Tech Journalist

Rachael Davies has spent six years reporting on tech and entertainment, writing for publications like the Evening Standard, Huffington Post, Dazed, and more. From niche topics like the latest gaming mods to consumer-faced guides on the latest tech, she puts her MA in Convergent Journalism to work, following avenues guided by a variety of interests. As well as writing, she also has experience in editing as the UK Editor of The Mary Sue , as well as speaking on the important of SEO in journalism at the Student Press Association National Conference. You can find her full portfolio over on…

(13)

Author: admin
Device Daily Photo