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It seems that more and more countries are beginning to join the online gambling industry
 December 13, 2007, 10:45 am (4 years ago)It seems that more and more countries are beginning to join the online gambling industry. According to Sveriges Radio Internation, a Swedish radio station, more Swedes are gambling even larger amounts of money than ever before. And these numbers are growing daily.
Svenska Spel, a state run gambling company, recently stated that it expects a 40 percent increase in the amount of money bet over its Internet sites by the end of 2007. ATG, a sports gambling firm, has already reported a 30 percent increase in bets placed online during the first six months of 2007.
One reason for the increase in players may be that Swedish betting sites are now offering more for the money. Websites have extended the variety of games that they offer to now include soccer, horse racing, poker, and even bingo. Folkspel, another Swedish gaming company, had in the past watched their scratch card bingo game revenue decline. Now, during the first six months of 2007, Folkspel has seen a $3.2 Million turnover from its online bingo site, which was launched only 1 year ago.
The gambling industry’s forecast for Sweden in 2007 is a bright one. They expect to see record turnover for Swedish companies, both online and off.
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