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World Cup boost sales for gaming firms

The Local · 26 Jun 2014, 09:54

Published: 26 Jun 2014 09:54 GMT+02:00

Zlatan Ibrahimovic and company may not have qualified for the football extravaganza in Brazil, but Swedes are certainly keen on betting on the action in South America. 

"There have been more bets traded than during the last World Cup when looking at the group stage, and the group stage isn't even finished yet so it's very positive figures," Michael Stålblom of Sweden's state-owned gaming company Svenska Spel told Swedish Radio's Ekot.

Betting sales have rocketed by an estimated 50 percent in comparison to 2013, when no major football tournament was taking place.

Stålblom added that the shock results, such as Spain and England being dumped out in the first round, have helped the gaming firms clean up.

Betting is tightly controlled in Sweden, with only Svenska Spel having a high-street presence. However, there are no such restrictions for online betting firms, which have been advertising heavily on television and other media formats during the tournament.

It's also common for live-betting odds to flash up on screen during televised matches during the Swedish Allsvenskan.

Story continues below…

One Swedish football fan has already pocketed big after earning 14,000 kronor ($2,080) that Uruguay star Luis Suarez would bite somebody during the World Cup.  

The Local/pr

The Local (news@thelocal.se)

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