As per the numbers from Sweden’s tax authority, December revenues for the Swedish market finished the year on a new high of SEK 1.29bn (+15% on the prior month), with revenues for the year coming in at SEK 14bn. As usual, these numbers a likely to be revised slightly as some of the tax numbers are missing.
The order of the top-6 remained the same, with four of the six growing revenues on the prior quarter. The Q4 number for #9 Mandalorian has been estimated as the December tax number was missing. Of the top-20, December was a record month for ATG, Kindred, LeoVegas, Videoslots, Glitnor Group and Casumo, with the latter bouncing back from having hit a new low in November. GVC (#21) had a record December (SEK 7.9m), which helped drive Q4 revenues up 213% on Q3. Of the top-20, Glitnor Group delivered the strongest QoQ growth rate (+40%), while GIG’s revenues, having hit new lows in both November and December, saw Q4 down 29% on the prior quarter.