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Swedish (OMX) Casinos and Gaming Industry Analysis

UpdatedJun 10, 2026
DataAggregated Company Financials
Companies13
  • 7D-0.2%
  • 3M17.9%
  • 1Y-3.4%
  • YTDn/a

Last week, the Casinos and Gaming industry hasn't moved much but Catena Media is up 3.7% in that time. As for the longer term, the industry has declined 3.1% in the last year. As for the next few years, earnings are expected to grow by 6.2% per annum.

Industry Valuation and Performance

Has the Swedish Casinos and Gaming Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 10 Jun 2026SEK 164.5bSEK 43.1bSEK 13.4b13.5x12.2x3.8x
Fri, 08 May 2026SEK 152.4bSEK 42.7bSEK 13.3b21.2x11.5x3.6x
Sun, 05 Apr 2026SEK 146.5bSEK 43.1bSEK 13.6b10.9x10.8x3.4x
Tue, 03 Mar 2026SEK 133.9bSEK 42.1bSEK 13.2b9.6x10.2x3.2x
Thu, 29 Jan 2026SEK 143.0bSEK 43.8bSEK 14.1b7.1x10.1x3.3x
Sat, 27 Dec 2025SEK 148.8bSEK 40.7bSEK 14.3b7x10.4x3.7x
Mon, 24 Nov 2025SEK 150.7bSEK 41.3bSEK 14.5b6.9x10.4x3.6x
Wed, 22 Oct 2025SEK 169.3bSEK 41.1bSEK 14.6b9.6x11.6x4.1x
Fri, 19 Sep 2025SEK 188.9bSEK 41.4bSEK 14.8b11.1x12.8x4.6x
Sun, 17 Aug 2025SEK 193.9bSEK 41.9bSEK 14.9b11.2x13x4.6x
Tue, 15 Jul 2025SEK 188.1bSEK 41.7bSEK 15.1b12x12.5x4.5x
Thu, 12 Jun 2025SEK 169.7bSEK 41.3bSEK 14.8b10.6x11.5x4.1x
Sat, 10 May 2025SEK 164.3bSEK 40.6bSEK 15.0b11.7x11x4x
Mon, 07 Apr 2025SEK 174.4bSEK 40.3bSEK 15.2b10.1x11.5x4.3x
Wed, 05 Mar 2025SEK 194.6bSEK 40.6bSEK 15.3b11x12.7x4.8x
Fri, 31 Jan 2025SEK 207.1bSEK 39.7bSEK 15.1b11.2x13.7x5.2x
Sun, 29 Dec 2024SEK 200.2bSEK 39.7bSEK 15.1b11.1x13.2x5x
Tue, 26 Nov 2024SEK 229.3bSEK 39.9bSEK 15.2b9.9x15.1x5.8x
Thu, 24 Oct 2024SEK 237.8bSEK 37.7bSEK 14.5b15.8x16.4x6.3x
Sat, 21 Sep 2024SEK 259.1bSEK 54.3bSEK 15.1b15.1x17.1x4.8x
Mon, 19 Aug 2024SEK 267.5bSEK 54.7bSEK 15.1b16.8x17.7x4.9x
Wed, 17 Jul 2024SEK 291.7bSEK 53.5bSEK 15.2b17.5x19.2x5.5x
Fri, 14 Jun 2024SEK 275.5bSEK 52.2bSEK 14.7b17.5x18.8x5.3x
Sun, 12 May 2024SEK 310.1bSEK 53.2bSEK 15.2b13.2x20.4x5.8x
Tue, 09 Apr 2024SEK 321.3bSEK 51.6bSEK 14.7b11.7x21.9x6.2x
Thu, 07 Mar 2024SEK 324.7bSEK 50.5bSEK 14.4b12x22.6x6.4x
Sat, 03 Feb 2024SEK 327.6bSEK 56.7bSEK 15.5b16.3x21.1x5.8x
Mon, 01 Jan 2024SEK 307.7bSEK 54.8bSEK 14.6b16.2x21.1x5.6x
Wed, 29 Nov 2023SEK 283.9bSEK 55.7bSEK 15.5b13.8x18.3x5.1x
Fri, 27 Oct 2023SEK 261.8bSEK 56.0bSEK 15.6b13x16.8x4.7x
Sun, 24 Sep 2023SEK 297.4bSEK 56.2bSEK 15.7b14.6x18.9x5.3x
Tue, 22 Aug 2023SEK 306.2bSEK 56.8bSEK 15.8b15.1x19.4x5.4x
Thu, 20 Jul 2023SEK 345.3bSEK 52.0bSEK 14.0b17.5x24.7x6.6x
Sat, 17 Jun 2023SEK 553.8bSEK 52.7bSEK 14.1b20.4x39.2x10.5x
Price to Earnings Ratio

39.2x


Total Market Cap: SEK 553.8bTotal Earnings: SEK 14.1bTotal Revenue: SEK 52.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Casinos and Gaming Industry Price to Earnings3Y Average 16x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Casinos and Gaming industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 12.2x which is lower than its 3-year average PE of 16.0x.
  • The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Casinos and Gaming industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 6.4% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Swedish Casinos and Gaming compare with similar industries?

SE Market-2.10%
Consumer Discretionary-0.95%
Hospitality-0.35%
Casinos and Gaming-0.23%
Restaurants0%0
Hotels, Resorts and Cruise Lines-0.36%
Leisure Facilities-1.04%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BETS B BetssonSEK 90.702.7%
+SEK 323.4m		-52.5%PE7.3x
RAKE Raketech Group HoldingSEK 1.791.4%
+SEK 1.1m		-37.2%PE37x
36GRP 36 GroupSEK 0.114.9%
+SEK 182.5k		-91.6%PS0.2x

Latest News

EVO
SEK 701.40
Evolution
7D
-0.2%
1Y
5.9%
Narrative Update • Jun 06

EVO: Mixed Rating Shifts And Dividend Pause Will Shape Future Risk Balance

Evolution's refreshed analyst price target edges higher to SEK 665.80 from SEK 655.61. Analysts cite updated fair value work that reflects slightly adjusted growth, profit margin and P/E assumptions, alongside a mix of recent price target moves and rating changes across the Street.
BETS B
SEK 90.70
Betsson
7D
2.7%
1Y
-52.5%
New Narrative • Jun 04

The Market Is Paying You a 9.3% Dividend and an 18.9% FCF Yield to Wait for a Recovery That's Already Starting

Betsson AB (founded 1963, listed Nasdaq Stockholm Large Cap) is one of Europe's largest online gaming operators. It runs a dual model: B2C gaming under proprietary brands (Betsson, Betsafe, Inkabet, NordicBet) across 25 licensed jurisdictions — Casino (71% of revenue) + Sportsbook (28%) — and B2B platform licensing (Techsson PAM) to third-party operators.
RAKE
SEK 1.79
Raketech Group Holding
7D
1.4%
1Y
-37.2%
KAMBI
SEK 164.80
Kambi Group
7D
-6.6%
1Y
29.5%
Narrative Update • Jun 03

KAMBI: New Lottery Contracts Will Not Prevent Future Multiple Compression

Analysts have maintained Kambi Group's fair value estimate at SEK 139.90 while slightly adjusting key inputs such as the discount rate, revenue growth, profit margin and future P/E. This has led to a modest recalibration of their SEK-based price target rather than a major shift in view.
BETCO
SEK 120.20
Better Collective
7D
-0.5%
1Y
-5.3%
Narrative Update • Jun 01

BETCO: Buybacks And Higher P E Multiple Expectations Will Shape Future Returns

Analysts have raised their SEK price target for Better Collective by SEK 15. This reflects updated views on its fair value, discount rate, revenue growth outlook, profit margins and future P/E assumptions.
EMB
SEK 0.56
EMB Mission Bound
7D
-14.0%
1Y
18.0%
ACROUD
SEK 0.15
Acroud
7D
-2.6%
1Y
7.2%
GIG SDB
SEK 2.24
GiG Software
7D
-2.6%
1Y
-67.3%
36GRP
SEK 0.11
36 Group
7D
4.9%
1Y
-91.6%
G2M
SEK 5.12
Gentoo Media
7D
-4.8%
1Y
-65.9%
ANGL
SEK 3.60
Angler Gaming
7D
-4.5%
1Y
-21.4%