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Swedish (OMX) Casinos and Gaming Industry Analysis

UpdatedMay 23, 2026
DataAggregated Company Financials
Companies13
  • 7D6.2%
  • 3M26.3%
  • 1Y-0.5%
  • YTDn/a

In the last week, the Casinos and Gaming industry is up 7.2%, with Evolution up 8.9%. In the same time, Better Collective was down 7.7%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 5.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 May 2026SEK 163.9bSEK 42.8bSEK 13.3b17.8x12.3x3.8x
Mon, 20 Apr 2026SEK 156.8bSEK 42.6bSEK 13.4b12.2x11.7x3.7x
Wed, 18 Mar 2026SEK 143.5bSEK 42.2bSEK 13.2b10.3x10.8x3.4x
Fri, 13 Feb 2026SEK 130.6bSEK 42.0bSEK 13.2b6.6x9.9x3.1x
Sun, 11 Jan 2026SEK 153.9bSEK 44.4bSEK 14.3b8.9x10.8x3.5x
Tue, 09 Dec 2025SEK 150.6bSEK 41.1bSEK 14.5b6.9x10.4x3.7x
Thu, 06 Nov 2025SEK 151.8bSEK 41.3bSEK 13.9b9.3x10.9x3.7x
Sat, 04 Oct 2025SEK 177.3bSEK 41.3bSEK 14.7b10.6x12.1x4.3x
Mon, 01 Sep 2025SEK 193.2bSEK 41.6bSEK 14.8b11.4x13x4.6x
Wed, 30 Jul 2025SEK 204.0bSEK 41.8bSEK 14.8b11.8x13.8x4.9x
Fri, 27 Jun 2025SEK 180.6bSEK 41.7bSEK 15.0b10.8x12.1x4.3x
Sun, 25 May 2025SEK 161.4bSEK 40.6bSEK 14.6b10.9x11x4x
Tue, 22 Apr 2025SEK 194.7bSEK 40.1bSEK 15.2b10.9x12.8x4.9x
Thu, 20 Mar 2025SEK 190.7bSEK 40.3bSEK 15.2b11.1x12.5x4.7x
Sat, 15 Feb 2025SEK 201.8bSEK 41.2bSEK 16.0b12.3x12.6x4.9x
Mon, 13 Jan 2025SEK 198.4bSEK 39.8bSEK 15.2b10.9x13.1x5x
Wed, 11 Dec 2024SEK 228.6bSEK 40.0bSEK 15.2b9.8x15x5.7x
Fri, 08 Nov 2024SEK 229.3bSEK 40.0bSEK 15.2b13.7x15.1x5.7x
Sun, 06 Oct 2024SEK 276.1bSEK 54.4bSEK 15.2b17.1x18.2x5.1x
Tue, 03 Sep 2024SEK 271.2bSEK 54.1bSEK 15.1b15.8x17.9x5x
Thu, 01 Aug 2024SEK 268.5bSEK 55.3bSEK 15.3b17.2x17.5x4.9x
Sat, 29 Jun 2024SEK 276.6bSEK 52.5bSEK 14.9b16.5x18.6x5.3x
Mon, 27 May 2024SEK 295.6bSEK 53.4bSEK 15.1b16.9x19.6x5.5x
Wed, 24 Apr 2024SEK 326.7bSEK 52.1bSEK 14.8b11.6x22.1x6.3x
Fri, 22 Mar 2024SEK 335.1bSEK 51.1bSEK 14.6b11.8x23x6.6x
Sun, 18 Feb 2024SEK 323.9bSEK 50.8bSEK 14.4b11.1x22.5x6.4x
Tue, 16 Jan 2024SEK 297.2bSEK 55.7bSEK 14.8b15.1x20.1x5.3x
Thu, 14 Dec 2023SEK 301.2bSEK 55.5bSEK 14.8b15.6x20.4x5.4x
Sat, 11 Nov 2023SEK 265.3bSEK 56.8bSEK 15.9b13.2x16.6x4.7x
Mon, 09 Oct 2023SEK 291.9bSEK 55.3bSEK 15.4b14.5x19x5.3x
Wed, 06 Sep 2023SEK 314.2bSEK 56.8bSEK 15.8b15x19.9x5.5x
Fri, 04 Aug 2023SEK 328.4bSEK 55.7bSEK 15.5b16.1x21.2x5.9x
Sun, 02 Jul 2023SEK 350.0bSEK 53.2bSEK 14.3b16.7x24.5x6.6x
Tue, 30 May 2023SEK 564.4bSEK 52.3bSEK 14.1b20.4x40.1x10.8x
Price to Earnings Ratio

40.1x


Total Market Cap: SEK 564.4bTotal Earnings: SEK 14.1bTotal Revenue: SEK 52.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Casinos and Gaming Industry Price to Earnings3Y Average 16.4x202420252026
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 12.3x which is lower than its 3-year average PE of 16.4x.
  • The 3-year average PS ratio of 5.1x 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 6.6% 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 Market3.21%
Consumer Discretionary3.26%
Hospitality4.86%
Casinos and Gaming6.17%
Leisure Facilities0.71%
Restaurants0%0
Hotels, Resorts and Cruise Lines-0.65%
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
EVO EvolutionSEK 700.007.7%
+SEK 9.9b		9.0%PE12.1x
BETS B BetssonSEK 90.553.3%
+SEK 390.8m		-50.4%PE7.3x
KAMBI Kambi GroupSEK 151.402.3%
+SEK 90.3m		33.2%PE44.5x
GIG SDB GiG SoftwareSEK 2.257.7%
+SEK 24.9m		-61.2%PS0.7x
ACROUD AcroudSEK 0.144.4%
+SEK 7.7m		0%PS0.4x

Latest News

GIG SDB
SEK 2.25
GiG Software
7D
7.7%
1Y
-61.2%
BETCO
SEK 120.60
Better Collective
7D
-11.5%
1Y
-4.7%
ACROUD
SEK 0.14
Acroud
7D
4.4%
1Y
0%
FABLE
SEK 5.44
Fable Media Group
7D
-3.5%
1Y
7.9%
36GRP
SEK 0.11
36 Group
7D
-9.8%
1Y
-89.6%
BETS B
SEK 90.55
Betsson
7D
3.3%
1Y
-50.4%
KAMBI
SEK 151.40
Kambi Group
7D
2.3%
1Y
33.2%
Narrative Update • May 18

KAMBI: New Lottery Deals And Buybacks Will Offset Softer Multiple Outlook

Analysts have trimmed their SEK price target for Kambi Group slightly, reflecting a modest adjustment in fair value to SEK 139.90. The updated assumptions now pair a lower revenue growth outlook and P/E multiple with a marginally higher profit margin and slightly reduced discount rate.
CTM
SEK 2.50
Catena Media
7D
2.2%
1Y
44.2%
EVO
SEK 700.00
Evolution
7D
7.7%
1Y
9.0%
Narrative Update • May 09

EVO: Mixed Rating Changes And Dividend Pause Will Shape Risk Repricing

The analyst price target for Evolution has been adjusted slightly lower by SEK 15 to reflect mixed recent Street moves, with some firms trimming SEK 20 to SEK 60 from their targets while others raised or upgraded the stock. Analysts now balance higher revenue growth expectations with more cautious profit margin and P/E assumptions.
EMB
SEK 0.59
EMB Mission Bound
7D
-5.8%
1Y
12.4%
G2M
SEK 5.82
Gentoo Media
7D
-7.8%
1Y
-57.6%
FSPORT
SEK 0.10
FSport
7D
-10.3%
1Y
32.1%
BLICK
SEK 1.04
Blick Global Group
7D
19.8%
1Y
62.5%
ANGL
SEK 3.60
Angler Gaming
7D
-4.5%
1Y
-21.4%
RAKE
SEK 1.82
Raketech Group Holding
7D
-0.8%
1Y
-34.0%