Svenska Spel has recorded mixed financial results in its Q2 2022 interim report, with the group seeing revenue increases despite dips in earnings and operating margin.
Net gaming revenue amounted to SEK$1,963m (US$190m), representing a marginal increase of 1%. This increase can be attributed to the suspension of casino operations in Q2 2021.
The total operating profit stood at SEK$531m, representing a 7% decrease from the previous year. A rise in costs for technology and product development explains this fall in profit.
Svenska Spel’s result came to SEK$425m, a decrease of 6%, with an operating margin of 27% and an image value amounting to 51%. Additionally, the company detailed a three-year partnership it secured with Svensk Travsport.