Svenska Spel reported a small year-on-year increase in net profit for its 2022 financial year despite a 1.2% decline in revenue, while the operator is also set to propose an SEK2.00bn ($193.5m) dividend.
Revenue for the year reached SEK8.04bn, down from SEK8.14bn in the previous financial year, with a mixed set of results for its operating divisions.
The Tur lottery division remained by far the operator’s primary source of revenue, with this area of the business generating SEK4.90bn in revenue in 2022, a 0.4% drop from 2021. This was put down to the change in customers’ purchasing habits in retail.
Revenue from the Sport & Casino arm reached SEK2.07bn, down 12.2% year-on-year as a result of new responsible gambling measures, cancelled sports events at the start of the year and limited range of pool games during the Fifa World Cup.
