Location: Sweden
Svenska Spel talks up long-term growth prospects despite H1 declines
Svenska Spel CEO and president Anna Johnson says despite reporting a decline in revenue and net profit during H1, recent action taken by... more
Sweden’s state-owned operator to begin publishing “healthy” revenue data
Sweden’s Svenska Spel has announced that it is to begin reporting the proportion of revenue it generates from customers with a lower risk... more
Kindred’s historic Sweden fine reduced to SEK30m
The Administrative Court of Appeal in Jönköping has ordered a historic fine for the Spooniker subsidiary of Kindred to be reduced for the... more
Svenska Spel and Kambi launch co-branded sportsbook in Sweden
Swedish state-owned operator Svenska Spel has launched its sportsbook platform in collaboration with Kambi Group. Both companies have been... more
‘End of an era’ as Sweden considers closure of country’s last casino
The Swedish government is considering the closure of the last remaining land-based casino in the country. A newly drafted proposal will... more
Swedish sports, gambling prepare for common match-fixing data exchange
Swedish gambling will enter a transformative phase during H2 as the government launches its new cooperative framework to combat... more
MGM credits regional and global reach, digital, and Marriott partnership as contributors to record Q1
MGM Resorts International’s earnings conference call Wednesday was marked by a slight change in presentation. Instead of CEO Bill... more
Betsson reports 12 percent revenue increase in first quarter
Swedish online gambling company Betsson AB reported growth in revenue, net profit and operating profit in the first quarter of 2024... more
Evolution Gaming revenue up 16.7 percent in the first quarter
Casino game provider Evolution Gaming released its first-quarter report Wednesday, reporting $536.2 million in operating revenue, up 16.7... more
Sweden: Casino closures hit Svenska Spel as net profit falls in Q1
Sweden’s Svenska Spel reported a 24.6% year-on-year decline in net profit to SEK294.0m ($27.0m) in Q1 as spending increased and revenue... more
