Location: Sweden
Patrik Hofbauer to step down from Svenska Spel leadership
Patrik Hofbauer will end his five-year tenure as President and CEO of Sweden’s state-backed betting and lottery corporation, Svenska Spel,... more
Sweden: Kambi signs long-term agreement with Svenska Spel, aiming for H2 2024 impact
Kambi was chosen to provide Svenska Spel Sport & Casino with an online and retail sportsbook. The collaboration is anticipated to yield... more
Sweden proposes gambling tax increase
Sweden’s government (Regeringen) has announced proposals to increase the gambling tax rate in the country from 18% to 22% of gross gaming... more
Sweden’s gambling regulator nets funding boost from government
Sweden’s gambling regulator, Spelinspektionen, is set for a funding boost to ensure it meets Europe-wide commitments to counter... more
Swedish gambling revenue hits SEK6.70bn in Q2
Gross gaming revenue (GGR) from licensed gambling operators active in Sweden amounted to SEK6.70bn ($603.9m) in the second quarter, down... more
Betsson eyes new acquisitions after €75.0m bond issue
Betsson has completed a €75.0m ($80.6m) bond issue, revealing it plans to use the funds to pursue new investments including acquisitions.... more
Yggdrasil names James Curwen CEO, succeeding Björn Krantz
James Curwen has been named the new CEO of Yggdrasil, starting on 1 October. Curwen, who is now the Chief Online Officer of OPAP, the Greek... more
Announcing ‘all-time high’ revenues in H1, Betsson CEO says Netherlands return still a possibility
Betsson AB CEO Pontus Lindwall insists that the global gaming group has ‘not shut the door’ on the Netherlands despite withdrawing its... more
Sweden: Digital compensates for retail challenges in Svenska Spel H1
Svenska Spel announced net gaming revenue of SEK 1.97bn ($190m) in H1 2023, a small rise from the SEK1.96bn the business achieved in the... more
Betsson tracks record-breaking Q2 results
Betsson AB has alerted investors that Q2 2023 will generate the highest revenue ever in a single quarter recorded by the Stockholm-listed... more
