Tag: Svenska Spel
Swedish court overturns penalty fee issued to Svenska Spel
A Swedish court has overturned a 2024 decision by the Swedish Gambling Authority to issue state-owned operator Svenska Spel with a SEK100m... more
Sweden: Svenska Spel closes last remaining Casino Cosmopol venue
Svenska Spel has confirmed the closure of its final land-based casino in Stockholm, after the Swedish parliament voted to end land-based... more
Svenska Spel initiates online channel migration in post-Cosmopol era
Sweden’s state-owned operator Svenska Spel has reported a minor 4% decrease YoY in quarterly revenue as it kicks off FY2025.... more
Sweden to discontinue land-based casino gambling
The Riksdag, Sweden’s parliament, has voted in favour of abolishing land-based casino gaming in the country, with the decision set to... more
Sweden trade body chief urges government to initiate Svenska Spel sale
Gustaf Hoffstedt, the secretary general of the Sweden Trade Association for Online Gambling (BOS), has urged the country’s government to... more
Sweden: Higher tax and new RG measures hit Svenska Spel as revenue dips in Q3
Svenska Spel posted year-on-year declines in revenue and net profit in Q3. It blames a higher gambling tax rate and heightened responsible... more
Swedish GGR up year-on-year in Q2, driven by online growth
Swedish-licensed operators generated GGR of SEK6.89bn in Q2 2024, according to the Swedish Gambling Authority (SGA). This figure... more
Svenska Spel low-risk player revenue hits 93% in Q2
Svenska Spel says 93.2% of its Q2 revenue related to low-risk players, after the operator contacted 2% of its customer base in H1 about... more
Sweden regulator warns Casino Cosmopol closure could raise illegal gambling risk
Swedish regulator Spelinspektionen has raised concerns over how the proposed closure of the state-owned operator Svenska Spel’s Casino... more
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