Tag: Svenska Spel
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
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
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
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
Swedish regulator fines Svenska Spel $9.4M over player protection gaps
In a somewhat surprising development, the Swedish government has fined itself, with the country’s gambling authority Spelinspektionen... more
Svenska Spel in 2023 maintains a stable footing amidst economic challenges
Svenska Spel has released its annual report for the year 2023, revealing insights into its performance amidst challenging external... more