Operator News
Sweden – Svenska Spel forced into search for new CEO
By Phil - 29 January 2018
Swedish state-owned gambling company Svenska Spel is looking for a new Chief Executive, following the resignation of Lennart Käll.
He had served as Svenska Spel CEO since 2011 and leaves at a time when Sweden is about to regulate the online gaming market to open it up to international operators. The new Swedish Gambling framework which will replace the 1994 Lottery Act and the1999 Casino Act is expecting to be introduced at the start of new year.
Mr Käll said; “I am proud of what I together with my management at Svenska Spel have accomplished during my time as CEO. We have delivered on public assignments and showed that as a gaming company you can combine responsibility and growth. Svenska Spel is well equipped for Sweden’s new gaming market.”
Svenska Spel Chairman Erik Strand, added: “We thank Lennart for the good work he has done during his seven years as CEO. Svenska Spel – Swedish people’s gaming company – is well prepared for the restructuring of the market, that will hopefully come into force at the turn of the year. The recruitment of Lennart’s successor has started and will be completed in the spring.”
In April 2016, Mr. Käll was stopped in his car at gunpoint and told to pay SEK 2.9m (US$369k), which the assailant claimed was the amount his father had lost betting with Svenska Spel. The gunman took his bank cards but was later arrested.
