Tag Archives: Svenska Spel
Sweden – Svenska Spel enjoys slight revenue increase with online accounting for 52 per cent
In the quarter when Casino Cosmopol in Stockholm celebrated its 20th anniversary, Swedish state-owned operator Svenska Spel was able to report a strong start to the year with net gaming revenue of SEK 1,976m, marking an increase of two per cent. The quarter also saw the launch of new games like Momang and improvements to…
Sweden – BOS reiterates call for Svenska Spel to off load gambling interests
BOS, the Swedish Trade Association for Online Gambling, has again called on state-owned Svenska Spel to sell its interests in the casino and betting industry and end the government’s involvement in the commercial gambling sector. Since 2019, Sweden has had a licensing system for gambling companies with two types of gambling markets; partly a monopoly…
Sweden – Svenska Spel sees focus on sustainable gaming increase the share of ‘healthy’ revenues
The proportion of what its calls ‘sound revenues and healthy customers increases’ have increased for Swedish gambling operator Svenska Spel during the second quarter of the year thanks to strengthened responsible gaming measures. The Group’s revenues increased as Casino Cosmopol has been open this year, following the COVID closures enforced by the pandemic. The Group’s…
Sweden – Svenska Spel now odds on to be privatised following September 9 general election
Sweden’s state owned gambling operator Svenska Spel will be privatised if either the current Social Democrat party retains power or if the Moderaterna Party is voted in on the general election of September 9. Following recommendations made in the ‘Spelmarknadsutredningen – 2020 Gambling Market Inquiry’ headed by Social Democrat MP Anna-Lena Sörenson, the Moderaterna Party has confirmed its plans…
Sweden – Svenska Spel asks for stability, sustainability and consumer protection
Sweden’s state-owned gambling operator Svenska Spel has pleaded for a period of stability rather than more regulatory change, following the publication of the government’s major gambling reform bill. Chief Executive of Svenska Spel Patrik Hofbauer said that whilst the new gambling laws would address gaps in the current legislation He said: “The proposal focuses on…
Sweden – Push Gaming signs Svenska Spel content deal
Push Gaming has strengthened its Swedish market position after finalising a deal with state-owned operator, Svenska Spel. The direct partnership will see recent releases such as Bison Battle, Jammin’ Jars 2 and Fire Hopper made available to Svenska Spel players. The partnership will allow Push Gaming’s portfolio to grow amongst its Swedish player base through…
UK – IWG signs eInstant contract with LEIA
Instant Win Gaming (IWG), a leading supplier of digital eInstant games to WLA/NASPL-member lotteries, has been selected by the Lotteries Entertainment Innovation Alliance (LEIA) to supply eInstants, also known as instant win games, to the joint venture’s five members; Danske Lotteri Spil, Française des Jeux (FDJ), Norsk Tipping, Svenska Spel and Veikkaus. Following a competitive…
Sweden – Svenska Spel ordered to close Lucky Bar restaurant casino due to disorder
The Swedish Gaming Inspectorate (Spelinspektionen) has told gambling operator Svenska Spel it can no longer operate its Lucky Bar restaurant casino in Sundsvall. The Police Authority in Västernorrland reported 92 occasions of ‘prepared violence and threat-related incident reports linked to the Lucky Bar with about 25 of them having had a direct connection to the…
Sweden – Svenska Spel enjoys ‘strong third quarter’ despite casinos remaining closed
State-owned Swedish operator Svenska Spel said it had managed a ‘strong third quarter with good profitability for the group,’ despite casino closures, with increased revenues in sports betting as well as number games and lotteries. Since March 29, Casino Cosmopol, has closed all its casinos due to the pandemic with the property in Sundsvall closing…
