Svenska Spel states that it has generated 93.2% of its corporate income from ‘healthy revenues’ during Q2 trading. Sweden’s state-owned gambling group continues to publish its ‘transparent safer gambling metrics’, alongside Kindred Group and ATG, as part of a pledge maintained by ‘Sweden’s three largest gambling firms.’ Q2 trading saw Svenska Spel generate net gaming revenues of SEK 1.87bn (€166m), …
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Svenska Spel brightens commercial outlook following H1 reorganisation
Svenska Spel states that it has achieved the ‘reorganisation objectives’ to lower group costs and improve operating margin, of the business units of Sweden’s state-owned gambling monopoly. Filing its H1 interim report, Svenska Spel issued its first corporate update under the leadership of new Group CEO Anna Johnson, who stated: “We have carried out a review of organisation, working methods …
Read More »Svenska Spel to report on sustainable low-risk revenue from August
Svenska Spel will begin publishing new data revealing its revenues generated from customers with a low-risk gambling profile. The new leadership team, CEO Anna Johnson and Chairman Erik Strand, has pledged to sustainable reporting figures as a commitment from Sweden’s state-owned gambling firm. Reporting will start at the end of August, with Svenska Spel revealing its sustainable percentage revenues for …
Read More »Svenska Spel to close Cosmopol Gothenburg and Malmö venues
Svenska Spel has informed that it will close the Casino Cosmopol venues in the cities of Gothenburg and Malmö. The decision was taken as Svenska Spel continues to reorganise the Casino Cosmopol unit, which faces “issues with profitability due to a decrease in visitor numbers.” As such, Svenska Spel plans to close Casino Cosmopol locations in Gothenburg and Malmö to …
Read More »Svenska Spel elects Anna Johnson as inbound CEO
Svenska Spel has announced the inbound appointment of Anna Johnson as the new CEO of Sweden’s state-owned gambling and lotteries group. As declared by the board of Svenska Spel, Johnson will join the company in June 2024, succeeding outgoing CEO Patrik Hofbauer, who is set to become the Chief Executive of Telia Company, Scandinavia’s largest telecommunications firm. Johnson joins Svenska …
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