Svenska Spel has finished 2024 trading on a positive note, concluding a transformative year for Sweden’s state-owned gambling group. Publishing its Q4 and FY2024 accounts, Svenska Spel returns to positive trading following significant adjustments to its business due to the government closing its remaining Casino Cosmopol venues in H1 and applying further limits on retail slots. Of significance, in Q4, …
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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 …
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Deutscher Sportwettenverband (DSWV) has accomplished a major directive for its trade body, as ODDSET Sportwetten joins its association representing the interests of German bookmakers. The addition of ODDSET as a new member will see DSWV represent all betting businesses licensed in Germany, since the launch of the Fourth Interstate Market (GlüNeuRStv), on 1 July 2021. DSWV noted: “ODDSET’s membership represents …
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The board of Danske Spil has elected Karsten Fogh Holanng as inbound Chief Executive of ‘Licens Spil’ (licensed games) – the sportsbook and online gambling unit of Danske Spil, Denmark’s state-owned gambling operator. Holanng, who has served as Chief Information Officer of Licens Spil since 2016, will take leadership of Danske Spil’s online gambling unit in February of 2022. The …
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German football’s governing body, The German Football Association (DFB), has confirmed a new partnership with bookmaker Oddset. Oddset will gain from a range of brand advertising provided as part of the deal which has been agreed until 2018. The bookmakers logo will be prominently advertised during interviews both before and after matches, as well as across the DFB’s website and …
Read More »An appeal by the German state of Hesse against the suspension of the gambling licensing procedures has failed at the Higher Administrative Court Kassel. The Hesse Ministry of the Interior and Sport had been instrumental in issuing the 20 licences under the Interstate Treaty on Gambling, but some of the operators who didn’t get a licence have appealed against the …
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mkodo, the independent mobile solutions provider for gaming, has launched its mobile sportsbook solution with Danish sportsbook Danske Spil, via OpenBet’s sportsbook platform. The mobile sportsbook is the first product launch in a long-term roadmap agreed between mkodo and Danske Spil. Launched on the operator’s Oddset brand, the HTML5 product follows key mobile responsive design principles. It provides Danske Spil’s …
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