Tag Archives: Svenska Spel

Swedish state-owned gambling operator Svenska Spel, has moved to expand its board to ten members, by confirming the appointments of Eivor Andersson and Carina Olson to its corporate governance. The operator confirms the board appointments following its annual general meeting held on 20 September. The Svenska Spel board gains Eivor Andersson a leisure industry expert, who currently serves as Chief …

The governance of Swedish state-owned gambling operator Svenska Spel has stated that it is pleased with 2016 corporate performance thus far, as the company maintained its financial performance despite facing ‘tough market competition’. Presenting its H1 2016 results (period ending 30 June), Svenska Spel would reveal net gaming revenues of SEK 4.4 billion (£385 million), in-line with 2015 performance. The …

Concerns regarding Svenska Spel’s social responsibility strategy have led Executive Chairwoman Anitra Linnéa Steen to resign from her governance role at the state-owned Swedish gambling operator. The former politician detailed to Swedish business news source Dagens Industri that she felt that Svenska Spel’s core focus had changed from helping national social initiatives to delivering higher revenues. “For a social democracy …

Swedish gambling operator Svenska Spel has had its licence extended by the Swedish government until the end of 2018 The three year extension will see Svenska Spel continue provide the Swedish market with lottery, betting, casino, slots and poker provisions and services for both online and land based gaming. The licence has been extended despite mounting pressure from the European …

Following reports that the Swedish government is preparing to review the national gambling regulatory framework, Sweden’s Media Associations for digital, media and publishing have pledged to self-regulate gambling advertising. The move sees the associations, which represent Swedish media owners, pre-empt the government’s potential future policy with regards to gambling advertising. Swedish media owners have had a fraught relationship with national …

Facing mounting pressure from the European Union to reform its national gambling framework, and adhere to EU business and competition policies, Sweden’s Ministry of Finance has responded by stating that it will undertake a full review of its policy on the matter. Detailing its plans, the ministry stated that it needed to update its policies in order to monitor an …

State run Swedish gambling operator Svenska Spel has confirmed that it has agreed a six year extension of its sponsorship of the Swedish Hockey League (SHL) with Hockey Allsvenskan.  The new sponsorship extension is valued at SEK 48 Million (£3.3 million), with additional bonuses attached dependent on league media coverage and fan attendance The sponsorship will see Svenska Spel promote its …

Having recorded year on year performance declines, Lennart Käll CEO of Swedish state owned gambling operator Svenska Spel has urged the government and national regulator Lotteriinspektionen to introduce new regulations and policies that will toughen Sweden’s gambling framework. Svenska Spel reported a 2.4% net gaming revenue decline to SEK4.3 billion (£330 million) for the opening six months of 2015. The …

Sweden’s state owned gambling operator Svenska Spel reported a year-on-year 4% decline in revenues to SEK 2.2 billion (€230 million) for its opening 2015 quarter performance (period ending 31 March). The operator cited the impact of increased competition from remote operators and the introduction of new responsible gambling measures as the main reasons for its decline. Svenska Spel recorded a …