Tag Archives: Svenska Spel

Spelinspektionen, Sweden’s Gambling Inspectorate, has submitted its proposed commercial and technical rule changes on state lotteries and lotteries for charitable purposes to the European Commission (EC).  The changes, filed as “The Lottery Inspectorate’s general advice on state lotteries and lotteries for charitable purposes,” will necessitate updates to Sweden’s Gambling Act and a subsequent review by the EC’s Chamber of Commerce.  …

Sweden’s betting sector took a hit during the second quarter against 2022 comparatives according to the latest figures from the Spelinspektionen, the country’s Gambling Inspectorate. Total Swedish industry revenue for the quarter stood at SEK 6.7bn (€562m), down around 1% on corresponding Q2 2022 results of SEK 6.77bn (€568m). This left year-to-date revenue also down by around 0.5% from SEK …

Svenska Spel has pledged to fund five new research projects aimed at enhancing the understanding of Swedish gambling addiction and its societal impacts.  This initiative was announced by the Independent Research Council of Svenska Spel, Sweden’s state-owned gambling and lotteries operator. The research projects will collectively receive funding of SEK 4.1m (€350,000), with the aim of providing Swedish public health …

Svenska Spel has declared that its H1 2023 business activities have solidified its position as the most sustainable operator in the Swedish market. In its interim trading report, Sweden’s gambling monopoly operator highlighted a ‘stable quarter’, despite challenges faced by the Casino Cosmopol and Vegas Slots units. Q2 trading saw Svenska Spel’s net gaming revenue (NGR) increase slightly to SEK …

Finansdepartementet – Sweden’s Ministry of Finance – has recommended that the government apply a ban on credit card transactions across all gambling segments. The recommendation was made as part of the Ministry’s investigation into “Enhanced consumer protections against risky lending and over-indebtedness”. A primary assignment for 2023, the Ministry drafted a 650-page report on the current consumer credit facilities available …

Svenska Spel has hired Frank Hojem as Head of Communications and Sustainability, with the new addition to its senior management team due to assume duties later this year. Sweden’s state-owned betting, gaming and lottery operator has highlighted Hojem’s political experience as being of particular significance to the role, which he will commence on 14 August reporting directly to CEO and …

Playtech has enhanced its presence in Sweden through a new partnership with Svenska Spel Sport & Casino. Described as a ‘prominent operator in the region’, Svenska Spel has recently launched the gambling technology company’s poker product and iPoker network, as part of the company’s strategy to modernise and improve its poker offering.  Fredrik Hård, Head of Poker & Bingo, Svenska …

Svenska Spel has extended its partnership with International Game Technology (IGT), which will continue to provide lottery solutions to the company. London-based B2B solutions supplier IGT will equip Svenska Spel with video lottery technology and services for the next three years under the terms of the extension, running until January 2027. Ola Enquist, Business Area Manager Casino Cosmopol & Vegas, Svenska Spel AB, said: “Given …

Svenska Spel has announced a positive start to year trading as online growth benefits the performance of its business units. Q1 trading for the period of 1 January to 31 March, saw Sweden’s gambling monopoly generate net gaming revenues of SEK 1.97bn (€175m) up 2% on Q1 2022 comparative results of SEK 1.92bn.   A breakdown of business segments saw Svenska …

Svenska Spel vows to deepen monitoring of ‘at-risk behaviours’ as Swedish cost-of-living concerns have grown since the start of the year.  Sweden’s state-owned gambling operator announced that it had registered no increase in problematic gambling behaviours in its business activities during the first two months of 2023. The assessment comes despite the ongoing financial challenges Swedish citizens face due to …