Sporting Solutions has beaten off competition from a number of sportsbook suppliers, to provide Svenska Spel with its outsourced pricing services (OPS). The firm, which forms part of the Sporting Group, will see the partnership run for an initial year long period, with Svenska Spel holding the rights to exercise the option of a further year. Fredrik Wastenson, Vice President …
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Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Sweden: remote POC legislation – drafts or chess? The Swedish government has published a draft law to regulate gambling across channels, with an implementation date of 1 January 2019 (replacing the Lottery …
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A former National Hockey League (NHL) enforcer has announced plans to launch a new casino affiliate website. Sami Helenius, formerly of Calgary Flames, Tampa Bay Lightning, Colorado Avalanche, Dallas Stars and Chicago Blackhawks, is to target Swedish casino enthusiasts with ‘Kasino Curt.’ Speaking about the aims of his new project, Helenius said: “When it comes to online gambling, Sweden is a …
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Swedish gambling regulatory body Lotteriinspektionen will today publish its commissioned report, detailing provisions for a potential national regulated gambling framework. Swedish MPs and industry stakeholders have eagerly awaited the report, which was commissioned by the government in 2015 for the purpose of commencing a license-based system for gambling operators. In January, fears arose of further industry regulatory delays following the …
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Swedish state-owned gambling operator Svenska Spel has moved to upgrade its lottery and video terminal systems arrangement with principal supplier International Game Technology (IGT). The agreement sees Svenska Spel continue its systems partnership with IGT for a further seven years (partnership started 1996). IGT will now move to upgrade Svenska Spel systems for Video Lottery Terminals, site controllers, game services …
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Figures released by Sifo Advertising Measurements showed that Unibet was the top gambling operator for TV advertising spend in Sweden during the first 11 months of 2016. Produced in conjunction with Dagens Media, the figures show that online gambling companies, including state-owned monopoly Svenska Spel, spent big on Swedish advertising platforms. However, Unibet topped the lot with an outlay of …
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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 …
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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 …
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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 …
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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 …
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