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Industry
August 30, 2023
Svenska Spel Awards $380K for Five Studies on Gambling Addiction
Swedish state-owned online casino operator, Svenska Spel, reaffirmed its ongoing efforts toward research on gambling addiction with grants from its independent research council. On Tuesday, Svenska Spel’s independent research council confirmed it has selected five research studies that received a total of SEK 4.1 million ($377,000) in the form of grants. The studies seek to […]
Business
June 1, 2023
IGT and Svenska Spel Extend Existing Partnership
The global leader in gaming, International Game Technology (IGT), signed a new contract extension, with the state-owned company operating within the regulated gambling market in Sweden, AB Svenska Spel. Announced Thursday, the new collaboration sees IGT agree to continue to provide its leading video lottery technology and services for Svenska Spel. Thanks to the new […]
Poker
May 24, 2023
Playtech Expands Deal with Svenska Spel in Sweden
The fast-growing and globally-recognized gambling technology company, Playtech, announced it strengthened its European presence via a new partnership with the popular Swedish online casino and betting operator, Svenska Spel Sport & Casino. Playtech unveiled details regarding the new collaboration Wednesday and confirmed that the tie-up further expanded the company’s position within the regulated gambling market […]
Business
April 26, 2023
Svenska Spel Reports Strong Q1 Results with Increased Net Gaming Revenue
Sweden’s Svenska Spel, the former state-owned gambling monopoly, has announced positive Q1 results for 2023, with a 2% increase in net gaming revenue compared to the same period last year. The company reported net gaming revenue of SEK1.98 billion ($191 million), up from SEK1.9 billion ($187.5 million) in 2022. Operating profit also increased by 3% […]
Business
February 17, 2023
Svenska Spel Appoints Anna-Clara Fredriksson as Head of HR
Swedish gaming company Svenska Spel has appointed Anna-Clara Fredriksson as its Chief Human Resources Officer (CHRO). In her new role, Anna-Clara will be reporting directly to the CEO and will be part of Svenska Spel’s Group Management. Svenska Spel CEO Highlighted Fredriksson’s Vast Experience in the HR Field Patrik Hofbauer, the President, and CEO of […]
Legal
January 31, 2023
Svenska Spel Breached Sweden’s Advertising Standards
The Branschföreningen för Onlinespel (BOS), a Swedish trade union for iGaming companies, recently found out that the state-owned operator promoted its products on a free TV channel in breach of local advertisement laws. Svenska Spel Promoted Its Products on TV4 As reported by the BOS, Svenska Spel promoted its Keno and scratchcard products on the […]
Industry
January 11, 2023
Svenska Spel CEO Advocates for Restrictions on Fast Loans and a Debt Register
Hofbauer made a review of the goals Svenska Spel has set for the new year with a main focus on tackling problem gambling and lowering the effects of gambling harm. Hofbauer Outlined Several Measures to Fight Gambling Harm in 2023 and Beyond In the official statement addressing customers of Svenska Spel and Swedes in general, […]
Sports
November 11, 2022
Svenska Spel’s Grassroots Initiative Delivered SEK35m to Youth Sports
Swedish lottery and gambling operator Svenska Spel announced that its annual contribution to grassroots sports saw the company distribute SEK35 million ($3.36 million) to 8,567 associations across 73 sports this week. Annual Contribution to Youth Sports The funds under the Grassroots initiative will go directly to youth sports organizations as Svenska Spel marks its ten-year […]
Business
October 27, 2022
Kindred, Svenska Spel and ATG Form Gambling Data Deal
Kindred Group, the leading online gambling operator consisting of nine brands, announced a new collaboration with Svenska Spel and ATG on Wednesday. The trio forged a new partnership that will seek to raise awareness of problem gambling and help reduce gambling harm through dialogue. New Data Will Raise Awareness of Gambling Harm in Sweden As […]
Business
October 26, 2022
Svenska Spel Revenue Decreases in Q3 by 1% to $178.7M
The state-owned company that operates in the Swedish regulated gambling market, Svenska Spel, released its latest interim report outlining the financial performance for the third quarter of this year. Svenska Spel Revenue Dips by 1% In Third Quarter On Wednesday, the company revealed that its net gaming revenue for Q3 this year halted at SEK […]
