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Business
February 7, 2024
Svenska Spel Posts 2023 Interim Report, Plans $181M Dividend
Svenska Spel has published its interim report for 2023, highlighting stable revenue. The year saw Svenska Spel earn a total net revenue of SEK 8,029 million ($766 million), in line with last year’s results. This followed a stable fourth quarter in which the company recorded net gaming revenue of SEK 2,121 million ($202 million) – […]
Industry
January 29, 2024
Svenska Spel to Offer Free Gamban Licenses to Customers
Svenska Spel, Sweden’s former online gambling monopoly, has formed a new partnership with Gamban, a provider of self-exclusion services and safer gambling tools. Under the deal, Gamban will supply the Swedish state-owned operator with blocking software. Thanks to the agreement, Svenska Spel clients who have opted to self-exclude from gambling will be provided with a […]
Industry
January 26, 2024
Svenska Spel Renames Horse Games after Legal Action
Svenska Spel Sport & Casino, Sweden’s state-owned gaming operator, has renamed its horse games to Svenska Spel Hästar following a dispute with ATG over the name of its trotting venture. The Patent and Market Appeal Court announced the judgment on 25 January, prompting the company to implement this change. This incident marks another setback for […]
Casino
January 25, 2024
Svenska Spel Confirms Intentions to Close Gothenburg and Malmö Casinos
The Swedish state-owned gambling operator, Svenska Spel, announced Wednesday the possibility to close two of its land-based venues. The potential closure is related to Casino Cosmopol in Gothenburg and Malmö. Previously, Svenska Spel implemented an action plan that sought to revitalize Casino Cosmopol. This plan included a significant restructuring of the organization, along with a […]
Business
December 18, 2023
Svenska Spel Names Anna Johnson as CEO, Hofbauer to Depart in February
Svenska Spel, a Swedish state-owned gambling operator, has named Anna Johnson as the successor of its current chief executive officer, Patrik Hofbauer. The latter announced his exit earlier this year, opting to explore other opportunities instead. Johnson will serve as Svenska Spel’s new president and CEO and is set to step into the office by […]
Business
October 13, 2023
Hofbauer Departs Svenska Spel, Set to Join Telia as CEO in 2024
Swedish state-owned gambling company Svenska Spel announced that it will be parting ways with Patrik Hofbauer, who is set to explore new opportunities. Hofbauer, currently serving as the operator’s president and chief executive, believes that the gambling company is in a good position to continue without him. The outgoing CEO joined Svenska Spel back in […]
Business
October 9, 2023
RAW Agrees to Power Svenska Spel Sport and Casino with Games
The leading provider of innovative content for the online gambling sector, RAW Group, announced a new tier-one partnership by teaming up with the leading operator for the Swedish regulated gambling market, Svenska Spel Sport and Casino. Under the terms of the new collaboration, the leading aggregator and studio confirmed that its content is now live […]
Business
October 3, 2023
Svenska Spel Selects Kambi as Sportsbook Technology Provider
The leading supplier of sports betting technology, Kambi Group, announced it inked a new important partnership in Sweden. The company said Tuesday it signed an exclusive long-term agreement with the leading Swedish operator, Svenska Spel Sport and Casino. Under the terms of the new collaboration, Kambi agreed to power the operator’s retail and online sportsbook. […]
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 […]