Gambling Clear News
Sweden’s Svenska Spel has announced that it is to begin reporting the proportion of revenue it generates from customers with a lower risk of gambling problems. Figures will be published for the first time at the end of August, covering the second quarter at Svenska Spel. The operator will then include this revenue information as
Sweden’s Svenska Spel reported a 24.6% year-on-year decline in net profit to SEK294.0m (£21.8m/€25.3m/$27.0m) in Q1 as spending increased and revenue slipped 1.0%. Net gaming revenue for the three months to 31 March amounted to SEK1.96bn, down from SEK1.98bn in Q1 of 2023. This came as Svenska Spel only reported revenue growth within one of
Former state-owned gambling monopoly Svenska Spel has appointed Frank Hojem as the company’s new head of communications and sustainability. As part of his new role, Hojem will become part of Svenska Spel’s group management and report to the company’s CEO. Most recently, Hojem held the role of communications manager at Nordic corporate bank SEB. Before
Gaming technology provider Playtech is to expand its poker presence though a new deal with Swedish state-owned gambling business Svenska Spel Sport & Casino. Svenska Spel has launched Playtech’s poker offering and ipoker network. This is part of the operator’s strategy to “modernise and improve” its poker product. The updated offering brings a number of
In Q1 2023, former state-owned gambling monopoly Svenska Spel announced a 2% increase in revenue to SEK1.98bn (£160m/ €180m/ $190m) compared to the SEK 1.94bn the group achieved in the same period the previous year, despite the imposition of new responsible gambling measures. Svenska Spel reported that the company’s land-based Casino Cosmopol and Vegas slot
Sweden’s media watchdog has found against broadcaster TV4 and Svenska Spel over a free-to-air television show featuring gambling that led to a complaint from BOS, the country’s online gambling trade association. The Swedish Press and Broadcasting Authority (SPBA) found that TV4 breached the Radio and Television Act with its recurring segment where guests play Svenska
