Tag Archives: Patrik Hofbauer

Svenska Spel has confirmed that it will close its Casino Cosmopol venues in the cities of Gothenburg and Malmö on Saturday, 24 February. The decision follows Svenska Spel’s conclusion of negotiations with the respective trade unions on the closure of venues deemed ‘no longer profitable’ for Sweden’s state-owned gambling group. The closure of Cosmopol’s Gothenburg and Malmö venues follows Svenska …

Svenska Spel has extended its long-term partnership with the Association of Women’s Elite Football in Sweden (EFD). The new agreement will see Svenska Spel, a state-owned operator of betting and casino gaming products, continue as the main sponsor of the Swedish football body.  The operator will also, again, award a European bonus to the teams that represent the country in …

Svenska Spel has announced the inbound appointment of Anna Johnson as the new CEO of Sweden’s state-owned gambling and lotteries group. As declared by the board of Svenska Spel, Johnson will join the company in June 2024, succeeding outgoing CEO Patrik Hofbauer, who is set to become the Chief Executive of Telia Company, Scandinavia’s largest telecommunications firm. Johnson joins Svenska …

Svenska Spel is distributing SEK 35 million to youth sports this year through its Gräsroten initiative.  Shared between 8,654 different associations, the money goes to, among other things, the purchase of new equipment and leadership training, while for some associations it means an opportunity to carry out projects on important issues.    The Gräsroten initiative was launched 11 years ago and, …

Patrik Hofbauer will end his five-year tenure as President and CEO of Sweden’s state-backed betting and lottery corporation, Svenska Spel, in the new year. Having first assumed the leadership position at the operator in 2018 after an extensive career in media and communications, Hofbauer has overseen the group’s activities during a transformative few years for the Swedish gaming market. Hofbauer’s …

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 …

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 …

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 …

As revenues remain steady and amid a renewed focus on safer and sustainable gambling, Svenska Spel has appointed a new HR lead. Anna-Clara Fredriksson has been named as the Swedish state-backed betting group’s Chief Human Resources Officer (CHRO), set to take up the role on 8 May.  Specifics of Fredriksson’s position will include responsibility for fostering corporate culture and development …

Svenska Spel maintains its state dividend of SEK 2bn (€155m), despite facing challenging 2022 compliance adjustments across its Swedish business portfolio. Publishing its full-year 2022 accounts, Sweden’s state-owned gambling group saw its net gaming revenues (NGR) stand at SEK 8bn (€722m), registering a 1% decline on FY2021 NRG results of SEK 8.1bn. The stagnant revenue performance reflected stricter customer compliance …