Tag Archives: Svenska Spel

Svenska Spel urges government to ban lottery betting

Svenska Spel

Svenska Spel has called for the Swedish government to ban lottery betting, emphasising that ‘secondary lotteries’ are reducing the market share held by not-for-profit lottery operators. Svenska Spel CEO Patrik Hofbauer hit out at ‘shadow games’ operators for offering lotteries without a licence, which he argued poses a risk to the financial health of sports clubs and other nonprofits in …

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Svenska Spel delivers major venue upgrade by going cashless with IGTPay 

Svenska Spel has ushered in a ‘new era of gaming’ by announcing that it has deployed IGT’s ‘IGTPay’ cashless payment provisions across its venues.  Sweden’s gambling monopoly has amplified its venue payments capacity, having recently upgraded its VLT operating platform to IGT’s ‘INTELLIGEN’ and Quasar systems. The upgrade enables Svenska Spel customers to have the option to transact safely and …

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Svenska Spel extends agreement with Swedish Sports Federation

Svenska Spel

Svenska Spel has extended its long-standing cooperation with the Swedish Sports Federation as part of a SEK 17m agreement. The deal, which comes into force on 1 June and will last until 31 December 2020, will help secure ‘important funds for the sports movement in a difficult time’. Patrik Hofbauer, President and CEO of Svenska Spel, commented: “When the Swedish …

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Aspire builds Q1 momentum through regulated market focus

Aspire

Aspire Global said it is focusing more on locally regulated and taxed markets as it posted Q1 2020 revenues of €33.7m, up 1.5% from the same period of 2019. The company confirmed that EBITDA during the period had decreased by 14.2% to €5.2m (Q1 2019: €6.1m), while EBITDA margin for January to March was 15.5%, almost three percentage points down …

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Svenska Spel makes advanced payment to grassroots sport scheme

Svenska Spel

Swedish gambling operator Svenska Spel has confirmed that it will make an advanced payment of SEK 20 million to its grassroots sports initiatives following a number of concerns over COVID-19. Svenska Spel’s Gräsroten initiative has been running over seven years, and usually distributes funds to the grassroots initiatives in November of each year. The payment will now be divided into …

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Svenska Spel rolls out match-fixing education programme across football clubs

Swedish state-owned gambling operator Svenska Spel has strengthened its commitment to tackling match-fixing by rolling out a new digital education initiative across 2,328 football clubs. The aim of the initiative is to offer both athletes and football associations a greater understanding of the risks associated with match-fixing. The scheme, which includes information on spotting signs of problem gambling, has been …

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Svenska Spel supports research projects with SEK5m pledge

Swedish gambling operator Svenska Spel has confirmed a further SEK5m will be committed in grants this year to fund a range of research projects targeting problem gambling. Those applying for grants can apply until 30 April to submit an application for funding from the 2020 round, which will be overseen by Svenska Spel’s Research Council and the Swedish Central Association …

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Andrew Cochrane, SBTech: Setting the tone for B2B services with ‘Go Big’ campaign

SBTech

SBTech will “set the tone” for the year ahead at ICE London, with a full complement of company leaders ready to welcome sports betting and gaming partners to ‘Go Big’ and join #thebigleague. We caught up with one of these leaders Andrew Cochrane, the Chief Development Officer who is heading up the ‘Go To Market’ team. He told us more …

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Svenska Spel backs FSI’s eco-friendly Ski Tour 2020

Svenska Spel has continued its corporate mandate of investing in sports development, after confirming that it has become a principal sponsor of the International Ski Federation‘s (FIS) newly founded ‘Ski Tour 2020’ cross-country skiing championship. Forming part of the FIS World Ski 2019-2020 calendar, Ski Tour 2020 is cross-country skiing’s newly reformed ‘Nordic classic series’ format, hosting its race stages across …

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Kajsa Nylander joins Svenska Spel as new sustainability manager

Svenska Spel has boosted its leadership team after confirming the appointment of Kajsa Nylander as the company’s new Sustainability Manager. As part of her new role, which will begin on 27 January 2020, Nylander will oversee the implementation of responsible gambling initiatives as part of the Svenska Spel sustainability strategy.  Joakim Mörnefält, communications director at Svenska Spel, commented: “Kaja’s solid …

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