Tag Archives: Svenska Spel

Veikkaus expands operational scope with launch of Fennica Gaming B2B subsidiary

SBC News Veikkaus expands operational scope with launch of Fennica Gaming B2B subsidiary

Veikkaus Oy’s international B2B division Fennica Gaming has officially launched, as the company progresses with its expansion plans enabled under Finnish legislation. The Finnish state-backed betting monopoly’s new division will provide game services and products internationally to corporate customers across betting and gaming.  Fellow Scandinavian state monopolies Norsk Tipping (Norway) and Svenska Spel (Sweden) have become the first businesses to …

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Svenska Spel encounters 2022 hurdles as Q1 NGR declines 3%

SBC News Svenska Spel encounters 2022 hurdles as Q1 NGR declines 3%

Swedish gambling company Svenska Spel has reported a ‘challenging start’ to 2022 in that both revenue and earnings have been affected by pandemic impacts and regulatory developments  during the first half of Q1.  However, as set out in its interim report for January – March 2022, the state-owned group’s focus on gaming liability measures seem to have had a more …

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Svenska Spel Movement Fund backs Swedish street football projects

SBC News Svenska Spel Movement Fund backs Swedish street football projects

Svenska Spel, the operator of the Swedish national lottery, has allocated funds to organise street football projects across the country. As part of a Swedish Football Association (SvFF) initiative to improve the levels of training and competitions, Svenska Spel is committing SEK3m via its Movement Fund to help communities provide street football activities. The SvFF is focusing on street football in order …

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Data scientist Axel Lyckberg wins Swedish Gambling’s Leader of the Year award

SBC News Data scientist Axel Lyckberg wins Swedish Gambling’s Leader of the Year award

Playscan CTO and Svenska Spel data scientist Axel Lyckberg has been named Swedish online gambling’s leader of the year by trade bodies Spelbranschens, Riksorganisation (SPER) and Branschföreningen för Onlinespel (BOS).  On Wednesday 30 March SPER and BOS announced the winners of the 2022 Swedish Gambling Awards – which recognise and reward the companies and leaders placing sustainable play and corporate …

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Swedish Inspectorate backs loss limits as future bulwark against problem gambling

SBC News Swedish Inspectorate backs loss limits as future bulwark against problem gambling

The introduction of loss limits and restrictions on bonus offers across all betting verticals would be a preferable option “in case of future crisis”, according to the Swedish Gambling Inspectorate, Spelinspektionen. Publishing its interim report into the impacts of temporary limitations on online betting and gaming during the COVID-19 pandemic, the Inspectorate acknowledged both strengths and weaknesses in the provision …

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Swedish 2021 gambling revenues hit SEK 26bn but sports betting declines

SBC News Swedish 2021 gambling revenues hit SEK 26bn but sports betting declines

The Swedish betting and gaming market’s growth continued in 2021 despite temporary gambling restrictions imposed by the government, according to the latest figures from Spelinspektionen. Publishing trading results for the Swedish market for the full year and final quarter, the Swedish Gambling Inspectorate revealed that total revenue across all verticals stood at SEK 26 billion (£2.04bn) at the close of …

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Svenska Spel backs Swedish Cycling’s ‘Citizens in Motion’ project

SBC News Svenska Spel backs Swedish Cycling's 'Citizens in Motion' project

Cykelförbundets – Sweden’s Cycling Federation has announced Svenska Spel as the principal sponsor of its “Project Ledstjärna – citizens in motion” social initiative. The project will see Svenska Spel fund and collaborate Cykelförbundets social directive to make cycling as accessible as possible to the Swedish public and local communities. A campaign for Project Ledstjärna (translation:’ GuideStar) has been  fronted by …

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Svenska Spel honoured for ‘most complete work’ in Employer Branding

Svenska Spel

Svenska Spel has been named one of Sweden’s top employers at the Magnet Awards, securing Gold in the Grand Prix category for Employer Branding. In particular, the state-backed sports betting and casino gaming operator was praised for having conducted ‘the most complete work’ on employer branding. The firm has attributed its success in the category to how it ‘highlights its …

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Svenska Spel pays SEK 2.9 billion goodwill dividend to Swedish government

SBC News Svenska Spel pays SEK 2.9 billion goodwill dividend to Swedish government

The board of Svenska Spel has announced that it will pay a dividend of SEK 2.9 billion (€275m) back to the Swedish government.  The dividend was marked as the headline announcement by Svenska Spel publishing its full-year 2021 results, in which Sweden’s monopoly for lotteries and land-based gaming performed above expectations. Headline results saw Svenska Spel register corporate revenues of …

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SSG expands multi-event content partnership with Betfair

SBC News SSG expands multi-event content partnership with Betfair

Spotlight Sports Group (SSG) and Betfair have extended and expanded their existing partnership centred around the provision of horse racing video content.  Covering multiple events throughout 2022, including the upcoming Cheltenham Festival, Grand National and July’s Royal Ascot, the agreement will see SSG supply Betfair with its Racing Post Live programme.  Included in this offering are live reactions from racing …

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