Svenska Spel net gaming revenue increases 2% to SEK1.9bn for Q1
The rise in net gaming revenue was primarily attributed to increases across the operator’s lottery and sports & casino businesses, as operating profit grew 4% to SEK659m ($71.5m).
The rise in net gaming revenue was primarily attributed to increases across the operator’s lottery and sports & casino businesses, as operating profit grew 4% to SEK659m ($71.5m).
Purdy succeeds Michael Dugher who stepped down recently as Executive Chair, bringing two decades of industry experience to the role.
Ahead of the World Cup, Andy Mace, Head of Casino Personalisation at Sportradar/Playradar, discusses the big cross-sell questions being asked by suppliers and operators alike.
The operator’s retail segment was a key revenue driver during Q1, with interactive revenue up 15.8%.
Two software glitches in March and October 2023 allowed self-excluded players to gamble online or receive advertising, and the Swiss Federal Administrative Court has rejected the operator’s appeal against the fine.
As the world becomes more tense and chaotic, China and Cambodia have sworn to work together to tackle issues affecting both of the countries.
The company will be responsible for assimilating technology, transparency and collaboration across the gambling market.
The result was primarily supported by targeted cost reductions and one-off gains.
It seems there are a few more stops left on the Dragon Train before Light & Wonder can truly depart the ride.
Parliament approves new regulatory regime with licences, enforcement powers and community funding provisions.