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 National Lottery operator states it has voluntarily launched an official review into the integrity of the draw process following concerns raised by the public.
The operation was initiated after State Police Director Skënder Hita received intelligence via official email channels, leading to targeted action in the field.
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.
The Council upheld the legality and proportionality of both the fine and the regulator’s policy, including its use of global turnover to set the maximum penalty.
Stefan Sulzbacher steps into Bet-at-home at a pivotal moment for the operator, combining executive leadership with a personal investment. His appointment reflects both continuity within the European betting sector and a potential shift in strategic direction.
The company shares past year results and industry insights
The result was primarily supported by targeted cost reductions and one-off gains.