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Svenska Spel profits from sports betting and lottery growth

19th February 2013 8:42 am GMT

Swedish state-controlled gaming operator Svenska Spel has set aside SEK300m to invest in its digital platform as it looks to ensure its future competitiveness in the Swedish gaming market.

As it announced its results for the 2012 year, Svenska Spel said that the investment was necessary after seeing its market share in Sweden fall to around 49 per cent as the company continues to lose out to unlicensed online gaming operators.

The company reported a solid performance [...]

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