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Swedish regulated online poker revenue falls below €5m in Q1

29th April 2013 10:50 am GMT

Sweden’s state-controlled gaming operator Svenska Spel has blamed the increasing popularity of online and mobile casino games for an 11.3 per cent slump in revenues from its Vegas branded land-based gaming business, with online poker revenues also continuing to decline.

Under Swedish law, Svenska Spel is prohibited from offering casino games online, despite the widespread availability of Swedish-facing online casinos which also advertise freely in the country.

The company said the change in consumer preference towards mobile [...]

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