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Sports betting and lottery aid Svenska Spel in Q2

22nd July 2013 8:53 am GMT

Sweden’s state-controlled gaming operator Svenska Spel has reported a marginal 0.6 per cent fall in second quarter revenues to SEK2,301m (€267.7m), following weak performances by the company’s land-based Casino Cosmopol and Vegas-branded gaming businesses.

The company’s sports betting and lottery division was the only segment to post a year-on-year increase during the quarter.

Q2 and H1 2013

Svenska Spel said its growth was based on products that have both lower risk and better margins, such as Lotto, Joker [...]

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