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Svenska Spel losing market share but online grows in Q3

23rd October 2013 8:01 am GMT

Despite posting a marginal increase in net gaming revenues for the third quarter of 2013, Swedish state-controlled gaming operator Svenska Spel has admitted that its total market share in Sweden has further declined as it continues to lose customers and revenues to illegal offshore online gaming operators.

Svenska Spel reported a marginal 0.8 per cent increase in Q3 net gaming revenues to SEK2,351m (€268.3m), with growth in the company’s sports betting and lotteries division offsetting [...]

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