Sweden’s state-controlled gaming operator Svenska Spel has shrugged off a marginal decline in net gaming revenue to post a record operating profit for 2013.
The operator’s 2013 results reveal that despite seeing net gaming revenue decline 0.9 per cent year-on-year to SEK9.73bn (€1.1bn), operating profit rose by 2.3 per cent to SEK5.2bn.
Net profit for the year was also up, rising 2.5 per cent versus the previous year to SEK5.27bn, with the company’s operating margin for the [...]