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Online growth takes Svenska Spel revenue to SEK9bn in 2017

7th February 2018 9:49 am GMT
Svenska Spel

Swedish state-owned gaming operator Svenska Spel has reported a marginal decline in net gaming revenue to SEK8.98bn (€910.5m) for 2017, despite an 18 per cent increase in revenue from its growing online business.

Revenue from the company’s retail division fell by 5 per cent to SEK4.34bn, with the online business Svenskaspel.se growing to SEK2.27bn, equivalent to 25 per cent of the operator’s annual total.

Increased costs for adaptation to the new AML and GDPR regulations, preparations for new [...]

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