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Online gaming drives first quarter growth for Svenska Spel

27th April 2018 6:11 am GMT
Svenska Spel

Sweden's state-owned gaming operator Svenska Spel has reported a 1 per cent increase in net gaming revenue to SEK2,187m (€209.9m) for the first quarter of 2018, buoyed by a strong performance from the company’s online channel.

Online revenue increased by 25 per cent year-on-year to SEK648m, with mobile revenue climbing 52 per cent, helping to offset a marginal decline in retail sales to SEK1,009m.

Revenue from restaurant and bingo halls fell by 20 per cent to SEK231m, [...]

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