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Svenska Spel posts Q4 decline despite online growth

7th February 2019 8:35 am GMT
Svenska Spel

Swedish gaming operator Svenska Spel has reported a 4 per cent drop in net gaming revenue (NGR) to SEK2,390m (€229.2m) for the final quarter of 2018, despite seeing continued growth from its online business.

Online NGR increased by 14 per cent versus Q4 2017 to SEK774m, equivalent to just under a third (32 per cent) of Svenska Spel’s total NGR in the quarter.

The operator said that online NGR benefited from an improved sports betting offering and the [...]

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