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Svenska Spel revenue begins to recover in third quarter

26th October 2020 9:29 am GMT
Svenska Spel

Swedish gaming operator Svenska Spel saw net gaming revenue fall by 8 per cent to SEK1.85bn in the third quarter of 2020, with results continuing to be impacted by the closure of its land-based casino business due to COVID-19.

Excluding casino operations, Q3 revenue would have risen by 5 per cent year-on-year, with the operator benefiting from growth in sports betting revenue, as well as numerical games and lotteries.

Revenue from the Sport & Casino business rose [...]

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