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Svenska Spel posts marginal Q1 revenue drop as Online grows

28th April 2020 4:22 pm GMT
Svenska Spel
SBTech

Swedish state-owned gaming operator Svenska Spel has posted a marginal decline in net gaming revenue to SEK2,055m (€189.2m) for the first quarter of 2020, as results in March were negatively impacted by restrictions due to the COVID-19 pandemic.

The operator said that Q1 began with two months of good growth across all business areas, although the effects of the coronavirus had a significant impact on results from mid-March onwards.

This applied in particular to sports betting, land-based [...]

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