Svenska Spel Q3: Growth Continues, But Foreign Operators Still Blamed for Loss of Customers Svenska Spel Q3: Growth Continues, But Foreign Operators Still Blamed for Loss of Customers
Guillaume Speurt, Attribution-ShareAlike 2.0 Generic
Key Takeaways
  • Svenska Spel net gaming revenues increased by 0.8% in the third quarter bringing figures for the first nine months of 2013 4.5% higher than the same period last year.
  • The impact of the recent decision to abandon all bonus and discount offers will not be seen until next quarters results.
  • The ending of bonus incentives might support advertising restrictions on foreign operators.
  • The report lists SEK50m ($7.8m) that has been given to help talented young sports people and to improve access to sport for all.

Swedish state-owned online gaming monopoly Svenska Spel’s third quarter report shows its performance indicators moving in the right direction, but it continues to blame the impact of foreign operators that operate unlicensed in Sweden.