Despite Increased Competition, Svenska Spel Sees Growth, Hits Targets Despite Increased Competition, Svenska Spel Sees Growth, Hits Targets
Key Takeaways
  • Svenska Spel Q2 not as good as Q1, but financial results hit targets after cost cutting.
  • Mobile gaming and casino games see strong growth.
  • The company welcomes government efforts to ban advertising from offshore operators.
  • The 15-acount bot ring uncovered earlier this year affected over 25,000 regular players, all of whom have now been compensated.

The latest financial report from Svenska Spel shows that the Swedish state-licensed gaming company has met its profit targets, but it had to cut costs to do so.