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Svenska Spel is Sweden's state-owned gambling company and one of the largest gaming operators in the country. Here are the key points about Svenska Spel: | |||
Background and Overview: | |||
- Founded in 1997 through the merger of Tipstjänst and Penninglotteriet | |||
- Headquartered in Visby, Sweden with offices also in Solna | |||
- Wholly owned by the Swedish state | |||
- Operates in the regulated gambling market in Sweden | |||
- For many years, was the only company permitted to offer online gambling in Sweden | |||
Products and Services: | |||
- Offers a wide range of gambling products including: | |||
- Sports betting (e.g. Oddset, Stryktipset) | |||
- Number games and lotteries (e.g. Lotto, Triss) | |||
- Casino games (online and land-based) | |||
- Poker | |||
- Video lottery terminals (Vegas) | |||
- Operates physical casinos under the Casino Cosmopol brand | |||
- Has an extensive retail network as well as online and mobile platforms | |||
Financial Performance: | |||
- Annual revenue of around 7-8 billion SEK | |||
- Profits are returned to the state treasury | |||
Market Position: | |||
- One of the largest gambling operators in Sweden | |||
- Held a monopoly on many forms of gambling for years before market re-regulation in 2019 | |||
- Still maintains exclusive rights to some products like land-based casinos | |||
Responsible Gaming: | |||
- Strong focus on responsible gambling practices | |||
- Offers tools for players to control their gambling | |||
- Conducts research on problem gambling | |||
Recent Developments: | |||
- Swedish gambling market was re-regulated in 2019, ending Svenska Spel's monopoly in many areas | |||
- Company was restructured into separate business areas for competitive and exclusive products | |||
- Has faced increased competition from private operators entering the Swedish market | |||
Social Role: | |||
- Major sponsor of sports in Sweden | |||
- Profits used to fund initiatives benefiting Swedish society | |||
In essence, Svenska Spel remains a dominant player in the Swedish gambling market, balancing its commercial operations with a strong emphasis on responsible gaming and social responsibility as a state-owned enterprise. The company continues to adapt to the evolving regulatory landscape and increased competition in Sweden's gambling sector. | |||
Latest revision as of 15:50, 10 March 2025
Svenskaspel.se[edit | edit source]
Svenska Spel is Sweden's state-owned gambling company and one of the largest gaming operators in the country. Here are the key points about Svenska Spel:
Background and Overview:
- Founded in 1997 through the merger of Tipstjänst and Penninglotteriet - Headquartered in Visby, Sweden with offices also in Solna - Wholly owned by the Swedish state - Operates in the regulated gambling market in Sweden - For many years, was the only company permitted to offer online gambling in Sweden
Products and Services:
- Offers a wide range of gambling products including:
- Sports betting (e.g. Oddset, Stryktipset) - Number games and lotteries (e.g. Lotto, Triss) - Casino games (online and land-based) - Poker - Video lottery terminals (Vegas)
- Operates physical casinos under the Casino Cosmopol brand - Has an extensive retail network as well as online and mobile platforms
Financial Performance:
- Annual revenue of around 7-8 billion SEK - Profits are returned to the state treasury
Market Position:
- One of the largest gambling operators in Sweden - Held a monopoly on many forms of gambling for years before market re-regulation in 2019 - Still maintains exclusive rights to some products like land-based casinos
Responsible Gaming:
- Strong focus on responsible gambling practices - Offers tools for players to control their gambling - Conducts research on problem gambling
Recent Developments:
- Swedish gambling market was re-regulated in 2019, ending Svenska Spel's monopoly in many areas - Company was restructured into separate business areas for competitive and exclusive products - Has faced increased competition from private operators entering the Swedish market
Social Role:
- Major sponsor of sports in Sweden - Profits used to fund initiatives benefiting Swedish society
In essence, Svenska Spel remains a dominant player in the Swedish gambling market, balancing its commercial operations with a strong emphasis on responsible gaming and social responsibility as a state-owned enterprise. The company continues to adapt to the evolving regulatory landscape and increased competition in Sweden's gambling sector.