Svenskaspel.se edit

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.