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ATG reports 1% Q1 revenue growth to SEK1.38bn as casino sales rise

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ATG reported group revenue of SEK1.38bn for the three months ended 31 March, up 1% year on year. Casino revenue rose 20% to SEK172m, while sports betting revenue fell 11% to SEK176m and horse-racing revenue declined 1% to SEK2.26bn; operating profit increased 22% to SEK326m.

Casino growth offset declines in sports betting and horse racing, while ATG’s operating profit increased.

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Licences & markets

Hippos ATG says it receives five-year Finnish igaming licence

Hippos ATG, the joint venture of Sweden's ATG and Suomen Hippos, said it has secured a five-year online gambling licence ahead of Finland's regulated market launch on 1 July 2027. It is the second operator to confirm a licence after Wildz group. Finland's National Police Board has not publicly disclosed any application outcomes.

Hippos ATG, the joint venture of Sweden's ATG and Finnish horse racing body Suomen Hippos, said it has received a gambling licence ahead of Finland's regulated online gambling market launch, according to an approval the company shared on social media. The licence is valid for five years. The company is the second operator to confirm receipt of a licence, after Malta-based Wildz Group. Finland's National Police Board has not publicly disclosed the outcome of any licence applications.

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