Svenska Spel lifts Q3 net gaming revenue 7% to SEK1.87bn
Svenska Spel reported net gaming revenue of SEK1.87bn for the three months ended 30 September, up 7% year on year. Tur generated SEK1.31bn and Sport & Casino SEK489m, while online revenue rose 15% to SEK1.22bn; Vegas revenue fell 10% to SEK78m. The company attributed growth chiefly to lottery and online performance, which offset declines in gaming machines and the closure of its last Casino Cosmopol venue.
The results show online channels accounted for 65% of Svenska Spel revenue, up from 60% a year earlier.