Net gaming revenue amounted to SEK$1,963m (US$190m), representing a marginal increase of 1%. This increase can be attributed to the suspension of casino operations in Q2 2021.
The total operating profit stood at SEK$531m, representing a 7% decrease from the previous year. A rise in costs for technology and product development explains this fall in profit.
Svenska Spel’s result came to SEK$425m, a decrease of 6%, with an operating margin of 27% and an image value amounting to 51%.
Additionally, the company detailed a three-year partnership it secured with Svensk Travsport, as well as a renewal of the agreement with Svenska Spel’s independent research council for a further five years.
Svenska Spel President and CEO Patrik Hofbauer said: “We see a positive development in the share of healthy income as a result of our strengthened gaming responsibility measures. We continue to provide our customers with entertaining gaming experiences in a responsible way, as we want gaming to be a joy for everyone.”
In a summary of the period from January to June, the company reported net gaming revenue of SEK$3,898m, representing a 1% decrease year-on-year. Svenska Spel attributes this decrease to the impact of Covid-19 at the beginning of 2022, as well as the introduction of new deposit limits as responsible gaming regulations tightened.
Operating profit for the period saw a 4% decrease to SEK$1,127m, with an operating margin of 29%.
