Published
OnlineLand-BasedFinancialIndustry

Svenska Spel commits to funding further gambling research

Swedish state-owned operator Svenska Spel has committed to investing further funds into research on gambling problems.

svenska spel stockholm city bg gambling insider web image

Since 2010, Svenska Spel has invested over SEK 60m ($5.7m) in gambling research, with the operator confirming that an additional SEK 42m will be delivered over the next five years.

The move will work to financially support Svenska Spel’s independent Research Council, as well as Professor of addiction medicine Anders Håkansson's gaming professorship at Lund University, until 2027.

Of the money pledged, SEK 25m is intended to directly fund research grants, with the operator setting aside SEK 8.5m annually to support research work.

Svenska Spel President and CEO Patrik Hofbauer said: “The Research Council has been a driving force and a central part in establishing the research field around gambling problems in Sweden.

“There are still many unanswered questions about how best to prevent and treat gambling addiction. With that in mind, our continued support feels right both from a business and a humanitarian perspective.”

The Research Council was founded in 2010, with the intention of further increasing knowledge and awareness of gambling problems, and developing solutions to prevent them.

The Council, comprised of researchers and representatives, acts independently and without influence from Svenska Spel.

Håkansson added: “Our research is about making early discoveries when it comes to gambling problems. The investment means that we can deepen and strengthen that work.”

In July, Svenska Spel published its Q2 2022 financial results, reporting a marginal net gaming revenue increase of 1%, while total operating profit fell by 7% year-on-year.

Premium+ Connections
Premium

GammaStack

 
Premium

Revsharks

 
Premium

Galaxsys

 
Premium

Lynon

 
Premium

RISK

 
 
Premium

Imagine Live

 
Premium

PIN-UP Partners

 
Premium

Sport Generate

 
Premium

Digitain

 
Premium

1xBet Partners

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...