Sports Betting News
Breaking news from around the world regarding sports wagering, covering the UK market, US sports betting, regulation, market launches, football betting & more.

Svenska Spel revenue declines 6% in first quarter since re-regulation

State-owned Swedish operator Svenska Spel saw net gaming revenue decrease 6% year-on-year in Q1 to SEK 2.05bn ($197.4m). Sweden re-regulated and opened its market to private and foreign companies at the start of the year and the influx of operators has been attributed as a factor for some of the decline.  The company’s CEO, Patrik Hofbauer, says Svenska Spel is pleased with the new market but not with its results in this initial quar...
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