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Svenska Spel Posts 1% Revenue Rise in Q2 2022

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3 years ago

July 19, 2022

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Swedish lottery and gaming operator Svenska Spel has posted a 1% rise in revenue for the second quarter of 2022.

The Group’s revenues increase as Casino Cosmopol was open this year. The Group’s earnings and operating margin decrease slightly as a result of increased costs in priority investment areas, but also as an expected effect of a focus on sustainable gaming.

“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,” Patrik Hofbauer, President and CEO of Svenska Spel, said.

European Gaming Congress 2024 (Warsaw, Poland)

The Svenska Spel Group’s net gaming revenues for the quarter are SEK 1963 M (1938), an increase of 1% compared with the same quarter last year. Operating profit of SEK 531 M (574) is a decrease of 7% and the operating margin amounts to 27% (30). The reduction is due to higher costs for, among other things, investments in technology and product development.

Net gaming revenues for the Sport & Casino business area decreased during the quarter by 19% compared with the same quarter last year. The investment in strengthened gaming responsibility measures has the intended positive effect on the proportion of sound revenues and customers, but, as expected, has a negative effect on revenues. The sports games also face strong comparative figures as last year included a major championship.

For the Tur business area, net gaming revenues are at the same level as the corresponding quarter last year. The launch of two draws per week for Eurojackpot has been successful and during the quarter, Eurojackpot reached its highest ever record for online gaming.

Net gaming revenues for the Group amounted to SEK 1963 M (1938), an increase of SEK 25 M or 1%. The increase is explained by the fact that the casino operations were closed during Q2 2021.

The Group’s operating profit amounted to SEK 531 M (574), a decrease of SEK 42 M or 7%. The decrease is explained by higher costs for, among other things, investments in technology and product development.

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Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify

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48 minutes ago

September 11, 2025

Adrienn Sarkany

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With the centre-left retaining a narrow majority, Norway’s gambling framework is set to remain largely unchanged in the near term.

Norsk Tipping’s monopoly will continue, and enforcement tools such as payment and DNS blocking of unregulated operators are likely to remain in focus. While a shift to a licensing model appears unlikely this parliamentary term, the Progress Party’s stronger position as the main opposition keeps the reform debate active.

For industry stakeholders, the sensible course is to concentrate on compliant, sustainable strategies and to track policy signals closely as the debate continues.

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Slots Temple Announces Exclusive Free-to-Play Tournament Partnership with Pragmatic Play

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3 hours ago

September 11, 2025

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Leading online casino operator Slots Temple is excited to announce a brand-new partnership with the UK’s number one slot provider, Pragmatic Play. This exclusive new deal will allow Slots Temple to integrate Pragmatic Play’s industry-leading products into its free-to-play tournament platform.

As part of this collaboration, Pragmatic Play’s renowned online slot portfolio, which features popular titles like Big Bass Bonanza, Big Bass Splash, and Gates of Olympus, will be available on Slots Temple’s tournament platform.

This is a landmark moment for Slots Temple as it continues establishing itself as a unique proposition in the UK marketplace. The operator became the first affiliate site to receive a full United Kingdom Gambling Commission license, enabling it to offer real-money prizes and slots to its customers. Through this partnership, Slots Temple will also be the first operator in the UK to offer free to play Tournaments (on Pragmatic Play Slot Games) that award real cash prizes

Slots Temple is committed to giving its players access to the latest and best slots available, and this new partnership underscores that dedication.

Fraser Linkleter, CEO of Slots Temple, said: Tournaments are the beating heart of everything we offer here at Slots Temple. By signing this exclusive partnership, we are continuing to demonstrate to our players our commitment to collaborating with the best the industry has to offer.

“Slots Temple has repeatedly proven itself to be a trailblazer in the UK slot scene, and we’re excited for their players to engage with our titles through dynamic tournaments. Our games are designed with player engagement in mind, making them a perfect match for this format.” Beatriz Chamero, Business Development Manager at Pragmatic Play commented.

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iGP Partners With BetComply to Support Strategic Expansion

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3 hours ago

September 11, 2025

Adrienn Sarkany

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iGP, the full-service iGaming platform, aggregator, and lottery provider, has partnered with regulatory consultancy BetComply to accelerate its strategy to expand its presence in regulated markets. This marks a key milestone in iGP’s multi-year transformation project into a leading B2B iGaming solutions provider, following a strategic shift to become a purely B2B-focused business.

BetComply, the leading compliance advisory business, will provide iGP guidance across licensing applications, documentation preparation, internal controls, and technical compliance. This ensures iGP and its operator partners are fully equipped to launch and scale successfully in regulated markets.

The strategic collaboration adds further strength to iGP’s full-suite offering, which includes a feature-rich iGaming Platform, the next-generation iGaming Deck aggregator, turnkey casino and sportsbook offering, integrated crypto and retail capabilities, as well as the latest lottery solution. With BetComply’s expertise, iGP reinforces its ability to deliver long-term compliance assurance alongside the robust infrastructure operators depend on.

Having evolved from a fast-growing tech provider to a trusted partner for scalable growth, iGP empowers operators to expand with confidence and achieve sustainable success in competitive regulated markets.

Jovana Popovic Canaki, CEO at iGP, said: “Partnering with BetComply marks a significant milestone that underscores both our ambition and momentum. It strengthens iGP’s position as a serious player in regulated markets worldwide, and I’m immensely proud of the teams and partners who made this possible. With BetComply’s support, we are ready to deliver our technology and vision to operators across regulated markets. We look forward to announcing our new market launches shortly.”

Mike de Graaff, Chief Compliance Officer at BetComply, said: “We’re excited to support iGP as they target to expand into regulated markets. Our role is to ensure that iGP and its partners enter every jurisdiction on a strong and sustainable compliance foundation, giving operators the confidence to focus on growth.”

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