Uncategorized

Svenska Spel Full Year Revenue Tops SEK 8 Billion

Published

2 years ago

February 13, 2023

Reading Time: 3 minutes

Svenska Spel has presented its year-end report for 2022. The Group’s fourth quarter is characterised by continued investments in new gaming experiences and a maintained focus on sustainable gaming. Svenska Spel’s Board intends to propose a dividend of SEK 2 billion to the owner.

“I am happy that the board intends to propose a dividend of SEK 2 billion to the owner. That our surplus goes back to the Swedish people is one of the reasons why we are all of Sweden’s gaming company. During the 25 years that Svenska Spel has existed, together with our customers, we have contributed over SEK 100 billion to the state treasury,” Patrik Hofbauer, president and CEO of Svenska Spel, said.

For the full year 2022, net gaming revenue is SEK 8036 million (8144), a decrease of 1% compared to the previous year. The operating profit for the group is SEK 2387 million (2468), a decrease of 3%. The operating margin amounts to 30% (30).

European Gaming Congress 2024 (Warsaw, Poland)

The group’s net gaming revenue for the fourth quarter is SEK 2185 million (2233), which is a decrease of 2%. The operating profit of SEK 580 million (601) is a decrease of 3%, and the operating margin amounts to 27% (27). The online business increased by 1% compared to the same quarter last year and accounts for 48% (47) of the group’s revenue during the quarter.

The net gaming revenue for the Sport & Casino business area decreases during the quarter by 8% compared to the same quarter last year. Strengthened gaming responsibility measures continue to have a positive effect on the share of healthy revenue, which in the quarter reached an all-time high, but negatively affects net gaming revenue. The FIFA World Cup generated a lower customer interest than previous championships, partly because of the timing, and partly because the Swedish national team did not qualify. During the WC, there was also a break in many regular national football leagues, which limited the possibility of offering games such as Stryktipset, Europatipset and Toptipset.

For the Casino Cosmopol & Vegas business area, net gaming revenue will decrease by 10%. Here too, strengthened gambling responsibility measures negatively affect revenues, above all for slot machines Vegas, while the measures have the intended positive effect on the share of healthy revenues. Vegas’ net gaming revenue is also affected by the deteriorating financial situation of customers.

Within gaming experiences, customers are now offered the opportunity to swipe a Triss as a gift. The first digital Christmas calendar for Triss has been launched and the total sales of Triss calendars increased compared to the previous year. New digital lotteries have been launched, a total of 13 during the year. Within the sports games, the product pages for pool games have been improved during the quarter, the World Cup tip had its premiere and Oddset was updated with game packages. Casino Cosmopol has had full Christmas tables, well-attended New Year’s dinners, and sold out poker tournaments at the casino in Gothenburg.

During the quarter, Svenska Spel distributed 76 million winnings on number games and lotteries with a total value of more than SEK 185 million. For the full year 2022, this means 282 million winnings from number games and lotteries with a total value of more than SEK 782 million. Sports games have delivered 20 million in winnings during the quarter, of which eleven for Stryktipset. This means that Stryktipset broke its own record from 2015 and gave 62 million in profits during the year. A total of 91 million in profits fell from the Sport & Casino business area in 2022, which is also a new record.

Uncategorized

TESTA debuts TESTA Score, allowing operators to benchmark UX

Published

5 hours ago

June 19, 2025

Adrienn Sarkany

testa-debuts-testa-score,-allowing-operators-to-benchmark-ux

Reading Time: 2 minutes

TESTA, the crowd testing platform for the iGaming industry, has launched its innovative TESTA Score with CasinoCompare.ph, a Philippine-focused online casino affiliate—and the only platform exclusively listing PAGCOR-licensed online casinos.

TESTA Score is a new UX quality benchmark developed by TESTA that shines a light on online casino brands in markets with new regulatory compliance standards.

Using real testers with local devices, IDs and bank accounts, TESTA evaluates each operator’s performance across four key processes – registration, deposit, withdrawal and KYC.

Each process is scored against strict usability parameters such as the number of required input fields, page clicks, lead times for verification and fund arrival, as well as the number of KYC attempts required.

The total possible score is 100, divided across:

The TESTA Score provides objective, player-centric transparency in any market.

With local connectivity, device preferences and regulatory friction in mind, the scoring system reflects the real-world user journey and highlights where improvements are most needed.

This then provides a chance for operators to improve their key flows, especially KYC, and then apply for a re-test to update their published score.

CasinoCompare.ph becomes the first online casino affiliate to deploy TESTA Score, with six Philippine-licensed online casinos now ranked. The site is operated by AFFILI.ph whose aim is to set a new industry standards for transparency, trust, and player confidence.

The six sites include Casino Plus, Desk Game, FBM E.Motion, Bet88, PlayTime and Crazy Win.

While most operators performed well on the core user flows, the KYC process emerged as the main differentiator.

Operators that lacked a working KYC step at withdrawal automatically received a zero in that category, pulling down their overall TESTA Score significantly.

This is how they fared:

Casino Plus led the pack with a total score of 97/100, earning perfect marks in registration, withdrawal, and KYC, and only dropping points on deposit due to a single extra page click.

As well as accessing TESTA Score through their affiliate partners, operators can work directly with TESTA to determine their TESTA Score.

Chris Johnson, TESTA CMO, said: “Born out of frequent client requests for key processes testing, and competitor benchmarking, the TESTA Score measures the parts of the customer journey, outside of game play, that make or break player acquisition and retention.

“Operators can use their TESTA Score to understand where they stand out over their rivals and where there is a gap they need to close.

“It’s great to see that six Philippine-licensed casinos have already used TESTA Score to benchmark their UX and acquisition flows, and we look forward to working with more moving forward, both in the Philippines and other markets around the world.”

The post TESTA debuts TESTA Score, allowing operators to benchmark UX appeared first on European Gaming Industry News.

Uncategorized

Yolo Investments completes raise for €100m Fund II

Published

6 hours ago

June 19, 2025

Adrienn Sarkany

yolo-investments-completes-raise-for-e100m-fund-ii

Reading Time: < 1 minute

Yolo Investments has closed fundraising for its flagship Fund II after hitting its €100 million target.

The fund comprises €50 million in external capital, as well as a €50 million commitment from Yolo Group.

It brings together a network of 23 investors, including founders and industry thought leaders, further strengthening the Yolo Investments ecosystem and enhancing the strategic value it can offer portfolio companies.

Fund II has already backed 12 companies across igaming, blockchain and fintech, with notable investments including Dabble, Kraken and Syfe. It expects to make a further 10 investments over the next 12 months.

Tim Heath, GP at Yolo Investments, said: “We’re absolutely thrilled to be closing our raise for Fund II having hit our target. This took place during challenging market conditions, with global VC fundraising facing significantly more headwinds compared with previous vintages. But investors have looked at our previous funds’ track record and the strength of our ecosystem, and have strongly backed us.

“We are humbled by that response as a real vote of confidence, not just in what we’ve built so far, but in where we’re heading next. We will continue to back more brilliant founders and help them scale faster, smarter and with the full power of the Yolo ecosystem behind them.”

Yolo Investments’ Fund II is structured as a Guernsey-registered limited partnership, and is licensed by the Guernsey Financial Services Commission (GFSC).

The post Yolo Investments completes raise for €100m Fund II appeared first on European Gaming Industry News.

Uncategorized

Party Like It’s 3000 BC in Shake Your Mummymaker! at SlotsCapital.lv – Plus a 175% Bonus Up to $1,750

Published

7 hours ago

June 19, 2025

Adrienn Sarkany

party-like-it’s-3000-bc-in-shake-your-mummymaker!-at-slotscapital.lv-–-plus-a-175%-bonus-up-to-$1,750

Reading Time: < 1 minute

SlotsCapital.lv Casino is throwing an epic undead dance party in ancient Egypt, and every player’s invited. From June 19–25, dive into the pulse-pounding new slot Shake Your Mummymaker! from Rival Gaming—where pyramids glow to the beat, mummies bust a move, and pharaohs groove for your wins! To fuel the fun, claim a 175% deposit bonus (up to $1,750) and spin your way to legendary treasures.

Why This Slot’s the Life of the Party:

Hold & Win Jackpots: Land Prize Symbols (Rings) to trigger cash prizes and chase four in-game jackpots!
Wild Mummy 2X Multiplier: Watch wins double when the dancing Wild steps in
Bonus Buy Feature: Skip the wait—buy your way into the action and hit the bonus round fast
Turbocharged Mobile Play: With Portrait Mode and a Turbo Speed button, the party never slows down.

“This isn’t just a slot—it’s a time-traveling rave where mummies shimmy, reels ignite, and every spin could unleash a treasure hoard. Grab your bonus, hit the dance floor, and let the mummies multiply your wins!” — Steven Vaughn, SlotsCapital Casino Manager.

Ready to shake up history? Join the party at SlotsCapital.lv from June 19–25 and spin with the undead for your shot at $1,750 in bonus cash!

175% DEPOSIT BONUS up to $1750 – Shake Your Mummymaker!
Bonus Available to ALL PLAYERS June 19-25, 2025

Bonus to be played on Shake your Mummymaker! by Rival
Minimum Deposit: $25
Wagering Requirement: 36X (deposit + bonus)
Maximum Bonus: $1,750 (No max. Cashout)
BONUS CODE: MUMMY175

Captivating players across the globe, SlotsCapital.lv Casino is renowned for its vast collection of games and generous player bonuses.