Swedish gaming technology giant Evolution AB announced on Tuesday a stock repurchase program of up to 2 billion euros (approximately 2.3 billion US dollars), accompanied by a 300 million euros senior unsecured revolving credit arrangement, to maintain liquidity throughout the repurchase period. The
The Swedish Gambling Authority officially released a set of technical regulations for the Spelpaus national self-exclusion system on April 29, adding a standardized lock to the operational procedures of all licensed operators. These updated rules were passed by internal resolution on April 23 and wi
A five-year-long commercial defamation dispute has recently escalated. Swedish live entertainment venue supplier Evolution AB has officially submitted an application to the Superior Court of New Jersey, USA, requesting to amend its ongoing defamation lawsuit to include competitor, UK-listed gambling
A report commissioned by the Swedish Online Gambling Trade Association and authored by economist Ola Nevander shows a significant decline in Sweden's problem gambling rates since the late 2000s. This change occurred against an interesting backdrop: the online gambling market experienced rapid growth
The Swedish government recently announced the appointment of Peter Knutson as the new Director-General of the Swedish Gambling Authority. Knutson, currently the Advertising Commissioner, will officially take office on August 17, 2026, with a term of six years until August 31, 2032. In plain terms, i
As AI is eroding software advantages at an unprecedented rate, physical infrastructure, regulatory complexity, and hard-earned trust are becoming the most solid barriers. Swedish listed company Evolution Gaming (stock code: EVO) is the clearest example of this logic in the gambling industry—it suppl
The latest survey by the Swedish Gambling Alliance Casinofeber shows that by 2025, nearly one-sixth of Swedes (18%) have played online casino games, and about one-fifth (24%) have engaged in online betting. The survey covered 3463 people and conducted an in-depth analysis of 1004 active players. Sim
Swedish gambling operator ATG delivered a less-than-stellar report card for the fiscal year 2025: net gambling revenue of 5.25 billion Swedish kronor, a decrease of 2.2%; net profit 1.24 billion kronor, a drop of 16.4%. The performance pressure directly triggered a management shake-up—CEO Hasse Lor
On January 1, 2026, land-based casinos in Sweden officially became history. This globally rare comprehensive ban was not an overnight decision, but a turning point in social policy that had been brewing for years. The direct trigger was the closure of the last Casino Cosmopol casino under the state-
On the eve of land-based casinos officially becoming history in Sweden on New Year's Day 2026, the state-owned gambling company Svenska Spel delivered an impressive financial report for the fiscal year 2025. Despite the closure of its last Casino Cosmopol land-based casino in the second quarter of l
Swedish gambling giant Betsson recently delivered its 2025 report card. The company's annual revenue increased by 8% year-on-year, reaching 1.197 billion euros, which sounds like good news. However, a closer look at the profit statement is less optimistic: due to increased tax costs associated with
Recently, the gambling regulatory authorities in Scandinavia quietly made a big move. The heads of regulators in Sweden, Norway, and Denmark held a private meeting, with one core agenda: how to prevent problem gamblers who are "blacklisted" in one country from slipping into neighboring countries to
Swedish renowned game developer Play'n GO recently announced that its gaming products have officially launched in Bole through its partner Betway. This marks a significant move, further expanding the company's footprint on the African continent, following its successful entry into South Africa in Ju
Swedish gaming giant Play'n GO has announced that its popular gaming products are now officially live in four key states in the US through the Fanatics Casino platform. This means that players in Michigan, New Jersey, Pennsylvania, and West Virginia are now in luck, as they can experience hit games
Swedish gambling tax reform topic resurfaces. The CEO of Sweden's Horse Racing and Betting Company (ATG) proposed to follow the UK's lead in raising the tax rate for online casinos, which was immediately met with sharp criticism from the Swedish Online Gambling Trade Association (BOS). BOS Secretary
Recently, the UK government announced a differentiated adjustment plan for gambling taxes in its autumn budget, which has caused quite a stir in the Swedish gambling industry across the Atlantic. Hasse Lord Skarplöt, CEO of the Swedish horse racing monopoly operator ATG, publicly called on his gover
