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
A joint police operation across Spain and Sweden successfully dismantled a violent criminal network involved in illegal gambling. Coordinated by the European Union law enforcement agency Europol, nearly 150 police officers conducted simultaneous raids at multiple locations in both countries at the e
The Swedish government recently appointed Erik Eldhagen as the national secretary, responsible for overseeing the domestic gambling industry, and he will also oversee financial markets, state-owned assets, and new energy financing. This new official comes from the International Secretariat of the Sw
Sweden has recently proposed a plan to ban online gambling bonuses, sparking widespread discussion in the industry. The BOS association criticizes this move, believing it could benefit existing monopoly enterprises while driving players to the illegal market, whereas supporters are concerned that bo
Sweden's major gambling operators Svenska Spel and ATG reported a year-over-year growth in financial results for the third quarter of 2024, with both companies seeing increases in revenue and net profit. Svenska Spel's quarterly net gambling revenue reached 1.87 billion Swedish kronor (approximately
Pioneer in the cryptocurrency gambling sector, Yolo Group, recently announced a major strategic shift, focusing from unregulated crypto casino operations to regulated markets. The company plans to integrate its Sportsbet and Bitcasino brands into the unified Yolo.com brand, and enter top-tier regula
The Swedish Gambling Authority (Spelinspektionen) recently launched a public consultation on the regulatory reform draft of the self-exclusion system Spelpaus, planning to enhance the effectiveness of this tool through stricter identity verification and marketing restrictions.The core of this propos
Soft2Bet has officially launched its new brand Swiper in Sweden, obtaining a license from Spelinspektionen (Swedish Gambling Authority). The brand has been fully localized for the Swedish market, combining a mobile-first design with compliance features, aiming to create a more interactive and secure
