Svenska Spel cites responsible gambling strategy after 2015 growth

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Lennart Käll, chief executive of Svenska Spel, has cited the Swedish state-owned lottery operator’s ongoing responsible gambling strategy as one of the main reasons behind year-on-year financial growth during the 12 months through to December 31, 2015.

Net gaming revenue amounted to just under SEK9 billion (€947.4 million/$1.1 billion), which represents a slight increase of 0.2% on the previous year.

Operating income for the group was up 1.8% to SEK5 billion, while net income also increased by 0.9% to SEK4.8 billion, with a heightened operating margin of 22.6%.

Svenska Spel also noted that its full-year results were boosted by an impressive performance in the final three months of the year, during which revenue grew by 1.6% year-on-year to SEK2.4 billion.

 

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