Svenska Spel

Svenska Spel, Sweden’s state-owned gaming operator, reported year-on-year growth in both net gaming revenue and net profit for fiscal year 2025, even as it exited the land-based casino business. The closure of the final Casino Cosmopol venue in the second quarter marked the end of an era for physical casino gaming in Sweden. Despite this structural shift, the company generated SEK7.69 billion in net gaming revenue for the year ended Dec. 31, 2025, reflecting a 2% increase compared with the prior year.

Svenska Spel has announced the appointment of Mårten Forste as business area manager for its Sports and Casino division, signaling a strategic leadership shift at Sweden’s state-owned gaming operator. The move comes as the company navigates intensifying competition, evolving consumer preferences, and stricter regulatory expectations across the Nordic gaming market. Forste is expected to oversee product development, commercial strategy, and responsible gaming initiatives within one of the group’s most significant revenue segments.

Sweden’s state-owned gaming operator, Svenska Spel, has expanded its digital casino offerings by incorporating titles from Peter & Sons, a developer known for its creative slot games and distinctive artistic design. The partnership enhances Svenska Spel’s online casino portfolio, reinforcing its position in Sweden’s competitive iGaming market. By integrating Peter & Sons’ popular titles across its platforms, Svenska Spel aims to elevate player engagement and diversify its entertainment catalog.