Finance

Svenska Spel full-year revenues flatline despite strong mobile growth

State-owned operator reports 0.4% increase in net gaming revenue in 2016, while mobile sales rise by 57%

Svenska Spel reported flat net gaming revenue for 2016 despite seeing a strong increase in sales from mobile devices last year. For the 12-month period to 31 December 2016, the Swedish state-owned operator’s consolidated net gaming revenue amounted to SEK 8.9bn (£816m), a marginal increase of 0.4% year-on-year. The small increase in NGR came despite…

Finance | Svenska Spel

Latest