Revenue growth despite setbacks: Kindred sets tone for 2024
Kindred Group has achieved revenue growth of 4% in the third quarter of 2024, despite a 10% decline compared to the same quarter last year.
Kindred Group has achieved revenue growth of 4% in the third quarter of 2024, despite a 10% decline compared to the same quarter last year.
EveryMatrix has taken a major step towards acquiring Fantasma Games. The Stockholm-based game studio’s shareholders have voted overwhelmingly in favour of the acquisition.
The leaders of the Swedish and Danish gambling associations, Gustaf Hoffstedt (BOS) and Morten Ronde (Spillebranchen), believe that the gambling monopoly in countries such as Sweden, Denmark, Finland and Norway will soon disappear.
In Sweden, the vast majority of gamblers choose safe, legal providers. Spelinspektionen, the Swedish gambling authority, has calculated that in 2023, no less than 86% of players wagered their money with licensed providers.
The Swedish parliament, the Riksdagen, will soon discuss an important question: should gambling tax be lowered? The idea comes from Carl Nordblom, a politician from the Moderate Party.
Svenska Spel, the major player in the field of gambling in Sweden, has launched something new: the My Match campaign.
Betway, one of the most recognizable names in the gambling world, has announced that it will cease all its operations in Sweden as of October 1, 2024.
Online gambling is booming in Sweden. The market saw a significant growth of 6.4% in the second quarter of 2024. This means that total revenue for licensed gambling companies amounted to 6.9 billion Swedish kronor which is approximately 602.5 million euros.
Swedish gambling giant Svenska Spel has been fined 2 million Swedish kronor (around €148,000) by gambling regulator Spelinspektionen.
The Swedish government has given the Gaming Authority Spelinspektionen more powers to intervene directly in cases of excessive online gambling.
Swedish gambling company Kindred Group reports a continued decline in revenue derived from high-risk players in the second quarter of 2024.
Swedish state gambling company Svenska Spel is facing headwinds. Turnover and profit in the first half of the year have fallen.
The Swedish Gaming Authority, Spelinspektionen has started an investigation into online casino operator Kanon Gaming Limited.
The Swedish government has decided to increase the gambling tax from 18% to 22% from July 1, 2024. Lawmakers hope to make more money this way.
Spelinspektionen wants to ban Zimpler from collaborating with illegal providers.