Svenska Spel posts 7 rise in revenue for Q3 2021 as business returns to normal

Svenska Spel has taken in nearly SEK 2bn ($232m) for the third quarter of 2021 as all operations are up and running again for the first time in more than 15 months
Svenska Spel posts 7  rise in revenue for Q3 2021 as business returns to normal

Svenska Spel has taken inwards nearly SEK 2bn ($232m) for the 3rd canton of 2021 as all operations are upwardly and running again for the firstly time in more than 15 months.

Sweden’s state-run gaming chemical group has posted its every quarter public presentation figures, seeing a 7% growth inward Q3 revenue over the same time lastly year, spell it posted an operating gain of SEK 696m, upward past 31% from 2020.

With its triplet Casino Cosmopol properties inwards Malmö, Gothenburg and Stockholm having reopened inwards July, the radical is on-track for a bring back to normal levels after struggling through the pandemic.

Q3 saw its land-based operations under the Cosmopol and Vegas brands attestator a considerable increment inward footstep despite compliance with capacity limits and other government-recommended restrictions.

Svenska’s in-person properties were closed from the last of Mar 2020 until 7 July 2021 and as a result, this section experienced a 65% knock in revenues from cobbler's last yr .

“We bear on to bring home the bacon our customers with entertaining gaming experiences inward a responsible manner, and we written report ontogenesis inwards terms of revenue as substantially as customer bases and online gaming,” commented Patrik Hofbauer, President and CEO of Svenska Spel.

“With all our operations finally unfastened again, more employees endorse inwards our offices and high-pitched vitality inward the organisation, it looks prescribed sledding forrad for the total Swedish gaming company.”

With its tertiary quarter figures out, Svenska Spel’s meshwork revenue so far in 2021 comes to almost SEK 6bn, upward 7% from the same stop inwards 2020.

In addition, Q3 marks the 35th natal day of ane of Sweden’s to the highest degree popular gaming brands, Svenska-owned Triss, with profits during the billet distributed on identification number games and tickets to the tune up of almost SEK 194m.