Svenska Spel
Svenska Spel is a state-owned company operating in the regulated gambling market in Sweden. For many years, state-owned Svenska Spel was the only company permitted to offer online gambling to people in Sweden, whether it be casino games, sports betting, or other types of games.On January 1, 2019, Sweden brought in new laws that ended the state-run online gambling company’s monopoly and opened the market to private operators.
The Swedish gambling reforms have struck a balance between giving players freedom to choose and protecting them from bad actors.
The company was founded in 1997 by the merger of the two state companies, Penninglotteriet and Tipstjänst. The headquarters is located in Visby, Sweden.
It conducts sales through approximately 6,700 agents, 2,000 restaurants, pubs and bingo halls as well as via the Internet.
Through its subsidiary Cosmopol Casino it operates four casinos in Stockholm, Gothenburg, Malmö and Sundsvall.
The surplus from the company’s operations is paid directly to the Public Treasury.
