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Svenska Spel Reports 7% Increase in Q3 Net Gaming Revenue

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Svenska Spel has reported 7% increase in Q3 net gaming revenue, driven by strong product brands such as Eurojackpot and Oddset. Two of three business areas show growth, which has a positive impact on the result, which increases compared to the same quarter last year. This is evident from Svenska Spel’s interim report for the third quarter of 2025.

“During the quarter, we have awarded big prizes to customers, elite sports scholarships within our sponsorship and grants for gaming research. This shows that our operations are permeated by Svenska Spel’s purpose: to create gaming joy with care and give back to society. All of this is made possible by customers liking our games and our strong brands, which is a decisive factor behind the group’s increased revenue during the quarter,” said Anna Johnson, President and CEO of Svenska Spel.

Higher revenue for the group

The Group’s net gaming revenue for the quarter is SEK 1874 million (1754), which is an increase of SEK 120 million or 7%.

Net gaming revenue for the Luck business area increased by 7% compared to the same quarter last year. Interest in Eurojackpot continues to increase, partly as a result of two jackpot wins this year going to Sweden. The game broke a new sales record during a week with a high jackpot in September. Lotto has also received a positive reception at its relaunch in the latter part of the quarter.

Net gaming revenue for the Sport & Casino business area increased by 9% compared to the same quarter last year. The positive development continues for sports betting under the Oddset brand with increased revenue and higher customer activity. Online casino also increased during the quarter, partly due to positive customer development. Interest in ice hockey has been high in connection with the start of the top leagues’ season, which was noticeable in the hockey game Powerplay.

The Vegas business area’s net gaming revenue is down 10%, due in part to the challenging economic situation for business partners, which has a negative impact on revenue.

The Group’s operating profit increased by SEK 112 million or 19% to SEK 718 million (606), positively affected by increased revenues and stable costs. The operating margin amounted to 38% (35).

The Group’s online business continues to grow, this quarter by 15% compared to the same quarter last year. Online accounts for 65% (60) of the Group’s revenue during the quarter.

Winnings, sports scholarships and research

During the quarter, Svenska Spel has awarded 90 million-kronor prizes on lotteries with a total value of just over SEK 805 million. The highest prize was just over SEK 409 million on Eurojackpot, the third largest prize ever in Svenska Spel’s history. The second highest prize was SEK 160 million on Lotto’s Dream Prize. Sports and casino games have delivered 19 million-kronor prizes during the quarter, of which eleven on Stryktipset and eight on Europatipset. The highest prize on sports betting was over SEK 10 million on Stryktipset.

In sports sponsorship, Svenska Spel, together with the Swedish Sports Federation, has awarded 60 new elite sports scholarships of SEK 60,000 each. The scholarship recipients are active in 40 different specialist sports associations and the addition gives them a better opportunity to combine elite-level sports with higher studies.

Support for research is an important part of Svenska Spel’s strategic goal of ensuring that customers play healthily. Svenska Spel’s independent research council celebrates 15 years this year and has also passed an important milestone: over SEK 100 million has been distributed to Swedish research on gambling and gambling addiction since its inception in 2010. In this year’s distribution, six new research projects will share a total of SEK 5 million.

Third quarter summary

• Net gaming revenue for the Group amounted to SEK 1874 million (1754), an increase of SEK 120 million or 7%, driven by growth for product brands such as Eurojackpot and Oddset.

• The operating profit for the Group amounted to SEK 718 million (606), an increase of SEK 112 million or 19%. The positive result is driven mainly by increased net gaming revenue.

• The operating margin amounted to 38% (35).

• Income statements, operating margin and other key figures in the report refer to continuing operations and exclude the land-based casino operations, which are reported as discontinued operations.

• Lotto has been relaunched with updated packaging. One of the new features is that even more people now have the chance to become millionaires by playing Lotto.

• Awarded 60 new elite sports scholarships that give scholarship recipients greater opportunities to combine elite sports with higher studies.

• Svenska Spel’s independent research council has awarded 5 million SEK to six new research projects on gambling and gambling addiction.

Summary of the period January – September

• Net gaming revenue amounted to SEK 5562 million (5479), an increase of SEK 83 million or 2%.

• The online sales channel increased by 9%.

• Operating profit for the Group amounted to SEK 1898 million (1762), an increase of SEK 135 million or 8%.

• The operating margin amounted to 34% (32).

• Casino Cosmopol in Stockholm closed on April 25 after the Riksdag decided that land-based casinos would no longer be allowed to operate from the beginning of the year. The operation is being wound up and the sales process for the Hasseln 1 property in Stockholm is ongoing.

• Income statements, operating margin and other key figures in this report refer to continuing operations and exclude the land-based casino operations, which are reported as discontinued operations.

• The profit for the continuing operations amounted to SEK 1536 million (1418).

• Launched the new lottery Lyckoplatsen where the whole of Sweden serves as the playing field and the customer can win by choosing their own lucky spot.

• The Tips-SM has been held where the top three tipsters get to donate half a million to sports clubs through the sponsorship initiative Gräsroten.

• Sweden’s and Svenska Spel’s highest win of 1.25 billion kronor has been won on Eurojackpot.

• The Administrative Court in Linköping has overturned the Swedish Gambling Authority’s decision regarding a warning and penalty fee against Svenska Spel Sport & Casino AB in a case from 2021 concerning the duty of care. The Swedish Gambling Authority has appealed the Administrative Court’s ruling.

The post Svenska Spel Reports 7% Increase in Q3 Net Gaming Revenue appeared first on European Gaming Industry News.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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AGCOR backs WSL Challenger Series to boost PH sports tourism

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The Philippine Amusement and Gaming Corporation (PAGCOR) has expressed full support for the ongoing World Surf League (WSL) Challenger Series in Baler, Aurora for boosting sports tourism and the country’s position as a premier surfing destination.

PAGCOR Chairman and CEO Alejandro H. Tengco said the agency is proud to sponsor a global league that brings elite surfers to iconic waves across the world, including celebrated Philippine surfing sites such as Siargao, La Union and Baler.

“We proudly support the WSL Series, which showcases emerging surfing talents and shines a global spotlight on the world-class waves of the Philippines,” Mr. Tengco said of the event, which started on November 17 and will run until November 23.

“This competition provides Filipino surfers with a bigger stage to showcase their skills while helping promote sustainable coastal development in surf communities,” he added.

“We look forward to a successful WSL Challenger Series and to seeing more Filipino surfers make a mark on the international surfing scene,” Mr. Tengco said.

The WSL is the leading global platform for professional surfing, staging top-tier competitions throughout the year in celebrated surf destinations.

The Challenger Series serves as the crucial qualifying arena for athletes aspiring to join the elite WSL Championship Tour, attracting a field of seasoned professionals and rising stars from across the world.

The Philippines has long been part of the WSL map, with Siargao hosting league-sanctioned events for the past 29 years.

The country’s consistent presence in the global surfing event has helped elevate local shores – particularly Cloud 9 in Siargao, as well as surf hubs in Baler and La Union –into key destinations for both athletes and adventure tourists.

 

The post AGCOR backs WSL Challenger Series to boost PH sports tourism appeared first on European Gaming Industry News.

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PRONET GAMING BECOMES FIRST B2B OPERATOR TO ESTABLISH SCBPO ACCREDITED OPERATION IN THE PHILIPPINES VIA CLAYMORE SOLUTIONS

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Omni-channel turnkey provider Pronet Gaming is the first internationally-licensed B2B company in the gaming sector to establish an SCBPO-accredited operation in the Philippines via Claymore Solutions.

Claymore Solutions is accredited by the Philippine Amusement and Gaming Corporation (PAGCOR) as a Special Class BPO (SCPBO), which authorises them to provide employer of record & serviced office space to internationally licenced gaming operators enabling them to establish operations in the Philippines without taking bets or payments.

Pronet Gaming will now build out IT and Trading teams in Manila, further strengthening its operational presence and technical capabilities in the region.

Pronet Gaming CEO Alex Leese said: “Establishing an SCBPO-accredited presence in the Philippines is a milestone that aligns perfectly with our long-term strategy of expanding our footprint in Asia, in a fully compliant way. We’re happy to have made this possible through the collaboration and support of our trusted partner, Claymore Solutions.”

Paul Fox, Chairman and Co-Founder of Claymore Solutions, said: “We’re honoured to be working with Pronet Gaming, providing EoR and serviced office space solutions for their operations which underlines the quality of local staff and further boosts the Filipino economy.”

PAGCOR Chairman Al Tengco commented: “We’re delighted to have B2B operators such as Pronet Gaming establish their Trading and IT operations here through Claymore Solutions. I hope that more companies follow given the wealth of readily available Filipino talent in this sector.”

Claymore will announce additional client partnerships in the near future.

The post PRONET GAMING BECOMES FIRST B2B OPERATOR TO ESTABLISH SCBPO ACCREDITED OPERATION IN THE PHILIPPINES VIA CLAYMORE SOLUTIONS appeared first on European Gaming Industry News.

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Fairspin Casino Unveils the Royale Run Tournament Overview

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Fairspin Casino presents the Fairspin Royale Run Tournament, an event designed to offer participants access to high-value rewards. The circle of privilege is introduced as a thematic element of the tournament and is presented as part of the overall concept.

From November 15 to December 25, gameplay is structured as a progression-based format, with rewards that include a luxury car, a premium motorcycle, and a branded watch.

The Fairspin Royale Run Tournament combines entertainment with measurable advancement through Fairspin’s transparent Play to Earn system. Each action contributes to overall progress, bringing participants closer to the available prizes.

Royale Run Tournament Prestige Overview

The Fairspin Royale Run Tournament is presented as a competitive event within the platform, featuring rewards intended to highlight its premium positioning. The tournament links in-game activity with defined outcomes, offering items such as a car, a motorcycle, and a watch as part of the prize structure.

By combining an incentive-based format with these rewards, Fairspin outlines its approach to transparent, activity-driven gaming. The Fairspin Royale Run Tournament reflects the platform’s emphasis on structured progression and measurable results.

Tournament Participation Details

The Fairspin Royale Run Tournament follows a Play to Earn format in which each bet contributes to advancement on the leaderboard. A total prize pool of $50,000 USDT will be allocated among 100 winners.

Participation is outlined as follows:

  • Users can join the event by selecting “Participate” on the tournament page.
  • Users can engage in any preferred games* — each bet boosts overall ranking.

*All games are eligible for the tournament, except those listed in Section 7.1.2.

Results are determined by the number of TFS tokens accumulated during the event. TFS is Fairspin’s digital asset used to reflect activity within the platform. Higher token totals correspond to higher positions on the leaderboard.

The winners will receive the following prizes:

  • 1st place: 20,000 USDT or a car certificate
  • 2nd place: 10,000 USDT or a motorcycle certificate
  • 3rd place: 6,000 USDT or a watch certificate
  • 97 finalists will share 14,000 USDT in additional rewards

Each action recorded during the tournament contributes to overall standing and eligibility for the listed prizes.

TFS Token Usage Overview

TFS tokens are used within the Fairspin ecosystem beyond the tournament period. They function as a mechanism for in-platform utility, as accumulated TFS can be converted into game currency, staked for defined returns, or exchanged in the Fairspin Store for items such as bonus funds, free spins, free bets, and selected technology products.

The platform outlines its token mechanics, withdrawal processes, and loyalty structure as part of its overall operating model, with each action contributing to measurable activity within the system.

About Fairspin Casino

Since its inception in 2018, Fairspin Casino has been at the forefront of innovation, combining a rewarding gaming experience with unparalleled blockchain transparency. With more than 10,000 games from over 100 top-notch developers, fast withdrawals, and enticing promotions, Fairspin continues to set the gold standard in the online casino industry.

The introduction of Fairspin’s TFS token has adjusted engagement dynamics on the platform. TFS is accumulated through rakeback and progression within Fairspin’s 10-level loyalty program. Tokens can be staked for defined returns or exchanged for a range of available benefits, including additional gameplay options and platform rewards.

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