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POSITIVE FIRST HALF FOR SVENSKA SPEL
Wednesday July 25,2012 : POSITIVE FIRST HALF FOR SVENSKA SPEL
Profit up 2.7 percent in competitive market
Swedish state-owned gaming operator Svenska Spel has posted positive H1/2012 results attributed to an increase in retail while maintaining its web and mobile market share in a strongly competitive market.
Key Performance Indicators over the period include:
- H1/2012 consolidated profit of 2.419 Billion Kronor (H1/2011: 2.356 Billion Kronor) an increase of 63 Million Kronor, up 2.7 percent year-on-year.
- Net gaming revenue for the Group rose to 4.775 Billion Kronor (H1/2011: 4.651 Billion Kronor), an increase of 2.7 percent.
- Operating profit for the Group amounted to 2.394 Billion Kronor (H1/2011: 2.326 Billion), an increase of 2.9 percent.
- Operating margin was 21.2 percent (H1/2011: 21.4 percent), lower margins due to product mix and higher operating costs
The company saw an increase in sales of its sports games, Triss and lotto over the period and has received positive feedback on the launch of its "Games Lookup" (spelansvarsapp) mobile app which allows customers more control over their gambling preferences using a mobile device.
A version of the Company's gambling habit self-test has also been made available over the mobile channel.
Oink Country Love Slot Launches -
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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