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Svenska Spel has announced a review of its current offerings

02/19/2012 : SVENSKA SPEL TO REVIEW OFFERINGS
 
Delivers below overall market growth
 
State-owned Swedish gaming operator Svenska Spel has announced a review of its current offerings following its 2011 fiscal report showcasing  5 percent growth in profit over 2010 amounting to $5.0007 billion and a 0.7 percent increase in net gaming revenue.
 
Although delivering respectable growth in terms of profit, the firm's third highest ever results, Svenska Spel lags behind in market growth terms and will focus on recapturing market share.
 
“To maintain our market position we need to develop aspects of our business, review our offerings and continue to improve our gaming services,” says Svenska Spel chief executive officer Lennart Käll.
 
In line with this focus, Svenska Spel has declined to renew its $20 million per annum National Sports Federation (NSF) sponsorship, putting on hold a three-year relationship with the body which it intends to revisit at a later stage.
 
"We need to refocus and do the right things with the money we have. Therefore, we step off the NSF center, but we continue as active sponsors of the agreements we have with individual sports. We have heavy contracts with the big ball games," said Svenska Spel's Johan Lindvall.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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