Tag: Gaming Measures
Responsible Gaming Measures Hit Hard on Sweden’s ‘Monopoly’
May 6, 2014
Poker News – According to a note published by Sweden’s monopolistic company Svenska Spel, the package of “responsible gambling measures” implemented only six months ago resulted in a 6.2 percent profit loss. According to a report on 2014 Q1, “net gaming revenues decreased by SEK 186 million compared with the same period last year, moving from SEK 2.480 million to 2.293 million” and brought the Swedish gambling group an operating profit of SEK 1.243 million — SEK 83 million smaller than in 2013. “The decrease in revenues was expected,” commented Svenska Spel CEO Lennart Käll, who also added that the…