iGaming Business – Swedish national state-owned lottery Svenska Spel has become the first operator to offer the latest solution from online gambling player protection software developer Playscan. Customers of Svenska Spel will now have access to Playscan 4.1, a software product that helps to protect players. The latest version includes additional input from gambling addiction support groups and usability research, in additions to a new risk scale and an in-depth view of the risk analysis. The design, which Playscan said helps the player understand and further reflect on the risks associate with gambling, runs on multiple platforms including desktop, mobile…

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…

iGaming Business – Betradar, the sport betting data brand of Sportradar, has announced that Swedish state-run gambling operator Svenska Spel has deployed the firm’s live odds service for its betting offering. The launch sees Svenska Spel follow fellow Scandinavian state lotteries Veikkaus and Norsk Tipping in opting for the service. Betradar said its live odds services offers a fully automated and integrated in-running trading service, featuring a range of live betting sports and markets. The Betradar live betting portfolio covers 15 different sports and more than 12,000 matches per month. “The market demand has stretched Svenska Spel’s resources to the…

Poker News – Sweden’s gambling monopoly Svenska Spel said it has taken a “big step towards a healthier gaming market” with a soon-to-be-created professorship to study problem gambling. The professorship at Lund University’s Faculty of Medicine will carry out detailed research into the causes and effects of problem gambling – the first of its kind in Sweden, according to the state-owned operator. “It’s part of our mission to work towards the prevention of gambling problems,” Zenita Strandänger, head of Corporate Social Responsibility at Svenska Spel, told PokerNews. “To learn more about how we best can prevent these issues we need…

The Swedish gambling market has become ever more competitive in recent years since the Swedish government relaxed rules restricting other companies from operating in the country. The state-owned Svenska Spel has dominated the market, arguably creating a monopoly in Swedish gaming. However in recent years, the government has let privately-owned businesses operate in the country, ensuring that even during the recent economic downturn the industry remained unaffected. Despite the Swedish Government’s strict regulation of the gambling industry, other companies have been able to profit from the gap in the market left by Svenska Spel. Despite the giant’s dominance of the…