Svenska Spel's third-quarter revenue flat, net profit down

Swedish gaming company Svenska Spel reported a decline in net profit in the third quarter of 2026. Net gaming revenue came to SEK 1.90 billion. The figure was 1 percent above the SEK 1.87 billion recorded in the same period last year.

Two of the three main segments grew. The Tur lottery segment rose 1 percent to SEK 1.32 billion. Lotto and Triss made a positive contribution, while Eurojackpot failed to match last year's interest because of low jackpot levels. Sport & Casino generated SEK 516 million in revenue, up 6 percent. The 2026 FIFA World Cup, which ended at the start of the quarter, supported this increase. The Vegas segment fell 15 percent to SEK 67 million. The company said the decline was in line with expectations and that the number of partners had decreased.

The online channel grew 4 percent to SEK 1.27 billion and made up 67 percent of total revenue. Retail revenue fell 2 percent to SEK 558 million. Revenue from restaurants and bingo halls dropped 14 percent to SEK 67 million.

Gaming tax rose from SEK 388 million to SEK 414 million. Direct operating costs and some operating expenses also increased. Operating profit fell 9 percent to SEK 656 million. CEO Anna Johnson said the market is growing moderately and competition is fierce, adding that gaining market share is a strong sign for the company.