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Svenska Spel Full Year Revenue Tops SEK 8 Billion
Svenska Spel has presented its year-end report for 2022. The Group’s fourth quarter is characterised by continued investments in new gaming experiences and a maintained focus on sustainable gaming. Svenska Spel’s Board intends to propose a dividend of SEK 2 billion to the owner.
“I am happy that the board intends to propose a dividend of SEK 2 billion to the owner. That our surplus goes back to the Swedish people is one of the reasons why we are all of Sweden’s gaming company. During the 25 years that Svenska Spel has existed, together with our customers, we have contributed over SEK 100 billion to the state treasury,” Patrik Hofbauer, president and CEO of Svenska Spel, said.
For the full year 2022, net gaming revenue is SEK 8036 million (8144), a decrease of 1% compared to the previous year. The operating profit for the group is SEK 2387 million (2468), a decrease of 3%. The operating margin amounts to 30% (30).
The group’s net gaming revenue for the fourth quarter is SEK 2185 million (2233), which is a decrease of 2%. The operating profit of SEK 580 million (601) is a decrease of 3%, and the operating margin amounts to 27% (27). The online business increased by 1% compared to the same quarter last year and accounts for 48% (47) of the group’s revenue during the quarter.
The net gaming revenue for the Sport & Casino business area decreases during the quarter by 8% compared to the same quarter last year. Strengthened gaming responsibility measures continue to have a positive effect on the share of healthy revenue, which in the quarter reached an all-time high, but negatively affects net gaming revenue. The FIFA World Cup generated a lower customer interest than previous championships, partly because of the timing, and partly because the Swedish national team did not qualify. During the WC, there was also a break in many regular national football leagues, which limited the possibility of offering games such as Stryktipset, Europatipset and Toptipset.
For the Casino Cosmopol & Vegas business area, net gaming revenue will decrease by 10%. Here too, strengthened gambling responsibility measures negatively affect revenues, above all for slot machines Vegas, while the measures have the intended positive effect on the share of healthy revenues. Vegas’ net gaming revenue is also affected by the deteriorating financial situation of customers.
Within gaming experiences, customers are now offered the opportunity to swipe a Triss as a gift. The first digital Christmas calendar for Triss has been launched and the total sales of Triss calendars increased compared to the previous year. New digital lotteries have been launched, a total of 13 during the year. Within the sports games, the product pages for pool games have been improved during the quarter, the World Cup tip had its premiere and Oddset was updated with game packages. Casino Cosmopol has had full Christmas tables, well-attended New Year’s dinners, and sold out poker tournaments at the casino in Gothenburg.
During the quarter, Svenska Spel distributed 76 million winnings on number games and lotteries with a total value of more than SEK 185 million. For the full year 2022, this means 282 million winnings from number games and lotteries with a total value of more than SEK 782 million. Sports games have delivered 20 million in winnings during the quarter, of which eleven for Stryktipset. This means that Stryktipset broke its own record from 2015 and gave 62 million in profits during the year. A total of 91 million in profits fell from the Sport & Casino business area in 2022, which is also a new record.
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Are You Watching This?! partners with Optimove to deliver Real-Time fan engagement

Are You Watching This?!, the leading provider of real-time Sports Excitement Analytics data for global sports, announced a new collaboration with Optimove, the leader in Positionless Marketing.
Are You Watching This?!’s technology empowers operators and sports media companies to present perfectly-timed, emotion-driven engagement through Optimove’s CRM Marketing Hub workflows. RUWT?!’s pre-integrated Excitement Analytics identifies when a game gets thrilling – whether heading into overtime, a no-hitter, or a major upset – and automatically triggers contextual push notifications and personalized campaigns.
As part of the agreement, Optimove will also gain access to MetaBet Odds which allows operators and sports media to display live lines to customers. With RUWT?!’s data feed and Meta Odds embedded into Optimove’s platform, personalized real-time player interactions are instantly supercharged – giving brands the ability to connect with fans at the moments that matter most.
This integration establishes RUWT?! and Optimove as leaders in event-driven marketing – creating smarter, intuitive, and meaningful fan experiences across multiple platforms.
Are You Watching This?! Founder, Mark Phillip, said: “Partnering with Optimove means they can super-serve their network by helping marketers engage with users at the most impactful moments. Our Excitement Analytics tool understands when sports events are becoming unmissable and drives users to the action – boosting engagement, loyalty, and revenue.”
Optimove’s Adi Dagan, Senior Director of Partnerships, added: “We’re thrilled to partner with Are You Watching This?! — a true pioneer in real-time sports excitement. Their data is unmatched and combining it with Optimove’s marketing platform unlocks a new level of contextual, fan-first engagement. Together, we’re giving operators the power to connect with players at the exact moment excitement strikes, driving loyalty and lifetime value”
The post Are You Watching This?! partners with Optimove to deliver Real-Time fan engagement appeared first on European Gaming Industry News.
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Belatra signs partnership with Aardvark Technologies

Belatra Games, the specialist online slots developer, has agreed a new partnership to integrate its portfolio of casino titles onto Aardvark’s software platform.
Aardvark has an exceptional track record of providing specialist omni solutions for online and retail betting recognised for a high-performance transaction engine with extremely high bet acceptance rates. For more than 10 years, Aardvark has expanded its global customer base and offers a huge breadth of online betting content ranging from sports, lotteries and virtual games, to table games, keno and casino games.
Aardvark’s casino offering will now feature a wide selection of Belatra’s standout content including beloved hits Mummyland Treasures, Rise of Zeus, Golden øks, Make it Gold, and the most recent instant game, Mummy’s Mines
Misha Voinich, Belatra’s Head of Business Development commented: “We’re excited to bring our growing games catalogue to a broader audience through Aardvark Technologies’ network. Our shared philosophy for delivering exceptional gaming experiences makes this the perfect collaboration.”
Arijus Denisovas, Commercial Director at Aardvark Technologies, said: “It’s vital that we always look to enhance our casino offering with the best content available so our partners can present the most engaging titles to their players. Belatra’s library of games is the ideal way for us to build on this belief.”
The post Belatra signs partnership with Aardvark Technologies appeared first on European Gaming Industry News.
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Dragonfate’s Favor unleashes Wild power with walking dragons

Play’n GO unveils Dragonfate’s Favor, a 6×4 video slot where ancient dragons stir and the lost power of the Alpha is yours to command.
In Dragonfate’s Favor, players are transported to a land where dragons once soared and their sanctuary shimmered with power. With the realm lost to time, only the Dragon Amulet can rekindle their might. Now, players join Goldar, the formidable golden guardian, and his fiery Hatchlings on a quest to restore the dragons’ strength and unlock riches buried in myth.
Blending folklore and fire, this game stands out with its narrative cohesion and choice-led gameplay. Three distinct Free Spins paths mirror the dragons’ unique traits, offering replayability and strategy within its 4096 payways.
The Re-Spins mechanic ignites when Goldar lands fully in view. He becomes a sticky Wild that walks leftward across the reels – a commanding force followed by agile Hatchlings, who may join the fray, overtaking their leader for unexpected wins. These Re-Spins can precede Free Spins, ensuring layered engagement.
Players then choose from three Free Spins modes. Alpha Blessing focuses on Goldar’s might; Hatchling Reward turns to the smaller dragons with walking, multiplying Wilds; and Dragon’s Gift fuses both for maximum impact. This blend of interactivity, character-driven mechanics and volatility choice gives Dragonfate’s Favor lasting appeal.
Players who enjoyed titles such as Raging Rex 2 or Beast of Fire will recognise the studio’s commitment to rich worlds and dynamic mechanics. The walking Wilds and layered volatility recall previous hits, yet Dragonfate’s Favor carves a niche all its own through narrative depth and the interplay between characters on the reels.
Magnus Wallentin, Games Ambassador at Play’n GO said: “Dragonfate’s Favor isn’t just about big wins – it’s about meaningful choices. Players can shape their experience with distinct Free Spins paths, making every game session feel truly unique.”
With walking Wilds, fiery mechanics and character-led gameplay, Dragonfate’s Favor offers a fresh take on fantasy slots – one that players will return to again and again.
The post Dragonfate’s Favor unleashes Wild power with walking dragons appeared first on European Gaming Industry News.
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