Svenska Spel reports a third quarter with increased net gaming revenue, driven by strong product brands such as Eurojackpot and Oddset.

Two of three business areas show growth, which has a positive impact on the result, which increases compared to the same quarter last year. This is evident from Svenska Spel’s interim report for the third quarter of 2025, which is presented today.

During the quarter, we have distributed big prizes to customers, elite sports scholarships within our sponsorship and grants for gaming research. This shows that our operations are permeated by Svenska Spel’s purpose: to create gaming joy with care and give back to society. All of this is made possible by customers liking our games and our strong brands, which is a decisive factor behind the Group’s increased revenue during the quarter, says Anna Johnson, President and CEO of Svenska Spel.

The Group’s net gaming revenue for the quarter is SEK 1,874 million (1,754), which is an increase of SEK 120 million or 7 percent.

Net gaming revenue for the Luck business area increased by 7 percent compared to the same quarter last year. Interest in Eurojackpot continues to increase, partly as an effect of two jackpot wins this year going to Sweden. The game broke a new sales record during a week with a high jackpot in September. Lotto has also received a positive reception at its relaunch in the latter part of the quarter.

Net gaming revenue for the Sport & Casino business area increased by 9 percent compared to the same quarter last year. The positive development continues for sports betting under the Oddset brand with increased revenue and higher customer activity. Online casino also increased during the quarter, partly due to positive customer development. Interest in ice hockey has been high in connection with the start of the season in the top leagues, which was noticeable in the Powerplay hockey game.

Net gaming revenue for the Vegas business area decreased by 10 percent. This is due, among other things, to the challenging economic situation for business partners, which has a negative impact on revenue.

The Group’s operating profit increased by SEK 112 million or 19 percent to SEK 718 million (606), positively affected by the increased revenue and stable costs. The operating margin amounts to 38 percent (35).

The Group’s online business continues to grow, this quarter by 15 percent compared to the same quarter last year. Online accounts for 65 percent (60) of the Group’s revenue during the quarter.

Prizes, sports scholarships and research

During the quarter, Svenska Spel has distributed 90 million-dollar prizes on lotteries with a total value of just over SEK 805 million. The highest prize was just over SEK 409 million on Eurojackpot, the third largest prize ever in Svenska Spel’s history. The second highest prize was SEK 160 million on Lotto’s Drömvinsten. The sports and casino games have delivered 19 million-dollar prizes during the quarter, of which eleven on Stryktipset and eight on Europatipset. The highest win on sports betting was over SEK 10 million on Stryktipset.

In sports sponsorship, Svenska Spel, together with the Swedish Sports Federation, has awarded 60 new elite sports scholarships of SEK 60,000 each. The scholarship holders are active in 40 different specialist sports associations and the addition gives them a better opportunity to combine elite-level sports with higher studies.

Support for research is an important part of Svenska Spel’s strategic goal of ensuring that customers play healthily. Svenska Spel’s independent research council is celebrating its 15th anniversary this year and has also passed an important milestone: over SEK 100 million has been awarded to Swedish research on gambling and gambling addiction since its inception in 2010. In this year’s award, six new research projects will share a total of SEK 5 million.