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Svenska Spel

Svenska Spel

Svenska Spel is the Swedish state gambling operator, founded on 1 January 1997 and wholly owned by the Swedish government. Casino Cosmopol, which runs the country's land-based casinos, is its subsidiary. Its position changed fundamentally when the Gambling Act 2018:1138 took effect on 1 January 2019, ending the commercial monopoly and opening a competitive licensing system under Spelinspektionen. Svenska Spel was among the sixteen companies licensed at the outset, and now operates its sport and casino business in competition with Betsson, LeoVegas, Kindred and bet365 while retaining exclusive rights in parts of the lottery segment. It is the clearest European example of a former monopolist made to compete in its own market.

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