Svenska Spel reports SEK 7.693bn net gaming revenue for Jan–Sep 2026
Third quarter stays dynamic; growth driven by Oddset, casino and Triss
Key Takeaways
- Svenska Spel reported net gaming revenue of SEK 7.693 million for January–September 2026.
- Third-quarter net gaming revenue was SEK 1.898 million, up SEK 24 million or 1% year‑on‑year.
- Group operating profit for Jan–Sep was SEK 2.539 million with an operating margin of 34%.
- Vikinglotto paid nearly SEK 200 million, a Swedish record for that product and the ninth largest prize in Svenska Spel history.
- Svenska Spel extended sponsorships with SHL and SDHL until 2031 and broadened its partnership with the Swedish Ski Association to 2032.
Svenska Spel presented its interim report for January–September 2026, with net gaming revenue of SEK 7.693 million for the period and SEK 1.898 million in the third quarter, growth attributed to high customer activity and strong performance from Oddset, casino and Triss. The company credits the quarterly improvement to higher user engagement and strategic investments in product offering and brand.
Third-quarter results
The group recorded net gaming revenue of SEK 1.898 million in the third quarter, compared with SEK 1.874 million in the same prior period, an increase of SEK 24 million or 1%, driven mainly by growth in Oddset, casino, Triss and Lotto. The group’s operating profit was SEK 656 million (718), a decline of SEK 62 million or 9%, explained by higher costs related to strategic investments. The operating margin was 35% (38).
“Growth in the Swedish gaming market is moderate, while competition for customers is fierce. Against this background, it is a statement of strength that we are taking market shares in both the license and lottery markets during the first half of 2026. During the third quarter, the positive development continues with growth and good profitability. This shows that our focus on sustainable growth is paying off,” said Anna Johnson, President and CEO of Svenska Spel.
The company also highlighted that its sports betting business exceeded objectives related to the World Cup in the final weeks of July, with high customer activity through to the final, and attributes part of the performance to the agreement with the Swedish Football Association. See broader sports performance in the [sports](/sports) section.
January–September summary
For the January–September period, net gaming revenue amounted to SEK 7.693 million, compared with SEK 7.573 million, an increase of SEK 179 million or 3%. The online sales channel grew by 8%. The group’s operating profit was SEK 2.539 million (2.317), an increase of SEK 34 million or 2%, and the operating margin remained at 34% (34).
The results reported in this statement refer to continuing operations and exclude the land-based casino operations that were discontinued in April 2025. Profit from continuing operations was SEK 2.099 million (1.977).
Partnerships, notable items and discontinued operations
Svenska Spel extended its sponsorship of the two top ice-hockey leagues, SHL and SDHL, until 2031, continuing as principal sponsor of the leagues and their clubs. The collaboration with the Swedish Ski Association was extended and expanded until 2032, now covering all disciplines within the association.
The company and the Swedish Sports Federation awarded 60 new elite-sport scholarships. Triss celebrated its 40th anniversary with a lottery featuring SEK 40 million in prizes. The largest prize of the year to date was on Vikinglotto, at almost SEK 200 million, a Swedish record for Vikinglotto and the ninth largest prize in Svenska Spel’s history.
The sale of the former Casino Cosmopol property in Stockholm was completed with Alecta Fastigheter as buyer; that transaction is included in discontinued operations.
For details on product and pipeline, see the casino and sports sections of the corporate report.
Frequently Asked Questions
How much did Svenska Spel’s net gaming revenue increase in January–September 2026?
Net gaming revenue increased to SEK 7.693 million in January–September 2026, a rise of SEK 179 million or 3% compared with the same period the previous year, according to the interim report.
What impact did the third quarter have on the group’s operating profit?
In the third quarter the group’s operating profit was SEK 656 million, a decrease of SEK 62 million or 9% from SEK 718 million, which the company attributes to higher costs from strategic investments.
What notable prizes did Svenska Spel record in 2026 to date?
The largest prize so far in 2026 was on Vikinglotto, at almost SEK 200 million — a Swedish record for Vikinglotto and the ninth largest prize in Svenska Spel’s history.
Which commercial partnerships did Svenska Spel renew during the period?
Svenska Spel extended its sponsorship of the SHL and SDHL hockey leagues until 2031 and expanded its collaboration with the Swedish Ski Association until 2032; it also maintains agreements with the Swedish Football Association.
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Emilio Navarro
Industry Technology Correspondent
Emilio Navarro covers the cross-cutting technology and business of iGaming — platforms, data and AI, compliance tooling, affiliate marketing, financial results, and the stories that fit no single rubric. The reports open with the announcement, cite vendors and figures exactly as published, and keep a healthy distance from press-release language. When a supplier unveils a new engine or the advertising rulebook changes, Emilio Navarro reports what genuinely changes.
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