Svenska Spel records losses in profit and revenue amidst casino closures

During the quarter, the only segment that experienced growth was the Tur lottery division. Although it is still the operator's largest market, overall revenue fell as a result of declines at Sport & Casino, Casino Cosmopol, and Vegas. This decline was partially caused by the closure of two of Casino Cosmopol's three land-based casinos in February and the shortened hours at the remaining Stockholm venue.

Tax and gaming operations expenditures increased, which also had an effect on net profit.
 
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