Swedish gambling operator ATG delivered a less-than-stellar report card for the fiscal year 2025: net gambling revenue of 5.25 billion Swedish kronor, a decrease of 2.2%; net profit 1.24 billion kronor, a drop of 16.4%. The performance pressure directly triggered a management shake-up—CEO Hasse Lor
Sweden has recently proposed a plan to ban online gambling bonuses, sparking widespread discussion in the industry. The BOS association criticizes this move, believing it could benefit existing monopoly enterprises while driving players to the illegal market, whereas supporters are concerned that bo
Sweden's major gambling operators Svenska Spel and ATG reported a year-over-year growth in financial results for the third quarter of 2024, with both companies seeing increases in revenue and net profit. Svenska Spel's quarterly net gambling revenue reached 1.87 billion Swedish kronor (approximately
As the Finnish market prepares to end its monopoly, Hippos ATG Oy will introduce the ATG brand in Finland starting from 2027.This new initiative will offer a diverse range of betting products through the ATG.fi website and the ATG gaming application framework, operating in a similar manner to ATG ap
Swedish operator ATG has announced its financial data for the first half of 2025. Net Gaming Revenue (NGR) was SEK 2.6 billion (approximately USD 237 million), a 5% decrease year-over-year, with total group revenue also falling to SEK 2.9 billion. The horse racing business declined by 5%, sports bet
Swedish horse racing betting giant ATG and the Finnish Horse Racing Association Suomen Hippos have established a joint venture, Hippos ATG, planned to operate on ATG's internal gaming platform but independently in business. ATG CEO Mikael Bäcke stated that the long-term national monopoly has margina
Swedish gambling regulation is once again under scrutiny. The latest report released by the Swedish horse betting company ATG points out that a large amount of gambling transactions in the country still bypass the regulatory system, with rampant unlicensed gambling activities severely deviating from
Swedish gambling operator ATG has accused the Finnish national gambling company Veikkaus of engaging in anti-competitive practices as the monopoly in the Finnish gambling market is about to be lifted. According to current plans, Finland will abolish the legal monopoly model on January 1, 2027, allow
The Swedish horse racing monopoly AB Trav och Galopp (ATG) and the Finnish Equestrian Federation Suomen Hippos have established an online gambling joint venture (JV) to welcome the reform of the Finnish gambling industry.The Finnish sports betting joint venture of ATG (yet to be named) will provide
The latest Q4 study by Aktiebolaget Trav och Galopp (ATG) shows that 17 out of 20 popular illegal gambling sites use the same platform providers as licensed operators.A report led by ATG, covering illegal gambling activities in Sweden during the fourth quarter, states that the online channelization
A new report from ATG highlights the long-standing issue of unlicensed gambling in Sweden, showing that a significant portion of the country's gambling activities are still outside the regulatory system.Despite increasing regulatory efforts, the channeling rate (i.e., the percentage of bets placed w
Swedish gambling operator ATG reported a two per cent rise in net gaming revenue for Q1, rising to SEK5.4bn (£400.3m). Its horseracing arm’s revenue was flat at SEK3.9bn (£289.1m) but sports betting and casino revenue climbed by eight per cent to SEK778m (£57.7m) and SEK689m (£51.1m), respectivel
Swedish gaming operator AB Trav och Galopp (ATG) says there remains a “downward" trend in the online gaming channelisation rate despite the rate stabilising in Q3 this year. ATG’s latest report puts the Swedish channelisation rate in the third quarter of 2024 between 70 per cent and 82 per cent.
Swedish gaming operator ATG says the increased gambling tax has cost the company to the tune of SEK55m (£4m) in the third quarter.Sweden’s gambling tax rate rose from 18 per cent to 22 per cent from July, but the increased costs have not totally dampened the mood at ATG.The company reported record n
Swedish gambling operator ATG has expressed concerns about the increasingly severe black market gambling in Sweden in a recent report. Since the introduction of the regulated gambling market in January 2019, black market gambling has surged dramatically. The report titled "Gambling Under the Radar—A
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