November 24, 2017 10:51 PM ET

Hotels, Restaurants and Leisure

Company Overview of AB Svenska Spel

Company Overview

AB Svenska Spel arranges gaming and lotteries on license from government in Sweden. The company provides sports and number games, lottery tickets, Vegas video lottery terminals, and casino gaming; and games through its Internet shop svenskaspel.se. AB Svenska Spel was founded in 1997 and is based in Visby, Sweden with an office in Sundbyberg; Casino Cosmopol Malmö, Gothenburg, Stockholm, and Sundsvall; Borås, and Jönköping, Sweden.

Norra Hansegatan 17

Visby,  621 80

Sweden

Founded in 1997

Phone:

46 1 01 20 00 00

Fax:

46 4 98 26 36 30

Key Executives for AB Svenska Spel

Chief Executive Officer
Age: 59
President
Age: 53
Chief Financial Officer
Age: 67
Acting Information Director and Acting Chief Executive Officer of Play Scan Ab
Chief of The Press Department
Compensation as of Fiscal Year 2017.

AB Svenska Spel Key Developments

Postcode Lottery Open To Acquiring Triss, Lotto & Keno

Postcode Lottery Ltd. has reported an interest in acquiring Swedish lottery brands Triss, Lotto and Keno which are owned by AB Svenska Spel.

IGT Announces Extension with Svenska Spel to Provide INTELLIGEN™ Video Lottery Terminal Central System until 2019

International Game Technology announced that it has entered into a two-year extension agreement with AB Svenska Spel, the company's lottery customer in Sweden, to continue providing the Company's INTELLIGEN™ video lottery terminal (VLT) core central system for monitoring and control of its existing VLT program. Svenska Spel is exercising a two-year extension, effective June 2017 and provided under the contract awarded to IGT in 2007 as part of a competitive procurement process. Under the contract extension, IGT will continue providing Svenska Spel with the INTELLIGEN VLT core central system to monitor approximately 6,000 VLTs in 1,900 restaurants, pubs, and bingo halls across Sweden through to June 2019. Svenska Spel also has the option to purchase new games and VLTs as part of the agreement. INTELLIGEN's new, modern architecture offers stable, secure command and control capability and responsible gaming features uniquely tailored to VLT gaming environments. It interoperates with a wide range of VLTs using multiple protocols, including the Game to System® (G2S®) open standard protocol, and has advanced communication abilities.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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