Swedish Poker Grows 140 Percent in Eight MonthsState-Owned Monopoly Svenska Spel Sees Huge Growth in Online Gaming |
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Sweden's state-owned gaming monopoly, Svenska Spel, saw profits leap 19 percent to SEK1.4 billion ($215 million) in the first nine months of 2007 on the back of strong demand for online gaming, including poker.
The number of active poker players in this period was 110,000. It raked SEK283 million (€31.0 million), which represented a growth of 140 percent over the same period in 2006.
Svenska Spel controls 35 percent of the Swedish market.
Overall, between January and September 2007, Swedes gambled SEK15.5 billion (€1.7 billion).
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