Svenska Spel Poker Revenue Down 18 Percent in 2009Swedish State-Run Poker Operator Sees Decline in Poker Revenue Last Year |
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Svenska Spel, the Swedish state-run gaming operator, has confirmed its net online poker revenue declined 18.1 percent in to SEK302 million (€31.4 million) from SEK372 million (€38.6 million) in 2008.
Online poker represents 3 percent of Svenka Spel’s overall gaming revenue.
Earlier this week the company’s annual report observed, “When poker started on internet it started a trend which the mass media referred to as a poker boom. Internet poker rapidly became one of the most popular games with foreign- based internet companies, as well as on svenskaspel.se.
“The boom has weakened over time and interest in poker on internet has stabilised. Interest in poker continues to grow steadily at the casinos, however, and Casino Cosmopol arranges poker tournaments and “cash games”.
Net online poker revenue also fell in 2008 to SEK372 million from SEK385 million in 2007.
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