Svenska Spel Has Officially Named Anna Johnson as New CEO
LISTEN TO THIS ARTICLE:Swedish state-owned gambling company Svenska Spel has appointed Anna Johnson as its new Chief Executive Officer.
As announced by the board of Svenska Spel, Johnson will assume the position in June 2024 and take over from the current CEO Patrik Hofbauer, who will transition to the role of Chief Executive at the largest telecommunications firm in Scandinavia, Telia Company.
Johnson previously served as the CEO of Sweden at Grant Thornton, a multinational management consultancy, a position she has held since 2016.
The Svenska Spel board believes Johnson is the perfect fit for the role. They referred to her as a ‘proven leader’ with a track record of delivering on corporate transformation, efficiency, and reorganization projects for mass-market enterprises.
We have undergone significant changes in recent years and are well-equipped today to offer sustainable gaming experiences that contribute to a better Sweden. The board and I are very much looking forward to working together with Anna and her management team.
Casino Cosmpol Reorganization
Johnson joins Svenska Spel at a strategic time as the operator embarks on the reorganization of the Casino Cosmopol and its Vegas Slot units, which have underperformed since the onset of the global pandemic.
This is a fantastic opportunity, and I am both grateful and humble for the trust. Svenska Spel is known as Sweden’s premier gaming company with many well-known gaming experiences. The group has a unique position and opportunity to drive sustainable gaming that contributes both joy and excitement for the benefit of the Swedish people and Swedish sports. I am really looking forward to leading Svenska Spel’s change journey together with the employees and continuing to create results.
The development comes months after the group appointed Frank Hojem as its Head of Communications and Sustainability. Hojem’s new responsibilities included overseeing and managing the organization’s communication strategies and sustainability initiatives.
Casino Cosmopol Makes SEK 132m in Q3
Last month, Sweden released its Q3 financial report showing that operators generated SEK 6.7 billion ($611.1m) in gross gambling revenue.
Online casinos and sportsbooks contributed the highest to the total revenue with SEK 4.25 billion; however, it was a 1.4% decrease year-on-year but increased by 1.7% to the figure recorded in the second quarter of this year.
State-operated casino games, provided by Svenska Spel's subsidiary, Casino Cosmopol, accounted for SEK 132m, marking an 11.4% drop from SEK 149m recorded in Q3 2022. However, it increased 4.8% compared to the second quarter of this year.
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