Svenska Spel, Sweden’s state-owned gaming operator, reported year-on-year growth in both net gaming revenue and net profit for fiscal year 2025, even as it exited the land-based casino business. The closure of the final Casino Cosmopol venue in the second quarter marked the end of an era for physical casino gaming in Sweden. Despite this structural shift, the company generated SEK7.69 billion in net gaming revenue for the year ended Dec. 31, 2025, reflecting a 2% increase compared with the prior year.