Svenska Spel focuses on digitisation to mitigate Cosmopol hurt Share Casino Cosmopol venues continues to disrupt Svenska Spel trading, as the state-owned operator reported a 14% decline in group Q4 net gaming revenues to SEK 2,212 million (Q4 2019: 2,247 million). Svenska Spel has predicted that if Casino Cosmopol venues are to remain closed for a further quarter, it will face a SEK 250 million hit on corporate revenues. Recurring casino venue closure costs, combined with further restriction to its ‘ Vegas’ arcade halls, saw Svenska Spel report an 11% decline in Q4 operating profits to SEK 690 million – down from SEK 775 million in Q4 2019. Following a review of its strategy to overcome Covid headwinds, Svenska Spel will ‘reorganise’ its Casino Cosmopol unit which the company stated would ‘affect more than 200 employees’.