Svenska Spel cuts more than 200 jobs in faltering Casino Cosmopol business

Swedish operator reports 14% Q4 revenue decline as land-based operations lose SEK250m

Svenska Spel has confirmed that 218 members of staff working in its Casino Cosmopol land-based casino business have been made redundant due to recurring Covid-19 closures. The firm said the departures form part of a general reorganisation of its land-based portfolio, which has become a loss-making entity during the pandemic. Of Svenska Spel’s 1,573 staff…

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