Svenska Spel has officially closed its last land-based casino, Casino Cosmopol in Stockholm, after updated ownership directives were issued following the Swedish Parliament’s decision to phase out land-based casino gaming. The closure was confirmed on 25 April, shortly after the company received new instructions from the government the previous day. Casino Cosmopol’s closure marks the end of an era for Svenska Spel, which had operated the venue under a state-sanctioned monopoly. Although the new law does not require the full cessation of physical casino operations until 1 January 2026, Svenska Spel opted to shut down the Stockholm location ahead of schedule. Casino Cosmopol Closes After Two Decades of Operations The decision to end land-based casino gambling in Sweden, supported by Svenska Spel itself, was taken by Parliament earlier in April. A proposal to discontinue Casino Cosmopol’s operations was first raised as early as May last year. With profitability and foot traffic in steady decline for years — largely due to… Read More

Category: News 

Source: Casino News Daily