ATG's Q3 operating profit falls to SEK 392m; Finnish licence granted

ATG’s operating profit fell to SEK 392m in the third quarter of 2026 from SEK 434m a year earlier. Net gaming revenue from horse and sports betting declined, while casino and the Danish business 25syv grew. The Swedish operator, owned by the country’s trotting and galloping sports bodies, reported the results in a press release on 23 October 2026.

It also said it was granted a licence in Finland on 19 October, ahead of the market opening on 1 July 2027.

By the numbers

Revenue

SEK 1.42bn

−3.1%

SEK 1.47bn a year earlier

Q3 2026

• Total revenue: SEK 1,421m, down 3% from SEK 1,467m.
• Group net gaming revenue: SEK 1,247m, down 4%.
• Operating profit: SEK 392m, down 10% from SEK 434m.
• January–September net gaming revenue: SEK 3,763m, down 3%.
• January–September operating profit: SEK 1,079m, down 2% from SEK 1,105m.

What drove it

Net gaming revenue (stakes minus winnings) from horse betting fell 6% in the quarter and from sports betting 9%. Casino rose 13%. The Danish business 25syv grew its net gaming revenue by 45% in Swedish kronor.

Lotta Nilsson, chief financial officer and deputy chief executive, said the fall in horse and sports betting means the company must strengthen its offers and competitiveness. The release does not say why those products declined or what will change.

Finland

The group applied for the Finnish licence through Hippos ATG Oy, a partly owned subsidiary. The release does not name the other owners, give ATG’s stake, or say which games or brand it will use in Finland.

What’s next

The next financial report, covering January to December 2026, is due on 12 February 2027.