Lennart Käll, the Chief Executive Officer of the Swedish gaming corporation Svenska Spel, is resigning after almost seven years at the helm.

Assuming the position in 2011, Käll stated that achieving all the objectives he aimed for, along with the impending alterations to Sweden’s gaming laws, influenced his choice. These targets included establishing Svenska Spel as a socially conscious gaming enterprise offering appealing products and encounters for patrons.

The Swedish administration has outlined a schedule for a freshly regulated gaming sector, with the revised legislation slated to be approved by the Swedish Parliament (Riksdag) in June and implemented on January 1, 2019.

Commenting on his exit, Käll mentioned that Svenska Spel is approaching a new chapter with the restructured gaming market. He stressed that the firm is equipped for equitable rivalry within this novel environment. Käll added that this presents a suitable juncture for a fresh CEO to assume leadership and steer Svenska Spel into the future.

Käll will maintain his role as CEO until the summer while the company seeks his replacement. Erik Strand, Chairman of the Board at Svenska Spel, verified that the search for a new CEO is currently in progress.

Patrik Strand commended outgoing Chief Executive Officer, Lennart Käll, for his outstanding guidance throughout the previous seven years. Strand underscored that Svenska Spel, a gaming enterprise deeply ingrained in Swedish culture, is well-positioned for its forthcoming restructuring, slated to be implemented by year’s end.

Established in 1997 through the amalgamation of two state-controlled entities, Penninglotteriet and Tipstjänst, Svenska Spel maintains its headquarters in Visby, Sweden. The organization boasts extensive coverage, with transactions conducted via approximately 6,700 representatives, 2,000 dining establishments, taverns, and bingo facilities, in addition to digital platforms.

Looking back on his term, Lennart Käll conveyed satisfaction in the accomplishments of his executive team and the entire Svenska Spel workforce. He emphasized their triumph in fulfilling the directives established by the proprietors and showcasing the company’s capacity to attain expansion responsibly within the gaming sector. Käll concluded by asserting that Svenska Spel is fully equipped to embrace the obstacles and prospects presented by the dynamic gaming marketplace.