Sweden’s last remaining Casino Cosmopol to close

A new government amendment to gambling regulations in Sweden is proposing to remove land-based gaming as a type of gambling supported by the state licence.

Swedish gambling company Svenska Spel has confirmed that it will subsequently close its last remaining Casino Cosmopol property, in Stockholm, affecting around 200 employees.

The casino in the Swedish capital will remain open ahead of the new amendment coming into force at the start of 2026.

“The movement from gambling in land-based casinos to gambling online accelerated after the reregulation of the gambling market in 2019 and the subsequent pandemic, when Casino Cosmopol remained closed,” said Erik Strand, president and CEO of Svenska Spel.

“Our review of Casino Cosmopol has taken place in close dialogue with our owner. We share the assessment that it is no longer possible to run Casino Cosmopol profitably.”

The Casino Cosmpol properties in Gothenburg and Malmö closed in February.

Ola Enquist, CEO of Casino Cosmopol, said: “Although we share the government’s assessment, it is emotional to take part in the bill.

“If it is adopted, it means that our last casino is closing and that an era is over. This of course affects all of us who work at Casino Cosmopol.

“As an employer, we will do everything we can to support our employees. We will also stay open as usual and continue to take care of our guests.”