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Directors Abandoning Shop

Svenska Spel is making some pretty major changes in the management infrastructure of the company this month although there has been no notice given to the media and the gambling monopoly is claiming that the fact that the Marketing Director and Chief Executive Officer are unrelated and not an indication of any situation at hand in the company. Svenska Spel is the state gambling monopoly operating within Sweden that has gained a lot of public attention because the state-run gambling groups is aggressively protecting its gambling market by filing claims within the state court system and pushing any infringing companies back out of market. The situation seems a little fishy specifically because Svenska Spel is not giving any reason either of the two recent management departures.

The former CEO of the state online casino gambling monopoly, Meta Persdotter, was only at the helm of Svenska Spel for a mere 18 months before now apparently moving on to an unknown next move. Anders Haag, the current Financial Director at Sevenska Spel is taking over for Persdotter in the interim while the gambling group seeks out a replacement. Persdotter has actually done a great job at the helm of the gambling monopoly and fulfilled one of the key aspects of her position which was to make the gambling group more socially responsible.

Persdotter stepping down as CEO, while not at all expecte din the online caisno gambling industry does make sense in light of all of the structural and focus changes that have been made in the past several months. What’s interesting is that the exit was sudden and unplanned because Svenska Spel does not have a replacement lined up for Persdotter and has noted that it could take as long as a year to replace the CEO.