Casino Cosmopol is set to close the doors on its last remaining casino following a change in law from the Riksdag.
Earlier this week, the Swedish Parliament decided on a law change which will close down land-based casinos in the country, with the law set to come into effect from 1 January 2026.
In a release on its website, Svenska Spel, the operator of Casino Cosmopol on behalf of the Government, stated that, pending a changed ownership instruction, Casino Cosmopol in Stockholm will remain open until the law comes into force at the beginning of next year at the very latest.
Following the decision from the Riksdag, Svenska Spel will wait for the changed ownership instruction to close and liquidate the casino in Stockholm.
“We share the government’s assessment and have been prepared for the Riksdag’s decision,” commented Ola Enquist, CEO of Casino Cosmopol.
“Nevertheless, it is of course emotionally tough because it means that an era will end when the casino in Stockholm eventually closes. Our focus right now is to support our employees, while at the same time staying open and continuing to take care of our guests.
Enquist continued: “The issue of ownership instruction is on the agenda for Svenska Spel’s annual general meeting on April 24. After that, we hope to be able to provide more detailed information about when we can close the casino in Stockholm.”
Over the past several years, Casino Cosmopol has struggled with profitability and visitor numbers as more players choose to play online, resulting in the closure of all but one of its four original casinos.
Svenska Spel closed the Sundsvall casino in 2020, followed by the Gothenburg and Malmö casinos in February last year.
Enquist added that Casino Cosmopol will do what it can to assist its just under 240 employees at its Stockholm casino, with Svenska Spel’s sales process for the property to begin soon.
“We have initiated union negotiations and are holding a dialogue on how a liquidation should be carried out so that it is as good as possible. We are also keen to help our employees continue in their working lives after closure,” said Enquist.
