Swedes get their casino

  • 2003-01-23

Residents and visitors to Stockholm will be able to gamble to their hearts' desire in the Swedish capital as of Mar. 14 when the city gets its first casino since 1912.

The casino will be the fourth to open in Sweden in 18 months, organizers said in a statement.

Officials at Casino Cosmopol, a subsidiary of the Swedish state-run gaming and lottery agency, said they would bet their bottom dollar that half a million visitors will come in the first year of operation.

Housed in a former movie theater in the center of the city, the casino will offer more than 300 one-armed bandits, as well as roulette, blackjack and Caribbean stud poker tables and entertainment and food.

Recently-opened casinos in the southwestern town of Gothenburg and Malmoe in the south have proved to be a roaring success, registering more visitors than initially expected, but a third casino in the north of the country has failed to attract gamblers.

In 2001, the gaming and lottery industry in the Scandinavian country registered sales of 34 billion kronor (3.7 billion euros), or 3,777 kronor for each of Sweden's 9 million inhabitants.