Svenska Spel ("Swedish Games") is a state-owned company operating in the regulated gambling market in Sweden. The company was founded in 1997 by the merger of the two state companies, Penninglotteriet ("The money lottery") and Tipstjänst ("Tip service").[1] The headquarters is located in Visby, Sweden. It conducts sales through approximately 6,700 agents, 2,000 restaurants, pubs and bingo halls as well as via the Internet. Through its subsidiary Cosmopol Casino it operates four casinos in Stockholm, Gothenburg, Malmö and Sundsvall.