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Enlabs reports strong Q1 growth as it cancels UK license

9th May 2019 7:02 am GMT

Stockholm-listed Enlabs has reported a 53 per cent increase in profit to €2.3m for the first quarter of 2019, although it warned that second quarter results will be impacted by its recent financial penalty from the UK Gambling Commission.

The iGaming operator and affiliate posted a 26 per cent increase in revenue to €9.0m for the first quarter. Gaming revenue rose 36 per cent year-on-year to €8.3m across Enlabs brands such as Optibet, with 95 per [...]

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