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LeoVegas sees German regulations limit growth in Q1

6th May 2021 9:59 am GMT
LeoVegas

Shares in Stockholm-listed gaming operator LeoVegas were trading more than 10 per cent lower this morning after the company reported an 8 per cent increase in revenue to €96.7m for the first quarter of 2021.

The company said that first quarter revenue would have been 19 per cent higher than a year ago when excluding Germany, where a new regulatory regime has introduced strict limits on product offering and monthly spending.

This was offset by growth in [...]

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