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LeoVegas Q2 revenue declines 13% despite record Swedish performance

12th August 2021 9:39 am GMT
LeoVegas

Stockholm-listed LeoVegas has posted a 13 per cent drop in revenue to €96.8m for the second quarter of 2021, with a negative impact from regulatory changes in Germany offsetting a record performance in Sweden.

Excluding Germany, revenue would have grown 3 per cent year-on-year despite tough comparisons last year during the start of the pandemic, with LeoVegas benefiting from the first contributions from newly acquired Expekt.

New depositing customers (NDCs) fell by 9 per cent versus a [...]

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