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LeoVegas first quarter revenue declines 4%

30th May 2023 9:41 am GMT
LeoVegas

MGM Resorts-owned online betting and gaming operator LeoVegas struggled for growth in the first quarter of 2023 as revenue decreased by 4 per cent to €95.0 million.

In the Nordic region, net gaming revenue (NGR) fell by 3 per cent year-on-year, as tough macroeconomic conditions and negative currency fluctuations impacted revenue despite a record high customer base in Sweden.

In the Rest of World region, NGR declined by 28 per cent, with results adversely impacted by the [...]

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