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Solid first quarter for LeoVegas as revenue grows to €89.4m

6th May 2020 9:51 am GMT
SBTech

Stockholm-listed gaming operator LeoVegas has reported a 4 per cent increase in revenue to €89.4m for the first quarter of 2020, benefiting from growth in the Nordic region.

Total deposits were up 7 per cent to €287.8m during the quarter, with mobile accounting for 74 per cent of the total.

Revenue from the Nordic region grew 10 per cent year-on-year despite the decrease in sports betting towards the end of the period and higher restrictions on bonus [...]

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