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Nordic growth boosts LeoVegas in third quarter

7th November 2019 12:52 pm GMT

Stockholm-listed LeoVegas has reported a 12 per cent increase in third quarter revenue to €88.2m, benefiting from growth in Sweden, Finland, Denmark and Italy.

The company said the British market remains challenging and that its Royal Panda brand in particular recorded a weaker performance during the quarter, with organic growth excluding the UK at 27 per cent versus Q3 2018.

Net gaming revenue (NGR) from the Nordic region climbed 14 per cent as revenue from Sweden continued to develop “in a positive direction” following [...]

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