LeoVegas grabs share in Sweden as UK struggles continue

Stockholm-headquartered operator outperforms many competitors as Nordics net gaming revenue rises 14% in Q3

LeoVegas today reported Q3 revenue growth of 12% to €88.2m after gaining market share in Sweden’s re-regulated market. EBITDA rose by more than 40% to €12.7m as the operator avoided the financial downturn of its Sweden-focused competitors, while hailing strong performance in Finland, Denmark and Italy. The number of new depositing customers for the third…

Finance | Gustaf Hagman | LeoVegas | Royal Panda | Sweden | Swedish Gambling Authority