LeoVegas Q2 revenue rises 17% as Covid-19 online shift aids growth

Stockholm-listed operator reports 34% uptick in depositing customers for July to mark record monthly level

LeoVegas has reported a Q2 2020 year-on-year revenue increase of 17% to €110.7m (£100m) as players continue to switch online amid Covid-19. Company EBITDA amounted to €23m (£20.8m) during the quarter, corresponding to an EBITDA margin of 20.8%, a figure up by almost 5% (4.8%) from the same period in 2019. Net gaming revenue (NGR)…

Covid-19 | Finance | Gustaf Hagman | H1 2020 | LeoVegas | Mobile casino | Q2 2020 | Sports betting | Sweden