LeoVegas UK revenues plunge 32% on regulatory strains

Operator share price falls following UK struggles, although total group revenues increase 41%

LeoVegas has reported a 32% drop in organic revenues for the UK in Q3 due to increased regulatory pressures on the business. The operator’s UK-facing Rocket X and Royal Panda brands also took a hit, group CEO Gustaf Hagman said. Hagman said he was not satisfied with the operator’s overall growth and profitability during the…

Finance | Financials | LeoVegas | Royal Panda