In the third quarter, LeoVegas’ performance in Sweden improved, which helped balance the company’s troubles in Germany.

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According to CEO Gustaf Hagman, the LeoVegas Group was “happy” with its third-quarter performance, with Sweden being its “brightest star.”

Revenue for the three months ended September 30 was €99.4 million (£85.1 million/$114.1 million), up from €88.9 million in the same period last year.

Classic casino games accounted for 76.0 percent of total income in the quarter, followed by live casino at 14 percent and sportsbook at 10%, while LeoVegas’ customer deposits increased by 5.4 percent to €308.6 million.

The total number of new depositing customers grew by 5.2 percent year over year to 188,221, the highest quarterly total since Q2 2020. Returning depositing clients were 281,500, up 8.4 percent from the previous year.

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Nassima Azmzm

Nassima Azmzm

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