Close Bottom Menu CLOSE

Why join our Telegram

Telegram
  • list icon EXCLUSIVE Betting Bonuses
  • list icon 24/7 Pre-Match & Live Predictions
  • list icon New Unrestricted Bookmakers
  • list icon €1,000 In Monthly Giveaways
Join Our Community
Telegram

LeoVegas announced an increase in its total revenue

12 Nov 2021

leovegassport_vertikal_black-700x350Despite the new regulation in Germany and the Netherlands LeoVegas, the Nasdaq-listed group, announced a 12% increase of its total revenue in the Q3 trading update. This success was helped by the rise of the company in other countries like Italy, Sweden and Spain.

More Profits Despite Restrictive Measures

“All key markets performed well during the quarter, where our home market in Sweden was the brightest star. The favourable revenue growth for the Group confirms that the strategy to simultaneously scale up a number of markets and relaunch the Expekt brand has been a success. The company today is more diversified than ever, and we have succeeded in compensating for the sharp drop in revenue in Germany.” CEO and President Gustav Hagman mentioned.

The last quarter could be characterized as an ‘intensive re-regulation period’ since the regulatory framework on the Dutch online betting market combined with the re-regulation of the German market with the launch of the Fourth Interstate Gambling Treaty brought changes in the gambling market. LeoVegas disclosed that total revenue rose by 21% when both markets were discounted.

Sweden was identified as the biggest asset for LeoVegas by  Hagman because the company was able to successfully leverage its newly acquired Expekt brand. Moreover, the group maintained confidence in its Swedish activities. This is based on the fact that the Swedish government will end temporary restrictions on online casinos on 14 November.

Why choose LeoVegas Sports

High Odds and Profit Boosts
  • Award-winning bookmaker
  • More than 35 sports
  • 140+ football markets
  • Corners & Cards
  • Asian Lines
  • Increased Limits by Trader
  • Request Bet
  • Skrill and Paysafe accepted
  • 24/7 Customer Support
Click to Bet
Get the Best Odds
BOOK SPY
BOOK SPY BONUS REVIEW

LeoVegas is an established bookmaker that has been online since 2016. It has proved itself in terms of reliability by acquiring several Tier 1 licenses and partnering up with top football clubs. Even though the number of events on the website is generally low, I appreciate the overall payout. You can find dozens of special markets, and essential tools are available. I also liked the fact that it pays a lot of attention and knows how to reward loyal players through the VIP Program. This doesn’t mean there are no drawbacks. Strict regulations mean that crypto is not accepted, and the service is restricted in most countries worldwide. What’s more, navigation is difficult, especially if you are a new user. Finally, I would like to see the winning and withdrawal limits increased sooner than later. Overall, LeoVegas is a solid and trusted alternative for sports betting. Feel free to give them a try.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY
Next Manchester United Manager Odds After Ten Hag’s Dismissal Featured Image

Erik Ten Hag was fired after the loss to West Ham during the weekend. Manchester United was already struggling this season, being 14th in the Premier ...

Read more »

UFC 308 Odds & Preview: Topuria vs Holloway Featured Image

One of the biggest UFC events of the year takes place on Saturday, October 26 at the Etihad Arena in Abu Dhabi. UFC 308, starting at 20.00 CET, featur...

Read more »

Megapari Nominated For The 2024 SBC Awards Featured Image

Megapari is up for two awards in the following SBC Awards: ‘Sportsbook Operator of the Year’ and ‘Casino Operator of the Year’...

Read more »

BC.Game Is The Official Sponsor Of Leicester City For 2024/25 Featured Image

The popular online crypto bookmaker BC.Game has announced that it has become the official partner of Leicester City. The partnership will go on for th...

Read more »

The Effect Of Euro 2024 On Sports Betting Service Providers Featured Image

It is no secret that huge international competitions like Euro 2024 substantially impact all sports betting providers. Besides the day-to-day operatio...

Read more »

How Mbappe’s Injury Affects All Euro 2024 Bets Featured Image

French superstar Kylian Mbappe suffered a broken nose after a collision with Austria’s Kevin Danso. He was later subbed off and was taken to the...

Read more »

Bookmakers With A Dedicated Euro 2024 Section Featured Image

This summer, 24 nations will battle in the 17th edition of the European Football Championship. Scheduled to take place in Germany, the competition is ...

Read more »

How Injuries Affect Euro 2024 Odds Featured Image

As the Euro 2024 approaches, fans are at the edge of their seats. However, as it happens with every major competition, several notable footballers hav...

Read more »

Lucas Paqueta Charged For Betting Breaches Featured Image

The Brazilian international Lucas Paqueta has been charged by the FA for the “improper purpose of affecting the betting market”. Paqueta, ...

Read more »

Tyson Fury vs Oleksandr Usyk Odds Featured Image

After a long wait, the boxing world is finally on the verge of crowing the first undisputed heavyweight champion since 1999, when Lennox Lewis took do...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner