Tag Archives: Expect

MGM takeover provides US hope for LeoVegas amid European Q2 difficulties

Gustaf Hagman, LeoVegas CEO

As LeoVegas’ takeover by US betting giant MGM looms, the firm has encountered tricky business during the second quarter of the year, primarily in Europe. The Swedish gambling group reported a group-wide revenue increase of 1% to €98m (2021: €96m) in its Q2 2022 trading report, alongside adjusted EBITDA of €9m (€10.6m) – a margin of 9.2% and decline of …

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