Tag Archives: Gustav Hagman

EL calls for peace in Ukraine as LeoVegas ceases bets on Russian sports

SBC News EL calls for peace in Ukraine as LeoVegas ceases bets on Russian sports

The Russian invasion of Ukraine is now in its ninth day, and criticism from a range of political arenas and economic areas has continued to mount, including the betting space. Issuing a statement today, the European Lotteries and Toto Association (EL) criticised the invasion and called for peace, whilst LeoVegas has become one of the latest businesses to limit its …

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LeoVegas performance in key markets offsets regulatory hurdles

SBC News LeoVegas performance in key markets offsets regulatory hurdles

Successes in Italy, Sweden, Spain and Canada have helped LeoVegas to navigate a difficult year, with German and Dutch regulatory changes in particular posing major challenges. Updating stakeholders in its Q3 trading update, the Nasdaq-listed gambling group detailed that its total revenue had increased by 12% to €99.4 million (2020: €88.9m), while EBITDA stood at €11.5 million (2020: €11.9m) – …

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