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LeoVegas completes Expekt acquisition, relaunches brand in Nordics

LeoVegas completes Expekt acquisition, relaunches brand in Nordics
20th May 2021
| By Robert Fletcher
Online gaming operator LeoVegas has completed its acquisition of Expekt and set out plans to relaunch the sports betting brand in the Nordics region.
LeoVegas in March agreed a deal to purchase Expekt for €5.0m (£4.3m/$6.1m), in order to strengthen its brand portfolio in the sports betting sector, as well as expand its strategic growth opportunities within this segment.
Upon completing the acquisition, LeoVegas will now relaunch the new-look Expekt brand in markets across the Nordics, beginning with Sweden.
In connection with this, Expekt has been migrated to Rhino, LeoVegas’ proprietary technical platform (PAM). Following the migration of Royal Panda earlier in May, this means that all LeoVegas brands now run on the same technical platform. ....

New Jersey , United States , Gustaf Hagman , Division Of Gaming Enforcement , Caesars Entertainment , Royal Panda , Gaming Enforcement , புதியது ஜெர்சி , ஒன்றுபட்டது மாநிலங்களில் , குஸ்டாஃப் ஹக்மேன் , பிரிவு ஆஃப் கேமிங் அமலாக்கம் , சீசர்கள் பொழுதுபோக்கு , அரச பாண்டா , கேமிங் அமலாக்கம் ,

Expekt being launched anew to offer the Nordic region's ultimate gaming experience

STOCKHOLM, May 19, 2021 /PRNewswire/ In connection with LeoVegas' completion of the acquisition of Expekt, one of northern Europe's strongest sports betting brands in Sweden is being launched ....

Philip Doftvik , Kostenloser Wertpapierhandel , Gustaf Hagman , Expekt Pressbild , Leovegas Mobile Gaming Group , Leovega Group , Expekt Nordics Ltd , Betclic Group , Royal Panda , Investor Relations , Live Casino , குஸ்டாஃப் ஹக்மேன் , அரச பாண்டா , முதலீட்டாளர் உறவுகள் , வாழ கேசினோ ,

Expekt being launched anew to offer the Nordic region´s ultimate gaming experience

/PRNewswire/ In connection with LeoVegas completion of the acquisition of Expekt, one of northern Europe s strongest sports betting brands in Sweden is. ....

Philip Doftvik , Gustaf Hagman , Leovegas Mobile Gaming Group , Leovega Group , Expekt Nordics Ltd , Betclic Group , Royal Panda , Investor Relations , Live Casino , Vegas Mobile Gaming , குஸ்டாஃப் ஹக்மேன் , அரச பாண்டா , முதலீட்டாளர் உறவுகள் , வாழ கேசினோ , வேகாஸ் கைபேசி கேமிங் ,

LeoVegas AB Q1: Quarterly report 1 January - 31 March 2021

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rts
First quarter 2021: 1 January–31 March
Revenue increased by 8% to EUR 96.7 m (89.4). Organic growth in local currencies was 8%.
Organic growth when excluding Germany was 19%.
Adjusted EBITDA was EUR 10.9 m (9.0), corresponding to an adjusted EBITDA margin of 11.3% (10.0%). Reported EBITDA was EUR 10.4 m (9.0).
The number of depositing customers was 462,386 (413,269), an increase of 12%.
Adjusted earnings per share were EUR 0.07 (0.06).
Events during the quarter
LeoVegas acquired Expekt from Betclic Group for a total purchase price of EUR 5 m. Expekt is one of the most well-known sports betting brands in Sweden and the Nordic markets, and strengthens LeoVegas brand portfolio ahead of the intensive sport event years in 2021 and 2022. The acquisition of Expekt is expected to be completed in May 2021. ....

United States , United Kingdom , Philip Doftvik , Gustaf Hagman , Stefan Nelson , Leovegas Mobile Gaming Group , Betclic Group , Swedish Gambling Authority , Excluding Germany , Royal Panda , Blue Guru Games , Swedish Gambling , Football Championship , Blue Guru , Abuse Regulation , Investor Relations , Corporate Finance , Live Casino , Vegas Mobile Gaming , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , குஸ்டாஃப் ஹக்மேன் , ஸ்டீபன் நெல்சன் , ஸ்விட்ச் சூதாட்டம் அதிகாரம் , அரச பாண்டா , ஸ்விட்ச் சூதாட்டம் ,

Regulated market success offsets German headwinds for LeoVegas

Regulated market success offsets German headwinds for LeoVegas
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May 6, 2021
LeoVegas has delivered a strong start to 2021 despite acknowledging headwinds in the German sector related to updated regulatory requirements in the country, as well as encountering difficulties in the Nordics.
As part of its Q1 2021 report, it disclosed that casino accounted for 74% and live casino 17% of the group’s Gross Gaming Revenue (GGR), while sportsbook is now back at the same level as before the global pandemic started (9% share).
Group revenue increased 8% to €96.7 million, but it was noted that if Germany had been excluded, a revenue increase of 19% would have been recorded. ....

Gustaf Hagman , Swedish Gambling Authority , Gross Gaming Revenue , Gaming Revenue , Net Gaming Revenue , Group President , Royal Panda , Blue Guru Games , குஸ்டாஃப் ஹக்மேன் , ஸ்விட்ச் சூதாட்டம் அதிகாரம் , மொத்த கேமிங் வருவாய் , கேமிங் வருவாய் , நிகர கேமிங் வருவாய் , குழு ப்ரெஸிடெஂட் , அரச பாண்டா ,