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Key financial indicators for the quarter ending September 30th, 2017 were:
The company also revealed that they're purchasing Royal Panda for €60 million, with a further €60 million possible if certain conditions are met. The purchase is expected to be completed by the end of December.
Speaking about the deal LeoVegas CEO Gustaf Hagman said, "After the end of the quarter we carried out a strategic acquisition. During the past two years we have combed the gaming market in search of companies that fit in with our overall expansion strategy, which is to grow in regulated markets and markets that will soon become regulated. We made our first acquisition earlier this year, of Winga in the Italian market. We are now taking the next step with our acquisition of Royal Panda, which is a great fit with our strategy to establish a strong presence in the UK - plus they have a great brand!"