This story was published more than 1 year ago.
Leading online betting operator LeoVegas has announced their 2019 full-year financials, noting that profits for the period dropped severely.
Key financial indicators for the year ending December 31st, 2019 were:
Commenting on the results LeoVegas CEO Gustaf Hagman said, "During 2019 we worked hard to reduce complexity in the group, be more efficient and adapt to the changes taking place in the gaming industry.
"In parallel with this we have enhanced the attraction of our product through new functionality and greater personalisation. We have launched new brands, focused more on Casino, and expanded to new markets.
"Towards the end of the year we intensified the integration of our previous acquisitions, which is expected to contribute to cost savings and increased economies of scale."
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