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Read a statement from Hagman…“A growing number of operators without licences are actively targeting Swedish players including those who have been barred by the Spelpaus self-exclusion tool. Gustaf Hagman, Chief Executive Officer for LeoVegas AB, declared that his firm had furthermore suffered at the hands of ‘a troubling development in which the unlicensed market continues to grow unhindered’.Extensive portfolio:LeoVegas AB is responsible for a plethora of iGaming sites including RoyalPanda....

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4% even as the number of depositing customers increased by 26% to 438,691. These organisations have noted that the majority of those seeking help are playing with unlicensed operators.7 million) in cost savings next year as a result of its earlier optimization efforts and posted preliminary net revenues for October that were 27% higher year-on-year at around €33 million (....

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Detrimental factors:Despite all of these efforts, the operator proclaimed that its bottom line for the three-month period had been negatively impacted ‘by the temporary restrictions’ introduced to help Sweden stop the spread of the coronavirus pandemic.”Recent recovery:LeoVegas AB went on to announce that it is expecting to see approximately €1.co....