Im Sternenrausch mit Leovegas

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During the second quarter we launched our new front-end platform, which was necessary to support our continued rapid growth and uphold our market leadership in products.

One of many advantages is the improvements in search engine optimisation SEO. The value of improved SEO is that customers find their way directly to Leovegas.

During the third quarter we already saw an increase and improvement in organic traffic to LeoVegas. It is very gratifying to see a positive effect in such a short time.

Over time this will make us less dependent on external market channels, which in turn will lead to growth with higher profitability.

NGR from locally regulated markets accounted for This is in line with our expansion strategy to grow in locally regulated markets and markets that are expected to become regulated.

Sweden is one of our core markets, and we are approaching the 1st of January, at which time the market will become regulated after many years of anticipation.

We look forward to a fruitful cooperation with the Swedish Gambling Authority, with which we filed our licence application in August.

We are highly confident that Sweden's new regulation structure, under which all active operators will work according to the same rules, will lead to a sound gaming market with a high level of channelisation in which the focus is on the customer experience and responsible gaming.

In Sweden we have had a need in recent quarters to update our product to meet the ever-fierce competition. During the third quarter we launched a log-in and registration process via BankID e-identification and immediate payouts.

This was implemented though direct integration with BankID and not via a third-party solution. This reduces the number of clicks and improves the customer experience.

With these improvements we believe that we continue to offer Sweden's best customer experience in mobile casino along with the broadest offering.

Naturally, our absolute ambition is to uphold our position as the most well-known and most highly appreciated casino brand in the Swedish market following regulation of the market.

Moreover, we have many exciting campaigns left to carry out before year-end. One such initiative highlights our new ambassador, Hollywood star Dolph Lundgren , who we will be seeing a lot of in the media.

This, along with LeoVegas being the most well-known and appreciated online casino brand gives us a very strong position ahead of regulation!

The UK market is presently challenging, but as the fourth quarter gets under way, we have begun to see a return to positive trends for the group and have thus found a new level to grow from.

This is a result of the enormous work we have done in compliance. Having an open dialogue with a cooperative regulator is important for creating a good business climate with the shared goal to create a sound and sustainable gaming market.

The adjustments we have made to how we conduct business have been necessary in order for us to deliver sustainable and strong growth over the long term.

The operators that maintain high standards of compliance with the customer in focus will have a very strong position going forward in the UK, but in other jurisdictions as well, since more and more countries are regulating their markets, and knowledge is thereby being built up about compliance in regulated markets.

The work on automating and streamlining these processes has already begun. As a result of the transition that is taking place in the UK, the general player value has dropped to a lower level, but the customer acquisition cost offered by certain marketing partners has not yet decreased to a corresponding degree.

Historically, however, customer acquisition costs have always become aligned with the new conditions created by market changes.

In addition to Sweden and the UK, which today are our largest markets, we have what we call our "scale-up markets".

These include Canada , Denmark , Germany and Italy , among others. We are investing heavily in these markets and see that our KPIs are pointing in the right direction.

These brands are active only in the UK market, and player value has therefore been hit extra hard in the short term by the increased compliance requirements.

However, we now see a very positive development of the customer base for these brands, which we expect will contribute to renewed growth from the current revenue level.

There are many growth-driving initiatives for the UK market. Among others, we launched the BetUK brand with sports betting as the main focus, with very good initial results.

In addition, after the end of the quarter, the bingo brand legs Royal Panda derives nearly half of its revenue from the UK and has also been affected by the increased regulatory requirements.

In other markets we see a considerably stronger growth trend. The earn-out period for Royal Panda ends on 1 December, and integration of Royal Panda has entered a more intensive phase.

The earn-out payment is now expected to be lower than we had previously anticipated, which is coupled to the weaker performance in the UK during the earn-out measurement period.

Our revised assessment is that it will end up at around EUR 30 m , which will be paid out early next year. The third quarter was yet another eventful period for LeoVentures.

During the quarter our subsidiary Authentic Gaming signed an agreement with Aspers, the UK's largest land-based casino, to provide its roulette games via live streaming from Aspers' prestigious casino in London.

During the quarter LeoVentures also invested in the esports betting operator pixel. The ambition over time is to position itself as the leading brand in esports community.

Important within esports are Twitch streaming and streamers as influencers, which closely ties to LeoVentures investment in the CasinoGrounds streaming community, which is developing very well.

These targets are obviously more challenging today than when we communicated them this past spring, but we see good opportunities to reach them. Among other things, we still have a very strong position in the UK, with several compelling brands, and we have good opportunities to begin growing again sequentially following the recent quarters' focus on compliance.

We expect to be able to grow our market share in Sweden following the market's regulation, as the overall customer experience and responsible gaming aspect will grow in significance.

At the same time we have a number of markets in which we are now gaining a bigger presence and growing strongly in — all with potential over time to be LeoVegas' largest market.

Our expansion plan remains ambitious, and we are looking at a number of new markets in which to expend in the coming years.

We are not ruling out new acquisitions as long as they fit with the Group's strategic agenda. At LeoVegas we are working hard to ensure our long-term sustainable growth and continue building the leading Gametech company.

The UK has had a significant impact on our figures for the third quarter as well as for the month of October while most of our other core markets continue to show solid growth.

Historically, performance during the fourth quarter has been stronger toward the end of the period, as December is typically the month with the highest level of customer activity.

I am convinced that the growth initiatives we have begun, and our renewed casino focus will take us back to the strong growth we have historically had.

They give us good opportunities to create long-term sustainable value for our shareholders. To participate in the conference call, and thereby be able to ask questions, please call one of the following numbers: The information was submitted for publication, through the agency of the contact person set out below, at LeoVegas' passion is "Leading the way into the mobile future".

LeoVegas is Sweden's premier GameTech company and is at the forefront of using state-of-the-art technology for mobile gaming.

A large part of this success can be credited to an extreme product and technology focus coupled with effective and data-driven marketing.

Technology development is conducted in Sweden , while operations are based in Malta. The company's shares are listed on Nasdaq Stockholm.

For more about LeoVegas, visit www. Bitte melden Sie sich an, um zu kommentieren. Abonnieren auch Sie unseren kostenlosen Nachrichten-Newsletter und verpassen Sie nichts mehr aus der wallstreet: Die wichtigsten Themen der Woche!

Aurora Cannabis Aktie LeoVegas AB Third quarter: Earnings per share before and after dilution were EUR 0.

Log-in and registration via BankID e-identification and immediate payouts. Events after the end of the quarter LeoVegas is Sweden's most well-known and most appreciated brand in online casino according to several brand surveys conducted by Mantab Global.

Launch of the legs Comment from Gustaf Hagman - Group CEO and co-founder The third quarter was a quarter of transition for LeoVegas as a Group, during which we have focused on compliance measures, completion of platform development projects and other long-term investments to enable the next major steps in the Company's development.

At the forefront in sustainability and compliance As we communicated in our report on the second quarter, we have seen a rise in external requirements on operators for responsible gaming and compliance.

Development during the quarter Revenue totalled EUR Focus on casino and the customer experience LeoVegas has since start focusing being "No 1 in mobile" and have a unique strength as a casino brand.

Naturally, our absolute ambition is to uphold our position as the most well-known and most highly appreciated casino brand in the Swedish market following regulation of the market.

Moreover, we have many exciting campaigns left to carry out before year-end. One such initiative highlights our new ambassador, Hollywood star Dolph Lundgren , who we will be seeing a lot of in the media.

This, along with LeoVegas being the most well-known and appreciated online casino brand gives us a very strong position ahead of regulation!

The UK market is presently challenging, but as the fourth quarter gets under way, we have begun to see a return to positive trends for the group and have thus found a new level to grow from.

This is a result of the enormous work we have done in compliance. Having an open dialogue with a cooperative regulator is important for creating a good business climate with the shared goal to create a sound and sustainable gaming market.

The adjustments we have made to how we conduct business have been necessary in order for us to deliver sustainable and strong growth over the long term.

The operators that maintain high standards of compliance with the customer in focus will have a very strong position going forward in the UK, but in other jurisdictions as well, since more and more countries are regulating their markets, and knowledge is thereby being built up about compliance in regulated markets.

The work on automating and streamlining these processes has already begun. As a result of the transition that is taking place in the UK, the general player value has dropped to a lower level, but the customer acquisition cost offered by certain marketing partners has not yet decreased to a corresponding degree.

Historically, however, customer acquisition costs have always become aligned with the new conditions created by market changes.

In addition to Sweden and the UK, which today are our largest markets, we have what we call our "scale-up markets". These include Canada , Denmark , Germany and Italy , among others.

We are investing heavily in these markets and see that our KPIs are pointing in the right direction. These brands are active only in the UK market, and player value has therefore been hit extra hard in the short term by the increased compliance requirements.

However, we now see a very positive development of the customer base for these brands, which we expect will contribute to renewed growth from the current revenue level.

There are many growth-driving initiatives for the UK market. Among others, we launched the BetUK brand with sports betting as the main focus, with very good initial results.

In addition, after the end of the quarter, the bingo brand legs Royal Panda derives nearly half of its revenue from the UK and has also been affected by the increased regulatory requirements.

In other markets we see a considerably stronger growth trend. The earn-out period for Royal Panda ends on 1 December, and integration of Royal Panda has entered a more intensive phase.

The earn-out payment is now expected to be lower than we had previously anticipated, which is coupled to the weaker performance in the UK during the earn-out measurement period.

Our revised assessment is that it will end up at around EUR 30 m , which will be paid out early next year. The third quarter was yet another eventful period for LeoVentures.

During the quarter our subsidiary Authentic Gaming signed an agreement with Aspers, the UK's largest land-based casino, to provide its roulette games via live streaming from Aspers' prestigious casino in London.

During the quarter LeoVentures also invested in the esports betting operator pixel. The ambition over time is to position itself as the leading brand in esports community.

Important within esports are Twitch streaming and streamers as influencers, which closely ties to LeoVentures investment in the CasinoGrounds streaming community, which is developing very well.

These targets are obviously more challenging today than when we communicated them this past spring, but we see good opportunities to reach them.

Among other things, we still have a very strong position in the UK, with several compelling brands, and we have good opportunities to begin growing again sequentially following the recent quarters' focus on compliance.

We expect to be able to grow our market share in Sweden following the market's regulation, as the overall customer experience and responsible gaming aspect will grow in significance.

Our expansion plan remains ambitious, and we are looking at a number of new markets in which to expend in the coming years. We are not ruling out new acquisitions as long as they fit with the Group's strategic agenda.

At LeoVegas we are working hard to ensure our long-term sustainable growth and continue building the leading Gametech company.

The UK has had a significant impact on our figures for the third quarter as well as for the month of October while most of our other core markets continue to show solid growth.

Historically, performance during the fourth quarter has been stronger toward the end of the period, as December is typically the month with the highest level of customer activity.

I am convinced that the growth initiatives we have begun, and our renewed casino focus will take us back to the strong growth we have historically had.

They give us good opportunities to create long-term sustainable value for our shareholders. To participate in the conference call, and thereby be able to ask questions, please call one of the following numbers: The information was submitted for publication, through the agency of the contact person set out below, at LeoVegas' passion is "Leading the way into the mobile future".

A large part of this success can be credited to an extreme product and technology focus coupled with effective and data-driven marketing.

Technology development is conducted in Sweden , while operations are based in Malta. The company's shares are listed on Nasdaq Stockholm.

For more about LeoVegas, visit www. This information was brought to you by Cision http: LeoVentures invests in esports bet Authentic Gaming is granted licenc LeoVegas applies for gambling licence in Sweden Investegate Invitation to presentation of LeoV Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen.

Alle Nachrichten, die dieses Unternehmen betreffen. Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden.

Das Beste aus zwei Welten: Aktien in diesem Artikel. Aktien in diesem Artikel anzeigen. Nachrichten zu LeoVegas AB. LeoVegas applies for gambling licence in Sweden Investegate.

Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen Alle: Die wichtigsten News von finanzen. Das Gute liegt oft so nah.

Heimische Internet-Unternehmen rollen den Markt auf. Erholung der Wirecard-Aktie geht weiter nach positiver Studie.

Einsparungen verhelfen Bank Monte Paschi zu Gewinn. Audi erleidet auch im Oktober Absatzschlappe. Marke VW setzt im Oktober weniger ab.

Aktien von Telecom Italia geraten wegen Abschreibung unter Druck. Diese Themen waren diese Woche wichtig Hiobsbotschaft verschreckt Aktionäre Die 5 beliebtesten Top-Rankings.

Verlust von mehr als 6 Prozent. Verlust zwischen 1 und 6 Prozent. Zwischen 1 Prozent Verlust und 1 Prozent Gewinn. Gewinn zwischen 1 und 6 Prozent.

Im Sternenrausch mit Leovegas -

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