Latest News
LeoVegas AB Q2: Quarterly report 1 April – 30 June 2021
“All-time-high in Sweden and a strong start for Expekt” – Gustaf Hagman, Group CEO
SECOND QUARTER 2021: 1 APRIL – 30 JUNE
- Revenue decreased by 13% to EUR 96.8 m (110.7).
- Excluding Germany, growth was positive 3%.
- Adjusted EBITDA was EUR 10.6 m (23.0), corresponding to a margin of 10.9% (20.8%). Reported EBITDA was EUR 9.8 m (23.0).
- The number of depositing customers was 460,697 (434,453), an increase of 6%.
- Adjusted earnings per share were EUR 0.06 (0.19).
EVENTS DURING THE QUARTER
- The acquisition of Expekt was completed and integrated on 19 May 2021. The start has been a success, and Expekt’s revenue and market share have nearly doubled in Sweden since the acquisition was carried out.
- LeoVegas’ forthcoming expansion to the USA, starting in the state of New Jersey, is on track.
- LeoVegas carried out share repurchases for EUR 4.9 m and paid out of the first out of four quarterly dividends to the Parent Company’s shareholders. The second quarterly dividend payment was made after the end of the period.
- LeoVegas’ framework and routines for ensuring responsible gaming have been assessed by the independent agency eCOGRA. The external assessment shows that LeoVegas is in conformity with all relevant recommendations and requirements for responsible gaming published by the European commission.
EVENTS AFTER THE END OF THE QUARTER
- Preliminary revenue in July amounted to EUR 32.8 m (30.7), corresponding to growth of 7%. Excluding Germany, revenue grew 23%.
COMMENT FROM GUSTAF HAGMAN – GROUP CEO
SECOND QUARTER
Most of our markets have continued to develop well, with high, double-digit growth in key markets like Italy and Spain. The development in Sweden is encouraging, with record-high revenue during the quarter. We are also growing rapidly in North America, which now accounts for 10% of consolidated revenue. However, re-regulation in Germany continued to negatively impact figures during the period. Excluding Germany, Group revenue increased by 3% to a new record level despite tough comparison figures from the start of the pandemic during the second quarter of 2020 and greater competition from other entertainment activities as societies are now opening up again. We expect to see positive growth for the Group on a yearly basis during the third quarter.
Our operating profit decreased compared with the same period a year ago, while we achieved stable earnings compared with the preceding quarter. This is despite a high level of investments and a number of important, strategic ventures, including our forthcoming launch in the USA, a stronger focus on sports with the acquisition of Expekt, and our new game studio. Marketing costs in relation to revenue were higher than the historic average, coupled among other things to the relaunch of Expekt and investments in a number of key markets in which we see high customer growth. Investments in marketing during the quarter weighed down earnings short-term but are driving value long-term and will also enable us to accelerate out of the revenue drop in Germany. As revenues increase, the share of marketing investment will decrease. At the same time, we have maintained good cost control, and our operating expenses have more or less been unchanged over the last three-year period.
THE NEW EXPEKT
In mid-May we consolidated the acquisition of Expekt, and shortly thereafter “the New Expekt” was launched with a large and attention-grabbing marketing campaign ahead of the Euro 2020 football championship. It was a successful start, and in a short time we nearly doubled Expekt’s revenue and market share in Sweden since completion of the acquisition.
GERMANY
The situation in Germany coupled to re-regulation, with strict product limitations, an extremely high gaming tax and a skewed competitive situation, is having a negative effect on the Group. Revenue in Germany decreased by 81% compared with a year ago and accounted for only 4% of Group revenue during the quarter. We believe it will take time to create a balanced and fair market climate and have therefore chosen to shift our investments to other, more profitable markets. Over the long term we still believe that Germany, with Europe’s largest population, offers great opportunities for the Group.
NORTH AMERICA
Our forthcoming expansion to the USA, starting with the state of New Jersey, is on track. We are currently working on adapting and certifying our technical platform, and during the autumn we will also begin establishing a local organisation. We expect to accept our first American customers during the first half of 2022.
The Canadian province of Ontario, which is home to roughly 40% of Canada’s population, is conducting preparations to introduce a local licence system for online gaming. LeoVegas has built up a strong brand along with a large and loyal customer base in Ontario and the rest of Canada, among other things with help from former hockey legend Mats Sundin. According to our assessment LeoVegas is one of the larger and most well-known casino actors in the Canadian market.
During the second quarter, North America accounted for 10% of the Group’s total revenue and grew 33%. In pace with our continued expansion in Canada and forthcoming launch in the USA, revenue from North America will increase. This is in line with the Group’s strategy to diversify our revenues.
COMMENTS ON THE THIRD QUARTER
Revenue for the month of July amounted to EUR 32.8 m (30.7), corresponding to positive growth of 7%. Adjusted for Germany, the Group’s growth in July was 23%.
Powered by WPeMatico
Latest News
Request Network Releases Major Updates Bringing Crypto Payments With Wallet Screening To The iGaming Industry
Zug, Switzerland, June 1st, 2026, PlayNewswire
Request Network allows any actor to reach 95% of the global stablecoin supply through a single integration, with built-in wallet screening powered by Hypernative.
Today, Request Network, a major Web3 payment protocol since 2017, announced new features that the iGaming sector has needed for a long time. iGaming was the first to embrace crypto payments at scale, and yet the sector could not rely on decentralized technology at scale. It relied on multiple crypto processors with limited reach, with friction on all flows, and counterparty risks due to the funds’ custody.
Today, Request Network is launching a set of technologies that breaks this pattern.
Reaching 95% of the global stablecoin supply
iGaming operators need to accept crypto deposits from any player globally, but players’ holdings are fragmented across chains and tokens. Accepting any token meant setting up and managing wallets on every chain, or delegating to payment service providers, leaving the players captive to those providers.
Operators now have the ability to own only one wallet and collect globally with one integration. Thanks to Request Network’s decentralized, permissionless, and cross-chain technologies, players can now pay with whatever they own, while the operators receive what they want on the chain they choose. Neither side needs to know which chain the other side is using.
With Request Network, operators now reach 95% of the global stablecoin supply and active users through a single integration, across seven chains (Ethereum, BNB, Tron, Base, Polygon, Arbitrum and Optimism).
One-click secure deposits for the players
iGaming players just want to deposit and play. But paying in crypto usually meant bridging, swapping and holding gas before executing a deposit, and sometimes even running penny tests to make sure the address was correct. The process is intimidating, creating friction and ultimately causing drop-offs.
Request Network provides the players with a decentralized secure payment page, where they can just choose the chain and token they want to pay with in a single gasless transaction, where bridging and swapping happen behind the scenes.
Additionally, this decentralized page is equipped with security features protecting payers from interacting with malicious smart contracts.
The result is an intuitive and secure one-click deposit experience with one of the highest completion rates in crypto.
Wallet screening on deposits to protect the recipients
iGaming operators accepting crypto are exposed to asset freezing and wallet blacklisting. Most screenings happen after the transaction, only flagging the risk once the funds have reached the operator’s wallets, exposing them to long legal procedures to release the frozen funds.
To mitigate that, Request Network allows the recipient to screen the sending wallet before the funds move. The protocol connects natively with Hypernative, which provides market-standard policies to identify and restrict high-risk funds from reaching the recipient. The player will only be able to deposit funds if their wallet complies with the screening policy in place.
If a recipient needs to defend the provenance of its funds, Request Network allows the recipient to store all the screening results for later use.
The result is that operators can now confidently accept funds from on-chain wallets, reducing the risk of frozen assets and better protecting their operations.
Built for the long run, governed by a foundation
iGaming operators, white label providers and PSPs today have two options to accept and disburse crypto payments at scale, and neither is perfect. The first relied on a globally fragmented crypto processing market, with multiple integrations to maintain, whereas the second one relied on larger providers, with changing risk appetites and regulatory coverage; both options carried important continuity risks.
By being decentralized, permissionless and accessible to anyone, Request Network is becoming the only integration you’ll need to collect or disburse stablecoins globally. The protocol has been developed by a community-owned Swiss foundation since 2017 and funded through its REQ token, providing it with neutrality and resilience.
The result is a single crypto acceptance technology that can be relied upon across geographies, while offering the most competitive costs on the market.
Tristan Wallaert, CEO of the Request Network Foundation, said: “Crypto was supposed to replace traditional payment methods, but the reality is that a few components were missing to make it a reality. It was still too complex, with too many risks on both sides for money to move freely as intended.At Request Network, we went back to the drawing board to redefine what crypto payments should look like: something simple, scalable, reliable and safe. We now believe that crypto is ready for a fresh start.
“Gal Sagie, CEO and Co-Founder, Hypernative, said: “iGaming was one of the earliest and most natural fits for crypto payments, and yet the compliance infrastructure needed to make it work at scale has lagged. What Request Network has built here closes a real gap. Pre-transaction wallet screening means operators can accept funds with confidence, not just optimism. That’s the kind of security layer that turns promise into a functioning market.”
About Request Network
Since 2017, Request Network has developed, educated about, and promoted the use of a set of open-source, decentralized and permissionless protocols that provide infrastructure for on-chain payments and related financial flows;
Request Network allows anyone to send and receive crypto at scale, across chains, without custodial intermediaries. The protocol is developed by a community-funded foundation, whose mission is to make crypto payments accessible while protecting its actors.
To date, more than $2 billion has moved thanks to Request Network technology.
About Hypernative
Hypernative is a real-time monitoring, risk detection, and automated response solution securing Web3 iGaming platforms and in-game digital assets. The platform accurately identifies threats like NFT exploits, in-game currency manipulation, account takeovers, and vulnerabilities in smart contracts governing game economies, providing valuable time to respond and protect players’ assets and the integrity of the iGaming ecosystem.
Over 300 clients rely on Hypernative’s real-time enterprise-grade platform to monitor over $100B worth of digital assets across more than 70 chains. By tracking onchain data and employing advanced detection methods, Hypernative enables real-time monitoring of in-game transactions, anomaly detection for unusual asset movements, and automated responses to mitigate risks and ensure a fair and secure iGaming experience.
Request Network Foundation
Tristan Wallaert , CEO
Hypernative
Gal Sagie, CEO & Co-Founder
Contact
CEO
Tristan Wallaert
Request Network Foundation
Latest News
Atlaslive Integrates Altenar Sportsbook to Expand Platform Capabilities for Operators
The B2B iGaming platform provider adds an award-winning sportsbook solution to its technology ecosystem, giving operators more flexibility ahead of the 2026 FIFA World Cup.
Atlaslive announces the integration of Altenar’s fully managed sportsbook into its platform ecosystem. The partnership brings one of the industry’s most established sportsbook providers into Atlaslive’s technology stack, expanding the range of sportsbook configurations available to operators across the LATAM region.
Altenar is an award-winning sportsbook provider operating across more than 50 regulated jurisdictions, with licences from the UKGC, MGA, AGCO, and other major regulators. Most recently, the company was named Best Online Sportsbook Provider at the SiGMA South America Awards 2026 in São Paulo—building on its Sportsbook Supplier of the Year recognition at the SBC Awards Latinoamérica 2024.
The integration gives Atlaslive powered operators the option to deploy Altenar’s sportsbook technology alongside Atlaslive’s existing platform infrastructure. Operators can select the sportsbook configuration that best matches their market positioning, regulatory requirements, and player acquisition strategy, rather than being limited to a single-stack approach.
The timing is deliberate. With the 2026 FIFA World Cup approaching, demand for high-performance, scalable sportsbook solutions is set to peak. For operators, the tournament window is one of the highest-traffic periods in the sports betting cycle, and the ability to choose a battle-tested sportsbook within a familiar platform environment reduces both technical risk and time to market.
“Giving operators real choice in how they build their sportsbook is a competitive advantage—for them and for us. Altenar’s track record across regulated markets and their depth in risk management and trading make them the right partner to start with,” said Volodymyr Taftai, Country Director for Brazil, Atlaslive. “We’re expanding our platform into a multi-sportsbook ecosystem because that’s what operators in today’s market need: flexibility without compromise on quality.”
Frederico Caputi, Senior Sales Manager at Altenar, added: “We are pleased to partner with Atlaslive to bring our sportsbook technology to their operator network. This integration allows us to reach new markets through a platform built for scale, while giving operators access to our fully managed sportsbook product, including live betting, risk management, and a deep sports content offering.”
Atlaslive provides a proprietary iGaming platform built to optimize the operations of sportsbook and casino businesses. The company is built around long-term operator partnerships, product-led growth, and full-stack platform delivery.
iGaming
Inspired rolls out five soccer-themed iGaming slots across North America, UK and Malta
Inspired Entertainment, Inc. (NASDAQ: INSE) has launched five new soccer-themed iGaming slot titles across regulated jurisdictions in North America, plus the UK and Malta iGaming markets.
The releases are Bigger Piggy Bank Soccer
, Cops ’n Robbers Bigger Big Money Soccer
, Wolf It Up! Again Soccer
, Kong It Up! Large Soccer
and World Soccer Grand Chance
. The company said the lineup adapts established game brands with soccer-themed visuals and feature sets aimed at the international soccer season.
Bigger Piggy Bank Soccer
features Cash Bank
and is positioned as a soccer-themed version of Bigger Piggy Bank
, including its bonus wheel and “growing Piggy Bank” mechanic. Cops ’n Robbers Bigger Big Money Soccer
reworks the original’s theme while retaining modifiers, a progressive Free Spins trail, and cash collection features, according to Inspired.
Wolf It Up! Again Soccer
and Kong It Up! Large Soccer
also feature Cash Bank
, adding soccer-themed symbols, bonus wheel elements, and enhanced Free Spins opportunities, the supplier said. The fifth title, World Soccer Grand Chance
, is described as a soccer reimagining of Golden Winner Grand Chance
, combining collector mechanics, reel modifiers, volatility choice, and progressive-style rewards.
Claire Osborne, Managing Director of Interactive at Inspired Entertainment, said: “Soccer has an incredible ability to bring energy, excitement, and entertainment to audiences around the world, and we wanted to capture that spirit across some of our most successful game brands. Each of these titles combines themes players instantly recognise with proven mechanics including the much-loved Cash Bank, alongside engaging feature sets that we know resonate strongly across multiple markets. We’re excited to give operators a fun and timely content lineup that can help drive engagement throughout the international soccer season and beyond.”
The post Inspired rolls out five soccer-themed iGaming slots across North America, UK and Malta appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
-
Brasil4 days agoPara Sportradar, Copa do Mundo 2026 deve redefinir estratégias de aquisição e engajamento nas apostas esportivas
-
content-supplier7 days agoPragmatic Play adds football theme to Big Bass series with new slot
-
content distribution7 days agoPeter & Sons signs slots deal with Tivoli Casino in Denmark
-
Compliance Updates6 days agoExpanse Studios Secures Colombia Market Certification
-
Asia6 days agoPlayson Secures Approval from PAGCOR for Game Distribution in Philippines
-
Blueprint Gaming5 days agoBlueprint Gaming announces The Goonies Quest for Treasure 3 slot
-
Africa5 days agoBede Gaming’s Latest Sunbet Expansion Delivers iGaming Platform to Namibia
-
Booming Games5 days agoBooming Games launches Way of the Wolf: Hold and Win Extreme 10,000 slot



