LeoVegas reported a revenue decrease of 3.5% to €95.0m ($101.8m) during the first quarter of the year.
The quarter saw LeoVegas secure a new gaming licence in Germany and sell its 25% share in online gambling company BeyondPlay to Bettor Capital for €1.9m.
Since the quarter ended, LeoVegas has been involved in two major deals – its acquisition of Push Gaming and the finalisation of MGM’s bid to purchase the company.
LeoVegas said that gross gaming revenue fell by 3% yearly in the Nordic countries, compared to 17% in its Rest of Europe segment. Comparatively, in the Rest of World region, gross gaming revenue fell by 28%.