LeoVegas is expanding rapidly - Be a part of it!2017-05-10 09:23:52
On the 25th January 2017, LeoVegas celebrated its fifth anniversary. The brand did so in style at its Malta premises. The company stated that their vision of creating the ultimate gaming experience has become reality. To reward its players for their part in the success, LeoVegas surprised its players with a gift on the day. Three months on, LeoVegas has further reason to celebrate.
In its interim report for quarter 1 of 2017 revenue amounted to a staggering €43.9 million. That is up some 49% on the €29.5 million LeoVegas generated in the same period the year before.
LeoVegas cited its successful launch in Denmark as one of the reasons for this increase. Given that Denmark alone generated 3% of the overall revenue in Q1, the launch is hailed a success. “The tremendous launch in Denmark shows the strength in LeoVegas when we deliver at our best: a combination of technological and product excellence combined with effective marketing that we quickly scale,” commented LeoVegas CEO Gustaf Hagman.
Yet, this does not suffice to fully explain LeoVeagas's impressive development. Throughout its 5 years in the gaming business, LeoVegas has made mobile its priority. The brand focussed its efforts on providing players both with an app and mobile-friendly website. This effort has paid off: LeoVegas reported that mobile deposits accounted for 67% of all deposits. Last year that figure stood at 61%.
While this is impressive, one growth figure stands out: 42%. The number of depositing customer has seen a 42% year-on-year increase. Today, some 172,338 users of LeoVegas are depositing customers.