Meanwhile, adjusted EBITDA reached €9 million ($9.3 million) and the gross profit for the second quarter reached €65.2 million ($67.4 million), which corresponds to a gross margin of 66.6%.
The NGR from regulated markets and markets where the group pays taxes was 79% of the total NGR. The Net Gaming Revenue (NGR) of the group was €95.7 million ($98.9 million). The revenue is also slightly lower than the revenue in Q1.ĭeposits totaled €319.6 million ($330.3 million), which is a 5% YoY increase. The Number of Depositing Customers at LeoVegas DecreasedĮven though the revenue recorded a slight increase, the report shows that the number of depositing customers was 442,647, which represents a 4% decrease to 460,697 in the same period in 2021. Local currency organic growth was also up 1% and excluding the Netherlands, the group’s revenue increased by 9%. LeoVegas Group released its Q2 report in 2022 and the results state that the revenue had a 1% YoY increase as it reached €97.9 million ($101.1 million).
