LeoVegas gets excited about Danish prospects

LeoVegas

Stockholm Nasdaq-listed LeoVegas Group (LeoVegas) has this week launched its mobile-centric igaming services for the regulated market of Denmark.

The European igaming operator had previously secured a Danish online gambling license having met the remote gambling standard of the Danish Gambling Authority.

Announcing its first stage launch within the Danish online gambling, LeoVegas governance stated that it was excited to be entering the estimated DKK 4.6 billion market (figure reported by  H2 Gaming Capital).

Gustaf Hagman, LeoVegas Group CEO commented on the launch; “I see Denmark as yet another step in our continued expansion. Denmark is another market in which we will use our mobile position to offer the greatest gaming experience and be number one in mobile gaming.”

Since listing on the Stockholm Nasdaq in March, LeoVegas governance has detailed to investors that it will focus its expansion strategy within regulated European markets.

LeoVegas has committed to the Danish market by forming a localized team to help grow its brand and services. The operator further detailed that following its initial growth it would move to gradually increase its marketing coverage within Denmark

Check Also

UKGC forms three groups to address safer gambling standards

The UK Gambling Commission (UKGC) has confirmed that it will create three new focus groups …

Nick Bannister named as new chairman of Haydock Racecourse

The Jockey Club has named Nick Bannister as the new chairman of Haydock Racecourse, beginning …

‘More needs to be done’ to future-proof the regulation of football betting, says Tracey Crouch

Former Minister for Sport and Civil Society (DCMS), Tracey Crouch, has weighed in on the …