Tag Archives: Gustaf Hagman

LeoVegas adds Pixel.bet to fold via majority stake purchase

LeoVegas

The LeoVegas Group has purchased a 51 per cent stake in Pixel Holding Group Ltd, the organisation which runs the esports betting operator Pixel.bet. Making the acquisition through its LeoVentures Ltd wholly owned subsidiary, the investment amounts to a fee of €1.5m, with the firm stressing it’s aligned its vision with Pixel’s “to create the greatest gaming experience in betting …

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LeoVegas relaunches BetUK as a UK sportsbook property

Stockholm-listed online gambling group LeoVegas AB has confirmed that it will strengthen its UK sports betting proposition, adding new sportsbook provisions to its BetUK brand. Updating the market, LeoVegas governance outlines that it will relaunch BetUK as a sportsbook property, having recently secured the brand’s first sponsorship agreement with Championship football club Swansea AFC. Entering 2018, LeoVegas secured the BetUK …

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LeoVegas strengthens compliance efforts via new position

LeoVegas

Swedish online gambling group LeoVegas AB has announced a further strengthening of its compliance and legal efforts, with the creation of a new Chief Compliance and Legal Officer (CCLO) role within the firm’s core management group. Issuing a desire to enhance its focus on compliance “by providing training throughout the entire organisation and expanding the teams in these area,” LeoVegas …

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Responsible gambling key to LeoVegas’ bid for Swedish licence

LeoVegas Championship

Continuing its expansion strategy, LeoVegas has confirmed its submission for a new Swedish licence. The firm has outlined its looking to gain a licence that encompasses casino and sports betting in the country, which recently commenced an application process ahead of the restructuring of its national gambling laws. Group CEO Gustaf Hagman commented: “While it has been known for some time …

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Record H1 results see LeoVegas AB reap rewards of its enlarged capacity

Publishing its H1 2018 interim results, an enlarged LeoVegas AB declares record revenue and earnings, as the online gambling group benefits from marketing efficiencies and savings implemented during the trading period.   Integrating the new assets of Royal Panda and Rocket X, LeoVegas reports a 76% increase in H1 2018 corporate revenues to €165 million (€94 million) Through strategic M&A, …

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Marketing savvy LeoVegas delivers above corporate exceptions

Stockholm listed LeoVegas AB has presented its Q2 2018 preliminary results early (period ending 30 June), detailing that the company has benefitted from marketing efficiencies recorded during the trading period. Updating investors, LeoVegas governance anticipates delivering a trading period EBITDA of circa €15 million, an earnings figure above the firm’s current expectations. The improved EBITDA guidance is a result of …

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LeoVegas strengthens group focus with executive changes

Copyright: pixelbliss / 123RF Stock Photo

LeoVegas has strengthened it core group management team, as the gaming operator also intensifies its focus on responsible gaming via its LeoSafePlay system. Firstly Richard Woodbridge joins as the new Chief Operating Officer, joining from the COO role at Ellos Group, and will have overarching responsibility for operations at LeoVegas’ offices in Malta. Taking up the new role on 7 …

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Flexible Kambi platform drives major UI upgrade on LeoVegas

LeoVegas Championship

LeoVegas has overhauled the user interface (UI) on its sportsbook by using a new open API from Kambi, the operator’s sports betting supplier since its June 2016 launch. Kambi’s open APIs enable its customers to build on top of the sportsbook platform, affording them the key ability to innovate and differentiate in the market. LeoVegas has taken this “unique opportunity” …

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Swedish Open serves up tennis turnover growth on LeoVegas

LeoVegas Swedish

LeoVegas will resume sponsorship of the Swedish Open in Båstad, after the success of last year’s strategic effort to profile its fast-growing live tennis offering. Live betting on tennis, especially through mobile devices, is one of the fastest growing turnover markets for LeoVegas, who has combined the opportunity for all punters to bet on every point with live-streaming for ATP …

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LeoVegas AB confirms Stefan Nelson as incoming Group CFO

Stockholm-listed online gambling group, LeoVegas AB has confirmed the appointment of Stefan Nelson as new Chief Financial Officer. The firm expects Nelson to takeover full group CFO responsibilities on 22 August, when current incumbent Viktor Fritzén end his tenure as Leo Vegas financial lead, joining the firm’s senior executive advisory. A 20-year finance veteran, Nelson has prior experience in gaming, media …

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