Tag Archives: Gustaf Hagman

High Ambitions! LeoVegas sets its 2020 enterprise vision

LeoVegas

The governance of Stockholm-listed online gambling group LeoVegas AB, has presented the firm’s 2020 enterprise vision of generating at least €600 million in group revenues, combined with a corporate EBITDA of €100 million. Updating investors and stakeholders, the operator sets its target following a transformative year, in which LeoVegas has significantly grown its ‘flagship organic brand’, whilst completing the acquisitions …

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LeoVegas ups German profile and presence in 2018

Stockholm-listed online gambling group LeoVegas AB has moved to expand its presence within the German market, confirming the acquisition of Malta-based firm World of Sportsbetting Ltd for €2.6 million. The strategic acquisition sees LeoVegas secure World of Sportsbetting assets which holds both a sports betting licence and casino licence in the German state of Schleswig-Holstein. Undertaking the transaction through its …

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LeoVegas upgrades listing to main Nasdaq Stockholm exchange

European online gambling group LeoVegas AB has announced that it has been approved to upgrade its share listing onto the main Nasdaq Stockholm market. The approval granted by Stockholm’s listing authority, sees LeoVegas upgrade its share listing from the mid-cap First North Premier to the main Nasdaq Stockholm Exchange. Updating investors, LeoVegas governance announced that it expects to end First …

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Fast growth LeoVegas AB appoints Caroline Palm as Group HR lead

LeoVegas

Stockholm-listed online gambling group LeoVegas AB has confirmed the appointment of Caroline Palm to the executive position of Chief Human Resources Officer (CHRO). Appointed as LeoVegas’ first ever group HR lead, Palm joins the online gambling operator from Swedish health and environmental technology conglomerate Serendipity Group AB, where she served as Group Head of HR (2013-2017). Palm, who will begin …

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LeoVegas launches ‘LeoVentures’ strategic investment unit

Seeking to target accelerated corporate growth and industry innovation, Stockholm-listed LeoVegas Group AB has announced the launch of its ‘LeoVentures’ investment subsidiary. The new strategic division will be led by LeoVegas Co-founder Robin Ramm-Ericson, who takes up the position of Managing Director for LeoVentures. Ramm-Ericson will remain as a senior executive of LeoVegas advising corporate leadership and management. Developed as …

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M&A hungry LeoVegas expands UK presence with €60m Royal Panda acquisition

Presenting its Q3 2017 trading update (period ending 30 September), Stockholm-listed LeoVegas Group AB has confirmed that it has entered a ‘definitive agreement’ to acquire Malta-based Web Investments limited the operating company of online casino Royal Panda (RoyalPanda.com). Confirming the deal in its Q3 trading update, LeoVegas has agreed to acquire Royal Panda outright for a purchase price of €60 …

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Customer & Product effective LeoVegas hits H1 2017 heights

LeoVegas

The governance of Stockholm-listed European online gambling operator LeoVegas AB has stated that it is confident of hitting its 2017 full-year targets and corporate expectations following a strong H1 period driven by ‘solid organic growth’. The mobile-centric gambling group would post H1 2017 (period ending 30 June) net-gaming revenues of €93 million representing a 55% increase on corresponding 2016’s €60 …

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Johan Styren departs as CEO of LeoVegas Malta

Updating the market, LeoVegas Group AB has informed that Johan Styren has officially stepped down from his leadership position as CEO of LeoVegas Gaming Ltd (Malta subsidiary). A founding team executive, Styren has led LeoVegas Malta operations since 2012, joining the mobile first operator from Unibet Plc. LeoVegas governance informs that Styren will continue as a director of the company …

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LeoVegas returns to profit in Q1 2017

Completing its first full year as a Nordic Nasdaq-listed enterprise, LeoVegas Group AB has recorded strong organic growth within its product verticals as the company seeks to expand its footprint beyond its home markets of Scandinavia. Presenting its Q1 2017 financial update (period ending 31 March), LeoVegas would announce a corporate revenue lift of 49% to €44 million (Q1 2016: …

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Veni vidi vici…LeoVegas acquires Winga Italia for €6 million

Stockholm Nasdaq-listed Leo Vegas Group (LeoVegas) has today announced that it has completed its first corporate acquisition by agreeing terms to purchase licensed Italian online casino operator Winga.it. Updating investors, LeoVegas governance has detailed that it has agreed a €6.1 million cash consideration to buy Winga.it and its related assets outright. In its acquisition note, LeoVegas detailed that Winga.it had …

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