Tag Archives: Gustaf Hagman

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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LeoVegas ‘fastest growing organic’ industry enterprise following 2016 revenue & earnings boost

Focusing on its mobile-first strategy, the governance of Stockholm Nasdaq-listed Leo Vegas Group (LeoVegas) has stated that it is the industry’s fastest growing ‘organic operator’. Closing its first full year as a Stockholm Nasdaq enterprise, LeoVegas would declare corporate revenues of €141 million up 70% on corresponding FY 2015 €83 million. LeoVegas governance would attribute circa €60 million in revenues …

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LeoVegas back in Ireland following ‘Remote Operator’ approval

Stockholm Nasdaq-listed Leo Vegas Group (LeoVegas) has this morning updated its investors and stakeholders detailing that it has been approved a ‘Remote Operator License’ for sports betting by the Irish Revenue Commissioners the regulatory body for gambling in the Republic of Ireland. Having gained its licensing approval, LeoVegas marketing will now push for a relaunch of its betting services within the …

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LeoVegas gains Danish DGA online gambling license

Updating the market this morning, Stockholm Nasdaq-listed LeoVegas Group AB (LeoVegas) has confirmed that it has been approved an online gambling operator license by the Danish Gambling Authority (DGA). Confirming its Danish license, LeoVegas one of the industry’s fastest growing operators will now move to expand its presence within its core market of Scandinavia. The Malta-headquartered operator currently holds licences …

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LeoVegas prioritises customer growth in Q2 2016

Announcing its second ever set of interim results as a Stockholm Nasdaq-listed corporation, LeoVegas Mobile Gaming Group (LeoVegas) has detailed a revenue increase of 67% to €31 million (Q2 2015: €18.5 million). The mobile-focused European igaming operator who floated on the Stockholm Nasdaq last March was pleased with its 2016 momentum, recording increased player activity on its products as Q2 …

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LeoVegas Sports launches in time for Euro 2016

Having secured its Stockholm Nasdaq IPO in March, mobile gaming specialist Leo Vegas has announced that it is ready to launch its sports betting offering ‘LeoVegas Sports’ on Friday 13 May. The Malta and UK licensed firm will bring its sports betting product powered by Kambi, in time for the start of the UEFA Euro 2016 Championships (10 June – …

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Leo Vegas selects Kambi as sports betting platform

Stockholm listed sports betting software supplier Kambi (Kambi Group), has been selected as proprietary betting platform for Malta igaming operator Leo Vegas. The agreement will see Leo Vegas, one of the fastest growing businesses in the igaming sector, enter the European sports betting market utilising Kambi betting provisions and software. Announcing the partnership today, Leo Vegas governance aims to increase …

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