Tag Archives: LeoVegas AB

LeoVegas shows love for Malta Pride 2018

LeoVegas AB has confirmed that its flagship LeoVegas brand will be a ‘Proud Supporter of the 2018 Malta Pride Week’ (Malta Pride). Malta Pride takes place from 9-16 of September, with its headline ‘Pride Parade & Street Concert’ being held on 15 September in Valletta. The theme of Malta Pride Week 2018 will be ‘Pride in the heart of the …

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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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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 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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LeoVegas shows UK muscle with launch of Rocket X

Stockholm-listed online gambling group LeoVegas AB has confirmed that it has concluded its £65 million acquisition of UK-focused Intellectual Property & Software Limited (IPS) (first announced January 2018). The acquisition sees LeoVegas expand its UK online gambling portfolio, adding new assets 21.co.uk, Slotboss, Bet UK and UK Casino. In its market update, LeoVegas governance informs that IPS brands would now …

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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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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

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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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