Tag Archives: leovegas

Kambi rides high from all market comeback

Sports betting technology provider Kambi Group Plc has underlined its continued commercial momentum, securing Q2 revenues of €42.8 million, an operator trading margin of 9.3% and a net cash position of €84.5 million. Publishing its Q2 and H1 2021 interim results (period ending 30 June), Kambi generated period revenues of €86 million, up 102% on 2020 interim results of €43 …

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‘Fakta om spel’ site launched to ‘increase awareness’ about Swedish market

The ‘Fakta om Spel’ (Facts about Gambling) website has been launched by four of Sweden’s largest operators, with the aim of increasing awareness of the country’s gambling market. First announced last month and developed in cooperation with BOS, the Swedish Trade Association for Online Gambling, the new website has the backing of Betsson, Kindred Group, LeoVegas and William Hill. Fakta …

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Sportradar appoints Lynn S McCreary to strengthen legal team

Sportradar has strengthened its legal department by appointing Lynn S. McCreary as Chief Legal Officer, as the company continues to press ahead with international growth. McCreary brings over three decades of experience in legal, business and executive leadership roles to Sportradar, having worked at financial services and payments firm Fiserv for 11 years, serving in the capacity of CLO since …

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Wag.io rebrands as Mitigatr to implement ‘outside of the box’ approach

Gaming compliance software provider Wag.io has announced its rebranding with new identity Mitigatr, marking a transition into a fully managed affiliate compliance solution. The new brand identity reflects Mitigatr’s change from being a technology provider to offering tech-enabled solutions and end-to-end services for its igaming operator clients. Mitigatr’s team stated that the motivation for the ‘significant rebranding’ arose due to …

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Sweden split on calls for the ‘moderation of gambling advertising’

Sweden’s Ministry of Finance has published a memorandum proposing that gambling advertising should be forced to carry a ‘moderation warning’, mirroring alcohol advertising. The amendment would take effect on 1 July 2022 if successfully implemented, and aims to ‘strengthen consumer protection’ by placing ‘higher demands’ on the production of responsible gambling advertising. Advising the government to amend “the requirement for …

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Swedish operators announce ‘Fakta om spel’ site to encourage ‘fact-based debate’

Four of Sweden’s largest betting and gaming operators have announced the launch of a new informative site, Fakta om spel (Facts About Gambling), to provide an easily accessible way for consumers and industry figures to gather facts and statistics about the licensed market. The four firms – Betsson, Kindred Group, LeoVegas and William Hill – will develop the website in …

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Malta announces Nomad Residency Permit for remote workers

Alex Muscat, Parliamentary Secretary for Citizenship for Malta, has announced a new ‘Nomad Residency Permit’ aimed at attracting ‘non-EU’ remote workers and helping maintain Malta’s workforce talent resources.  Revealed in collaboration with CEO of Residency Malta Agency, Charles Mizzi, and CEO of Identity Malta Agency, Anton Sevasta, the new permit will enable remote employees to work and consume in Malta …

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NOGA expands domestic reach with LeoVegas integration

The Netherlands Online Gaming Association (NOGA) has made another step towards achieving its goal of representing the majority of online gaming operators in the upcoming Dutch market, having integrated casino platform LeoVegas.  Stockholm-registered LeoVegas joins NOGA ahead of the opening of the licensing window for prospective operators vying to enter the Dutch gambling sector on 1 October. NOGA underscored the …

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LeoVegas poised to launch in New Jersey following Caesars deal

LeoVegas has set its sights on the New Jersey betting market, having developed plans to launch its online casino brand in the state, following an agreement with leading US gambling conglomerate Caesars Entertainment. Marking its first expansion into the burgeoning US gambling industry, LeoVegas expects to be able to accept its first American customers during the first half of 2022, …

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Regulated market success offsets German headwinds for LeoVegas

LeoVegas has delivered a strong start to 2021 despite acknowledging headwinds in the German sector related to updated regulatory requirements in the country, as well as encountering difficulties in the Nordics. As part of its Q1 2021 report, it disclosed that casino accounted for 74% and live casino 17% of the group’s Gross Gaming Revenue (GGR), while sportsbook is now …

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