Tag Archives: leovegas

LeoVegas positive over 2019 outlook despite UK & Sweden adjustments

LeoVegas - Premier League

Stockholm-listed online gambling group LeoVegas AB has detailed a positive opening to 2019 trading, as the company adjusts to new regulatory conditions within the UK and Sweden. Publishing its Q1 2019 trading update (period ending 31 March), LeoVegas reports a 12% increase in corporate revenues to €86 million (Q12018: €77m), as the company records double-digit growth in customer metrics related …

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Winning Post: Industry heading towards more Euro uncertainties

Industry strategic consultancy Regulus Partners reflects on another week of UK and European setbacks for gambling incumbents. Despite broader regulatory frameworks in-place, political relationships appear more complicated than ever before… ___________ Sweden: online regulation – losing the war… Most online gambling operators that comment on their regulatory strategy or policy tend to state that they favour growing domestically regulated markets …

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LeoVegas AB announces raft of new leadership appointments

LeoVegas - Premier League

Further to publishing its 2018 full-year results, Stockholm-listed LeoVegas AB has confirmed that it has strengthened the firm’s executive management team, announcing three key new hires. As previously communicated, seasoned digital strategist Richard Woodbridge has joined LeoVegas’ executive team as new Group Chief Operations Officer (COO). A fresh industry recruit, Woodbridge has formerly served as the digital operations lead for …

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Risk mitigation sees Rightlander launch first US compliance tool

Industry marketing compliance developer Rightlander has announced the launch of its first US-centric tool, the ‘Premium Risk Mitigation Report – PRMP’, which will allow US incumbents to identify affiliate partners promoting unlicensed online casino brands within individual states. A first of its kind function for US stakeholders, PRMP is designed to strengthen operator compliance marketing capacities within a disrupted US …

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Videoslots joins the Swish Swedish market assault

Swish - Copyright: yuran-78 / 123RF Stock Photo

Swish has secured its third high-profile gaming client in a little over a month after striking a deal with Videoslots.com for the online casino operator’s Swedish players. The deal, which follows similar agreements with both LeoVegas and Mr Green, will help Malta-based Videoslots to strengthen its position within the re-regulated Swedish market. Following this re-regulation of the Swedish gambling market, …

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LeoVegas sets 50% regulated market revenue target for 2019

The end of a long and ultimately successful road towards gambling market liberalisation in Sweden has put one of its own – Stockholm-listed LeoVegas AB – on target to break the 50 per cent barrier for revenues derived from regulated markets. ________________ LeoVegas has told SBC Magazine that it expects to derive more than 50 per cent of its revenues …

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World Championship leads to “significant spike” for handball betting on LeoVegas

Handball

Handball has become a major growth sport for LeoVegas, particularly around major international tournaments such as the sport’s ongoing men’s World Championship. The tournament, which runs in Germany and Denmark until 27 January, holds huge appeal for punters in LeoVegas’ core markets, particularly while Germany and the Nordics – including Denmark, Norway and Sweden – remain among the favourites for …

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888 secures Swedish expansion

Online gaming operator 888 has been confirmed as the latest operator to secure a Swedish expansion after it landed a online gambling licence, which will allow it to offer casino, poker and sports betting in the country. The agreement was confirmed with a statement by 888, to its shareholders, with the operator now being listed among the licence holders on Lotteriinspektionen’s site. The full list of licensees can …

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LeoVegas AB targets Spanish entry in Q1 2019

Stockholm-listed LeoVegas AB has targeted entering the Spanish online gambling market by Q1 2019. Updating stakeholders, LeoVegas governance has this morning confirmed that it has filed for a Spanish DGOJ licence for online sports betting and casino services. Gustaf Hagman, LeoVegas AB Group CEO, detailed Spanish market entry as a key directive for 2019. He said: “We are now taking the …

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Videoslots and SafeEnt take Swedish licence count to 18

SafeEnt

The licence count in Sweden has reached 18 after two more companies – Videoslots Ltd and SafeEnt Ltd, a subsidiary of Global Gaming, secured approval to service the market from 1 January 2019. On 3 and 4 December, Videoslots was granted a licence for online games, while SafeEnt secured a five-year licence for betting and online gaming through Ninja Casino …

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