Business
May 2, 2022
MGM Resorts International Offers to Buy LeoVegas for $607 Million
MGM Resorts International has made a massive move to solidify its position in the global online gambling market. The casino operator offered $607 million to purchase one of the world’s most reputable online casinos – LeoVegas AB. By purchasing the Swedish gaming company, MGM is looking to increase its profits and influence in the European […]
Industry
April 25, 2022
LeoVegas’ Blue Guru Games Studio Marks First Slot Launch
Blue Guru Games, a game studio part of LeoVegas Group, announced the launch of its first slot title, The Nemean Lion, in preparation for further launches in the second half of the year. The First of Many The Nemean Lion, the first in Blue Guru Games’ future portfolio of slot games, is now available through […]
Industry
April 22, 2022
LeoVegas Rolls Out Personalized Safe Gambling Messaging in Sweden, Denmark
Europe’s premier GameTech company that offers state-of-the-art technology for gaming, LeoVegas Group, announced that it increased its safer gambling efforts for the Danish and Swedish gambling markets. LeoVegas Launches Personalized On-Site Messages The company said Thursday that it launched personalized on-site messages for two of its key markets. The goal of the messages will be […]
Business
March 31, 2022
LeoVegas Group Launches Tech Hub in Warsaw, Poland
LeoVegas Group is pivoting towards Poland where the iGaming company is now setting up a new tech hub that will help it continue to bring more innovation and progress to the industry. Poland is not a chance pick either. Places such as Krakow and Warsaw already host or have hosted prominent development studios, including NetEnt’s […]
Casino
March 15, 2022
Ontario Registers LeoVegas as an Online Operator in Historical Move
Following its “bigger is better” growth plans aimed at local gaming markets that are either currently regulated or close to being regulated, LeoVegas has made one more strategic move. The group has been registered as an online gaming operator by the Alcohol and Gaming Commission in Ontario. This means that, starting April 4 when the […]
Sports
March 4, 2022
LeoVegas No Longer Offers Betting Markets on Russian, Belarusian Sports
LeoVegas has become the latest entity from the gambling industry to rally support for embattled Ukraine and suspend bets on sports markets and for customers coming from Russia and Belarus. Even though LeoVegas does not have any explicit arrangements with Russian or Belarusian sports teams, the company refuses to legitimize teams and leagues based in […]
Industry
February 11, 2022
LeoVegas Reports Good Q4 2021, Remains Optimistic for 2022
Swedish gambling company LeoVegas Group released its fourth-quarter and full-year 2021 results on Friday. LeoVegas Posts Q4 2021 Financial Results LeoVegas Group, the leading casino and sports gaming technology operator, released its fourth-quarter and full-year results for 2021. Last year, the company has seen revenue of €391 million ($446 million). This represents an increase of […]
Business
November 11, 2021
LeoVegas Q3 Results Show Strength, as Q4 Future Gets Darker
LeoVegas Group remains happy with the third-quarter results for the period ending on September 30. During that period, the company posted revenue of $114.1 million with much of the revenue boosted by the iGaming sector and casino games. The company reports that 76% of the total revenue in the quarter was generated through online casino […]
Industry
November 4, 2021
LeoVegas to Combat Problem Gambling With AI-Powered Deposit Limits
Swedish mobile iGaming company LeoVegas has implemented instant and personalized deposit limits for users of its brands in the United Kingdom. This continues the company’s efforts to propagate safe and responsible wagering and establish a healthy betting ecosystem. LeoVegas’ New Deposit Limits The personalized deposit limits have been added to LeoVegas’ British brands, which include […]
Legal
October 29, 2021
Denmark: LeoVegas Escapes Regulatory Probe Unscathed
October turned out to be a month of mixed emotions for Swedish gambling group LeoVegas AB as far as its operations in Denmark are concerned. The month started with a renewal of its online gambling licenses, only to finish with a regulatory reprimand. AML and Reporting Failures Danish gambling regulator Spillemyndigheden released a statement on […]