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Industry
October 5, 2022
LeoVegas Group Hires New Sports Strategy Lead
Per Carlander is the new director of sports strategy at LeoVegas Group. The operator recently experienced several notable management-level shifts after its acquisition by MGM Resorts International and had to appoint a new board of directors. Carlander’s appointment likely signifies a further shift towards MGM’s vision for the company. LeoVegas Gains a Reliable and Experienced […]
Industry
September 29, 2022
LeoVegas Unveils New Three-Member Board
At the beginning of September, LeoVegas’ shareholders agreed to the acquisition offer put forward by MGM Resorts International. As a result, the online gambling operator is now preparing for the transition. As a part of the process, LeoVegas elected a new board. LeoVegas Unveils New Board LeoVegas’ new board of directors will have three members, […]
Industry
September 20, 2022
LeoVegas Welcomes Chris Welch as CCO
Swedish mobile casino and sports betting company LeoVegas has reinforced its leadership with a new chief commercial officer. The experienced Chris Welch will join the company’s marketing team and help it engage its customers. Welch Has a Lot of Experience Welch is a seasoned marketing officer with a career spanning over three decades. His humble […]
Sports
September 8, 2022
LeoVegas Inks Partnership with Manchester City FC
Europe’s premier GameTech company, LeoVegas, announced a new partnership with Manchester City, the leading English soccer club that competes in the Premier League. LeoVegas Becomes Official Betting Partner of Manchester City Under the terms of the deal announced on September 8, 2022, LeoVegas was designated as the team’s Official Betting Partner in Canada and Europe. […]
Business
September 1, 2022
LeoVegas Shareholders Vote Overwhelming in Support of MGM Offer
MGM Resorts will be completing the acquisition of LeoVegas after 96% of the latter’s shareholders accepted the takeover bid which is due to complete on September 7. The public offer tabled by the US-based hospitality and entertainment group is valued at SEK61 ($5.72) per share and the deal is estimated at $604 million presently, below […]
Industry
August 22, 2022
MGM Resorts Receives Government Clearance for LeoVegas Bid
Looking to further expand its global presence, the leading hospitality and entertainment company, MGM Resorts International, announced plans to acquire the Swedish gaming and sports betting company LeoVegas. MGM Resorts Receives Approval for LeoVegas Takeover The company unveiled its ambitious plan back in May, but it has now completed another major step forward. Late last […]
Business
August 11, 2022
LeoVegas Group Shares Q2 Report, Shows 1% YoY Increase in Revenue
LeoVegas Group released its Q2 report in 2022 and the results state that the revenue had a 1% YoY increase as it reached €97.9 million ($101.1 million). Local currency organic growth was also up 1% and excluding the Netherlands, the group’s revenue increased by 9%. The Number of Depositing Customers at LeoVegas Decreased Even though […]
Casino
August 3, 2022
UKGC Fines LeoVegas £1.32M for AML, Social Responsibility Breaches
The gambling watchdog in the UK, the Gambling Commission, announced today a financial penalty against LeoVegas. UK Gambling Commission Imposes a Financial Penalty The Gambling Commission uncovered social responsibility and anti-money laundering failures. This resulted in a £1.32 million ($1.61 million) financial penalty against LeoVegas, the operator that is running leovegas.com, slotboss.co.uk, pinkcasino.co.uk, betuk.com and […]
Slots
June 15, 2022
Curse of the Mummies Slot: A Cinematic Blue Guru Slot
After breaking the ice with the release of its first slot game at the end of April, Blue Guru Games has been on a roll producing and releasing fresh titles. Today, the studio owned by the LeoVegas Group, announced the launch of Curse of the Mummies, a fresh slot scheduled to reach the popular Silver […]
Industry
June 7, 2022
LeoVegas under the Microscope for Suspected Insider Trading
Swedish iGaming operator LeoVegas is under investigation for suspected insider trading, confirmed the operator in a statement on its website today. The operator’s offices in Stockholm were reportedly visited by officers from the Swedish Economic Crime Authority (SECA) this morning. ‘Fully Assisting the Authorities’ LeoVegas published an official announcement to confirm reports that an investigation […]
