Former Vera&John Chief Executive Johan Königslehner has stated his intent on joining the upcoming re-regulated Swedish online gambling market, inbound for 1 January 2019.
Königslehner is heading up new online gambling outfit Glitnor Group, which this week completed the takeover of LuckyCasino (LuckyCasino.com) from Malta-based operator Viral Interactive for an undisclosed fee.
An enterprise founding team member of Vera&John, a European online casino property sold to Intertain Group in 2014 for $130 million, Königslehner seeks to become a lead player in Sweden’s new marketplace.
In its market update, the new industry incumbent details that it has drafted a team of experienced industry executives seeking to capitalise on Swedish market developments.
“Our team has many years in developing high-growth B2C casino brands such as Vera&John in emerging and mature regulated markets.” Königslehner states on his return to online gambling.
“We are tapping into the fast-growing pay and play concept developing in Sweden and Finland with no account creation needed and instant withdrawals. We believe this concept is part of the future and shall be successful in the regulated Swedish market next year.”
Taking over Viral Interactive assets, Glitnor Group will maintain the services of CEO Daniel Eriksson as new Head of Business Development.
“Being part of building Viral Interactive to where it is and developing the LuckyCasino brand has been a great experience,” Eriksson said. “Joining Glitnor and driving their business development forward in this next period of growth is a challenge that I’m really looking forward to.