Tag Archives: leovegas

LeoVegas under preliminary investigation by the Swedish Economic Crime Authority

LeoVegas

Ekobrottsmyndigheten – Sweden’s Economic Crime Authority has launched a preliminary investigation of LeoVegas AB, with regards to insider trading of the Stockholm Nasdaq firm’s company shares. The firm stated that no employee, member in the management team or board member of LeoVegas, has been notified about any criminal suspicion and has no further information to provide at this time. The investigation comes …

Read More »

MGM targets $607m takeover of LeoVegas to move igaming vision beyond US shores

The board of LeoVegas AB has ‘unanimously recommended’ to investors an SEK 61 (€5.90) cash-per-share takeover offer submitted by US casino and entertainment group MGM Resorts. Publishing deal terms this morning, LeoVegas has advised shareholders to accept MGM’s offer, which has placed a 44% premium on the firm’s SEK 42.3 (€4.10) closing price on the Stockholm Nasdaq as of Friday, 29 …

Read More »

Betting industry Ukraine solidarity continues as Pragmatic Play donates £100k

As support for the Ukrainian public continues to pour in from a range of industries, including betting and gaming, Pragmatic Play has announced a new contribution. The igaming and sportsbook solutions provider revealed today that it is donating £100,000 to the Red Cross’ Red Crescent Movement response appeal, with all funds channelled towards humanitarian causes in Ukraine.  In particular, the …

Read More »

LeoVegas expands personalised safer gambling messages for Sweden and Denmark

LeoVegas AB will utilise personalised on-site messages to interact with customers in its key markets of Sweden and Denmark, making them aware of its suite of safer gambling tools.  The decision follows the successful trial of personalised on-site messaging with UK customers that has been running since the Autumn of 2021. “On-site messaging is a proven way of increasing customer …

Read More »

LeoVegas launches Warsaw tech hub to maintain strategic momentum

Detailing an ambition to remain at the forefront of technology development and innovation, LeoVegas Group has launched a tech hub in Warsaw. The international gambling group plans to hire 60 developers at the new Warsaw site over the next two years alongside ongoing recruitment in the UK, Sweden and Netherlands. LeoVegas has identified a “growing demand” for technological development in …

Read More »

Gaming Industry For Ukraine secures £190k in donations

The gambling industry’s fundraiser to support the Ukrainian public, Gaming Industry for Ukraine, has made strides towards achieving its £250,000 target. Issuing an update this morning, the initiative – which provides financial backing to the Choose Love charity’s Ukraine Crisis Fundraiser – detailed that it has secured £190,000 in donations from betting operators in the past week.  Companies to have …

Read More »

Aspire Global and BETER terminate Russian business relationships

Aspire Global has made the decision to close its contract with Sports Lotteries LLC, the operator of the Russian National Lottery, whilst BETER has also ended its business relationships in the country. The Malta-based sports betting and gaming software provider has cited ‘a different business view’ to Sports Lotteries as its primary motivation behind the partnership termination. However, amid widespread …

Read More »

Genius Sports latest betting industry player to end Russian activity

Genius Sports has confirmed that it will no longer continue commercial operations in Russia and Belarus, as a result of the ongoing conflict in Ukraine.  Russia’s unprovoked invasion of its western neighbour has prompted widespread international criticism, including from the public, political and business areas.  By calling an end to its Russian operations – as well as activities in Belarus, …

Read More »

EL calls for peace in Ukraine as LeoVegas ceases bets on Russian sports

The Russian invasion of Ukraine is now in its ninth day, and criticism from a range of political arenas and economic areas has continued to mount, including the betting space. Issuing a statement today, the European Lotteries and Toto Association (EL) criticised the invasion and called for peace, whilst LeoVegas has become one of the latest businesses to limit its …

Read More »

ZeTurf’s  ZEbet.nl joins KOA sports betting ranks 

Kansspelautoriteit (KSA), the Netherlands gambling regulator, has issued a short statement confirming that it has granted a KOA remote gambling licence to domestic incumbent ZEbetting & Gaming Nederland BV.  The licence will allow ZEbetting to maintain its status as the official operator of betting and totaliser services for Dutch horseracing offered by ZEturf.nl, whilst allowing the company to expand its …

Read More »