Tag Archives: leovegas

Denmark’s political parties unite in support of mandatory bettor playing cards

SBC News Denmark’s political parties unite in support of mandatory bettor playing cards

A cross-parliamentary group of political parties in Denmark have supported a push by the country’s Ministry of Taxation to introduce mandatory player cards for customers using local betting kiosks. Politicians from the Social Democrats, Social Liberal Party, Venstre, Danish People’s Party, Socialist People’s Party, Red-Green Alliance, Christian Democrats and The Alternative political parties backed the introduction of required IDs, which …

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LeoVegas protects UK customers with AI smart individual deposit limits 

LeoVegas Championship

LeoVegas AB has introduced instant and individually personalised deposit limits across its UK gambling brand portfolio of LeoVegas.com, PinkCasino, BetUK, and 21.co.uk. The safeguards form part of the Stockholm-listed online gambling group’s safer gambling and customer care mandate. Using third-party data and a proprietary risk prediction model, all LeoVegas Group’s UK customers will be assigned a personal deposit limit at …

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LeoVegas penalised for due diligence and AML shortcomings by Danish regulator

SBC News LeoVegas penalised for due diligence and AML shortcomings by Danish regulator

The Danish Gambling Authority, Spillemyndigheden, has charged LeoVegas with failure to comply with national customer due diligence and Anti-Money Laundering requirements. Conducting an examination of a sample of 20 LeoVegas players in Denmark, the Authority found that the operator – which holds a Danish licence until 2026 – had breached AML requirements in five cases, primarily between 2017 and 2019. …

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LeoVegas secures Danish licence extension until 2026

SBC News LeoVegas secures Danish licence extension until 2026

Spillemyndigheden, Denmark’s Gambling Authority, has renewed the operating licence of LeoVegas AB for a further five years, until 2026.  The extension will allow LeoVegas to continue operating its online casino and sportsbook brands for the regulated market of Denmark, which reformed its online gambling laws in 2018. LeoVegas has operated in the Danish market since 2016 and has since become …

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LeoVegas gains financial flexibility via issue of unsecured bonds

Gustaf Hagman, LeoVegas CEO

LeoVegas has disclosed the successful issuance of senior unsecured bonds of SEK 500m in 2020 under a framework of up to SEK 800m. The online gambling group first announced this intention in November 2020, suggesting that it would enable the group to deliver on its expansion strategy amid a “focus on regulated markets and markets soon to become regulated”. Alongside …

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LeoVegas launches AI-powered messaging as part of safer gambling strategy

SBC News LeoVegas launches AI-powered messaging as part of safer gambling strategy

LeoVegas Group has moved to strengthen its safer gambling offering via the launch of a new layer of AI-powered messaging, analysing customer behaviour and risk profiles. The offering will be initially launched in the UK via the LeoVegas, PinkCasino, BetUK and 21.co.uk brands, where LeoVegas customers will receive onsite messages with individualised content based on their profiles, containing information and …

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SharedPlay recruits Jacqui Gatt as venture COO 

SBC News SharedPlay recruits Jacqui Gatt as venture COO 

LeoVegas backed start-up SharedPlay has announced its first senior appointment, recruiting Jacqui Gatt as Chief Operating Officer (COO). Gatt the former Director of Gaming Operations for Casumo Malta, joins SharedPlay as the start-up builds the foundations of its B2B solution which aims to optimise multi-player gaming opportunities, engagements and experiences for online operators.  Expanding its leadership team, SharedPlay highlighted Gatt’s …

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Enteractive: Tough new regulations in Germany can be addressed

Germany

New iGaming regulations in Germany mean a tough environment for licensed operators who will have to work within strict guidelines when it comes to marketing. However, there are ways they can communicate with their players and add to their experience, writes Enteractive founder and CEO Mikael Hansson.      The German InterState Gambling Treaty that came into force at the beginning of …

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Kambi rides high from all market comeback

SBC News Kambi rides high from all market comeback

Sports betting technology provider Kambi Group Plc has underlined its continued commercial momentum, securing Q2 revenues of €42.8 million, an operator trading margin of 9.3% and a net cash position of €84.5 million. Publishing its Q2 and H1 2021 interim results (period ending 30 June), Kambi generated period revenues of €86 million, up 102% on 2020 interim results of €43 …

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