Tag Archives: royal panda

High Ambitions! LeoVegas sets its 2020 enterprise vision

LeoVegas

The governance of Stockholm-listed online gambling group LeoVegas AB, has presented the firm’s 2020 enterprise vision of generating at least €600 million in group revenues, combined with a corporate EBITDA of €100 million. Updating investors and stakeholders, the operator sets its target following a transformative year, in which LeoVegas has significantly grown its ‘flagship organic brand’, whilst completing the acquisitions …

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LeoVegas shows UK muscle with launch of Rocket X

Stockholm-listed online gambling group LeoVegas AB has confirmed that it has concluded its £65 million acquisition of UK-focused Intellectual Property & Software Limited (IPS) (first announced January 2018). The acquisition sees LeoVegas expand its UK online gambling portfolio, adding new assets 21.co.uk, Slotboss, Bet UK and UK Casino. In its market update, LeoVegas governance informs that IPS brands would now …

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LeoVegas launches ‘LeoVentures’ strategic investment unit

Seeking to target accelerated corporate growth and industry innovation, Stockholm-listed LeoVegas Group AB has announced the launch of its ‘LeoVentures’ investment subsidiary. The new strategic division will be led by LeoVegas Co-founder Robin Ramm-Ericson, who takes up the position of Managing Director for LeoVentures. Ramm-Ericson will remain as a senior executive of LeoVegas advising corporate leadership and management. Developed as …

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M&A hungry LeoVegas expands UK presence with €60m Royal Panda acquisition

Presenting its Q3 2017 trading update (period ending 30 September), Stockholm-listed LeoVegas Group AB has confirmed that it has entered a ‘definitive agreement’ to acquire Malta-based Web Investments limited the operating company of online casino Royal Panda (RoyalPanda.com). Confirming the deal in its Q3 trading update, LeoVegas has agreed to acquire Royal Panda outright for a purchase price of €60 …

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Royal Panda bets on BetConstruct after sealing QPR deal

BetConstruct has signed an agreement to provide Maltese online operator Royal Panda with a sportsbook solution for the UK market. The partnership with BetConstruct coincides with Royal Panda announcing a three-year shirt sponsorship deal with London-based Championship side Queens Park Rangers Football Club. The new partnership will allow Royal Panda to offer its users a unique sports betting experience, with up …

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