GAMING COMPANIES ON THE STOCK EXCHANGE
As you might be aware the market for sports betting and casino online is expanding rapidly. Every week there are new betting companies entering the market and all actors wants a share of the cake. Betting and gambling online has become more common among both young and old people. There are many reasons to this but one is the accessibility. Not all people wants to visit a land based casino or the local betting shop in order to get some excitement. But now you can gamble from home with your laptop, mobile or tablet. And this is something that opens up for new entrepreneurs that wants to operate their own betting company or online casino.
Although the market for gambling online is tough there are some companies that have made huge success with their online casinos and sportsbooks. One example is Leo Vegas that was founded in 2012. In only four years this company have grown to become the leading mobile casino in Europe. The company is founded by swedish entrepreneurs based on Malta which open up for tax free winnings and a secure license. Players from all Europe login at Leo Vegas via their mobiles and laptops on a daily basis to get some relaxation and excitement. And in the near future Leo Vegas will present a brand new sportsbook build on a platform from Kambi. Kambi is also the company that will set the odds in the sportsbook.
With a new sportsbook on it’s way and a company that is showing record results every month it’s now time for Leo Vegas to enter the stock exchange. The introduction is set to march 17th and after that you will be able to buy shares in the company. The value of Leo Vegas is set to 107 million euros which is real impressive! This number shows what a success this gaming company is. If you want to follow the stock exchange premiere you can do this on NASDAQ First North. But Leo Vegas is not the only gaming company that is listed on the stock exchange. Both Betsson and Cherry are well known companies on NASDAQ. There are also game developers listed on NASDAQ and you might have heard about some of them such as Netentertainment and Evolution Gaming.
With Leo Vegas’ listing we can only imagine that the company will grow even stronger in the future. And with a sportsbook from Kambi the brand is open up for a more flexible experience for players that both enjoy sports betting and casino.