LeoVegas News

Written by:
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Published on:
Oct/10/2019

Find all the latest news pertaining to LeoVegas, one of the largest and most successful online casino groups on the Net today.  Licensed out of Malta and rated number one by LiveCasino.com.

2019

PayPal Crackdown Hurts LeoVegas Bottom Line

(November 11, 2019) - After PayPal stopped accepting online casino payments in Germany, gambling operator LeoVegas is expecting a 20% to 30% dip in its local revenue.  LeoVegas completed necessary chances in order to comply last month.

One of the most prominent online gambling firms in Germany, the company suggests it will lose anywhere from €1 million to €1.5 million per month as a result of the action.

Gustaf Hagman, President and Chief Executive of LeoVegas, reported that his firm was going strong elsewhere, registering a double-digit increased in operating profit and sales.

Source: GoldenCasinoNews

LeoVegas Fined €750,000

(October 10, 2019) -

2018

LeoVegas Exceeds 2018 Q2 Expectations LeoVegas, the number one ranked online casino group for its live dealer offerings, has exceeded second quarter expectations for 2018.

LeoVegas Revenues Up 76 Percent, Organic Growth Up 40 Percent -  LeoVegas, the online gambling behemoth ranked number one by LiveCasino.com, has revealed a 76% increase in its revenue over the last quarter of 2018 and 40% increase in organic growth.

Kentucky Derby Online Betting Data Improvements at LeoVegasSmoother ‘Next Off’ navigation, a clearer race overview and more detailed performance history for each horse is now available to LeoVegas customers for an improved betting experience on the upcoming Kentucky Derby.

LeoVegas Completes Acquisition of World of Sportsbetting Ltd - On 7 February 2018 LeoVegas announced the acquisition of World of Sportsbetting Ltd (Malta). LeoVegas today completed the acquisition and gained possession of the shares in World of Sportsbetting Ltd. The acquisition was made for cash consideration of EUR 2.6 m.

2017

Top Live Casino Mobile Product for 2017 Award Goes to LeoVegas - Long established gambling trade organization EGR has awarded LeoVegas with the Best Live Casino Mobile Product 2017 and the popular online casino hopes to win again in 2018.

LeoVegas Centerpiece Booth at SiGMA2017: Latest Reviews - And the best exhibition booth at SiGMA2017 Malta by far?  That one easily belonged to the fine folks at LeoVegas.

Nasdaq-Traded LeoVegas Acquisition of Royal Panda Seen as Industry Plus - News that Swedish online gambling firm LeoVegas (trading on Nordic Nasdaq) has acquired Royal Panda is expected to cause a seismic shift in the world of i-Gaming. Royal Panda is licensed in the UK.

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