A Significant Milestone for LeoVegas Group
In a significant development, mobile gaming operator LeoVegas Group has been granted a five-year gaming license within the Netherlands. This license covers casino, live casino, and sports betting services, marking a substantial expansion of LeoVegas’ operations within the regulated Dutch market.
LeoVegas, with its hub in Malta, headquarters in Stockholm, and over 1,200 employees across Europe, is poised for growth. The granting of this license is a testament to LeoVegas’ commitment to expanding their global footprint and strengthening their position within Europe’s regulated markets.
The company plans to go live in the Dutch market during the second half of 2023. Although they’ve received the license, LeoVegas is not live just yet, but preparations are underway for a grand re-entry into the Dutch gaming scene.
LeoVegas Group’s Strategic Moves and Future Prospects
Recently, LeoVegas signed a sponsorship deal with Blackpool FC, further enhancing its brand visibility. The company’s logo now features prominently on the team’s football jerseys, signaling a strategic move to increase its market presence and appeal to a broader audience.
Gustaf Hagman, CEO of LeoVegas Group, expressed his excitement about the recent developments, stating, “LeoVegas Group has been granted a gaming license in the rapidly growing Dutch market! We are thrilled to look to the future and fully focus on resuming our Dutch journey: the Netherlands has great potential, and we look forward to it becoming an important market in our global growth journey.”
Moreover, last week, Gambling Insider had a conversation with Joerg Hofmann and Rene Jansen, Chairman of the Dutch regulator, discussing rules and regulations in the Netherlands. This dialogue underscores the importance of understanding and adhering to local gaming laws and regulations.
In conclusion, the granting of a five-year gaming license in the Netherlands marks a significant milestone for LeoVegas Group. It not only enables the operator to extend its services in the Dutch market but also underpins its status as a leading player in the global mobile gaming industry.