LeoVegas Group granted a gaming license in the Netherlands
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LeoVegas Group, an international iGaming company, has been granted a five-year gaming license by the Dutch regulatory authority Kansspelautoriteit (KSA) for casino, live casino, and sports betting in the Netherlands. The license was granted to the company, operating through its subsidiary 21 Heads Up Limited. The CEO of LeoVegas Group, Gustaf Hagman, expressed excitement about the opportunity to enter the rapidly growing Dutch market, with plans to go live during the second half of 2023.
Currently, LeoVegas Group operates in nine jurisdictions, offering online casino, live casino, and sports betting under nine different brands. The company has a significant presence in Europe, employing over 1,200 people, with its headquarters in Stockholm and a hub in Malta. In 2022, LeoVegas Group became a subsidiary of MGM Resorts International.
Despite receiving the gaming license, LeoVegas Group has not yet gone live in the Dutch market. However, they have shown their commitment to the market through a sponsorship deal with Blackpool FC, featuring their logo on the football team’s jersey.
The company’s CEO, Gustaf Hagman, emphasised the potential of the Dutch market, envisioning it as an important market in their global growth journey. As an innovative player in the industry, LeoVegas Group also invests in and develops other iGaming companies through its investment arm, LeoVentures.
In related news, Joerg Hofmann and Rene Jansen, Chairman of the Dutch regulator, discussed the rules and regulations in the Netherlands regarding gambling on the GI Huddle.
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