LeoVegas Group obtains iGaming license for the Netherlands’ regulated market

LeoVegas Group obtains iGaming license for the Netherlands’ regulated market

LeoVegas Group, a Swedish iGaming company with specialization in providing online casino and sports betting services, has obtained a new online gaming license from Dutch gaming regulator Kansspelautoriteit (KSA).

The newly issued license will enable the Stockholm-based online casino company to offer its online gambling-friendly products in the promising Dutch market. To be more specific, the license will allow the company to offer live casino, sports betting and casino in the Netherlands.

Gustaf Hagman, Chief Executive Officer (CEO) of LeoVegas Group, said in a statement that the company has been awarded license through its 21 Heads Up Ltd. Brand. The license has been issued for a period of 5 years, with an option for renewal.

Speaking on the topic, Hagman added, “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.”

The company holds licenses in a number of European markets, including Denmark, Italy, Sweden. Since 2017, it also made a number of acquisitions and deals to expand its reach in regulated gaming markets. In 2017, LeoVegas acquired 100 per cent of Italy-based operator Winga, and also got listed on the Nasdaq First North Premier.

On 27th of October 2017, LeoVegas announced the acquisition of Royal Panda for a sum of €60 million as part of its plans to expand into regulated jurisdictions. On 5th of February on 2018, it acquired German licenses; while on 5th March of the same year, it acquired a fast-growing casino operator in United Kingdom, which is now known as Rocket X.

In September 2018, the Swedish iGaming company announced the acquisition of 51 per cent stake in Pixel Holding Group Limited, which is responsible for the esports betting operator Pixel.bet. In May of 2021, it joined The Netherlands Online Gambling Association (NOGA).

Headquartered in Stockholm, LeoVegas Group is best known for creating diverse iGaming products capable of offering a unique gaming experience. With a workforce of more than 1,000 people across Europe and a special focus on mobile gaming, it offers online casino, live casino and sports betting services through its ten brands in nine jurisdictions.

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