Stockholm-listed mobile gaming specialist LeoVegas is set to expand its Irish operations after securing a sports betting licence in the market.

The operator currently serves the market with its mobile casino and expects to roll out its Kambi-powered sports betting offering during the current quarter.

"LeoVegas continues to grow in regulated markets," said Gustaf Hagman, Group CEO and LeoVegas co-founder. "The fact that we have in a short time been granted licences in two regulated markets shows that we are delivering in accordance with our expansion strategy.

“But it also shows that we have high capacity and quality in our organisation and in the work we do. I am convinced that our market-leading sport product will contribute to strong growth in Ireland."

The Irish licence approval follows the operators recent licensure in Denmark.

Shares in LeoVegas Group AB (Co. Data) (STO:LEO) were trading up 0.74 per cent at SEK40.90 per share in Stockholm early Tuesday, having closed up 3.8 per cent Monday.

 

Related

GIQ Magazine Digital Edition