Acquisition expands LCKY’s presence in Danish iGaming market
LCKY Group has entered into an agreement to acquire Danish online casino operator RoyalCasino for an undisclosed amount.
The deal strengthens LCKY’s B2C operations with the addition of three iGaming brands in Denmark – royalcasino.dk, kapowcasino.dk and valhallacasino.dk.
LCKY expects the transaction to be immediately accretive, driving an estimated 18 to 20 per cent increase in group revenue and a 29 to 31 per cent increase in EBITDA.
The acquisition supports the company’s multi-brand strategy, creating opportunities to further optimize brand positioning within the Danish market, and enables RoyalCasino to launch its brands in additional markets.
“This is a highly strategic and financially compelling acquisition for LCKY Group,” said LCKY Group CEO Richard Brown. “RoyalCasino brings both strong market presence and high-quality earnings in Denmark, a market that aligns closely with our focus on regulated, sustainable growth.
“The transaction enhances our scale, strengthens our competitive position, and provides clear opportunities to drive synergies and long-term value creation. We look forward to working closely with the RoyalCasino team to realize these opportunities.”
RoyalCasino CEO Per Petersen added: “RoyalCasino is one of the largest online casino operators in Denmark, a market known as both well-regulated and high-value. Our industry is characterised by high levels of innovation and competition, and here we see the combination of RoyalCasino’s local expertise and LCKY’s international scale and iGaming pedigree as an excellent recipe for shared success. We look forward to introducing LCKY to our Danish customer base.”
The transaction is subject to customary regulatory approvals and is expected to close in the second half of 2026.
Formerly known as Glitnor Group, LCKY also owns and operates B2C brands LuckyCasino, HappyCasino, FlaxCasino, Vera&John and OneCasino, as well as B2B provider Swintt and investment arm Glitnor Ventures.