LeoVegas Group Casinos

Author Tom Wilson

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LeoVegas Group Casinos

LeoVegas Group (also known as LeoVegas AB) is a Swedish company in charge of several reputable online casino brands, serving a multitude of international markets. Gustaf Hagman and Robin Ramm-Ericson founded the company in 2011. LeoVegas currently employs over 900 people and is traded on the Stockholm Stock Exchange (LEO).

1

LeoVegas

  • Games 5178
  • Payout Pending time: 1-5 business days;
  • Wagering req. 35
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2

Royal Panda

  • Games 4876
  • Payout Pending time: Within 5 business days; Processing time:; Up to 5 business days (EU); Up to 10 business days (Non-EU)
  • Wagering req. 20
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List of All LeoVegas Group Casinos

LeoVegas Group launched several products over the last decade, most of which are run through its subsidiary — LeoVegas Gaming PLC. Here is a list of all gambling sites operating under the LeoVegas umbrella:

LeoVegas-run casinos offer a wide range of quality games from some of the top industry operators like NetEnt, Microgaming, Play’n GO, Evolution, IGT, and WMS. The games include video slots, blackjack, roulette, baccarat, live dealer games, and more. The casinos are also known for having exceptional promotional programs, offering hefty welcome bonuses to all new players.

About LeoVegas Group Casinos

LeoVegas was founded in Sweden in 2011 by Gustaf Hagman (CEO) and Robin Ramm-Ericson (Chairman of the Board). To quote Hagman, the company was “born out of the smartphone” as one of the fastest-growing channels for gambling entertainment. Realizing the potential of mobile gaming, LeoVegas launched products that are often marketed as mobile-first, giving players access to state-of-the-art mobile-friendly gambling sites and apps.

LeoVegas Casino was the group’s first big project, after which it opened many other casinos and sports betting platforms. In May 2016, just before the start of the UEFA Euro 2016, LeoVegas launched its first sports betting website named LeoVegas Sports. The same year, the company was listed at the Stockholm Stock Exchange (Nasdaq Stockholm) under the ticker symbol LEO.

Over the years, LeoVegas managed to earn multiple licenses for operating in the European market, including the UK, Ireland, Malta, Sweden, etc. The company opened several gambling platforms and acquired a few, like Royal Panda, Expekt, and Pixel.bet. In 2021, LeoVegas won the “Online Casino of the Year” award at the Global Gaming Awards in London for the fourth time in a row.

LeoVegas Group is headquartered in Stockholm, while its subsidiary — LeoVegas Gaming PLC — runs its operations from Malta. While the company mostly focuses on serving the UK and European markets, some of the products are accessible from all over the world. They also have a strong presence in the Latin American market, namely Peru and Chile.

Controversies and Criticism

The UK Gambling Commission fined LeoVegas £600,000 (approximately CAD1 million) relating to its false advertisements and mishandling of its self-exclusion program. Namely, the Gambling Commission established that LeoVegas has dozens of misleading ads and also sent advert material to their self-excluded customers. What’s more, LeoVegas reportedly didn’t return funds to thousands of players committed to the self-exclusion program and allowed many self-excluded customers to continue gambling.

LeoVegas Group Company Profile

  • Year founded: 2011
  • CEO: Gustaf Hagman
  • Number of employees: 900+
  • Revenue: €328 million
  • Areas served: Europe, UK, Nordics
  • Licensed in: United Kingdom, Ireland, Malta, Germany, Sweden, Denmark
  • Products: Casino, live casino, sports betting
  • Flagship casino: LeoVegas Casino
  • Company website: https://leovegasgroup.com/en
Author Tom Wilson

Chief editor and creator, Tom drives the direction of CanadianCasinos.ca with the goal to provide the best and most honest resource for online gambling enthusiasts in Canada