LeoVegas Group, a prominent operator in the iGaming industry, has recently been granted a five-year gaming license to operate in the Netherlands. This license covers a range of offerings, including casino games, live casino games, and sports betting. Despite the license acquisition, the company is yet to go live in the Dutch market.
Expanding into the Dutch Market:
LeoVegas Group, with a robust presence and over 1,200 employees across Europe, is gearing up to launch its operations in the Netherlands during the second half of 2023. This strategic move aligns with the company’s growth ambitions and underscores the potential it sees in the Dutch market.
A Growing Presence:
LeoVegas Group boasts a strong foothold in the iGaming sector, with a hub in Malta and its headquarters in Stockholm. The company’s expansion efforts have been further highlighted by a recent sponsorship deal with Blackpool FC, where its logo is prominently featured on the football team’s jerseys.
CEO’s Outlook:
Gustaf Hagman, CEO of LeoVegas Group, expressed his excitement about securing a gaming license in the rapidly evolving Dutch market. He emphasized the company’s commitment to its Dutch journey and acknowledged the immense potential the Netherlands holds. The Dutch market is poised to become a pivotal component of LeoVegas Group’s global growth trajectory.
Exploring Dutch Regulations:
In a recent discussion on the GI Huddle, Gambling Insider had the opportunity to engage with Joerg Hofmann and Rene Jansen, Chairman of the Dutch regulator, regarding the rules and regulations governing the Dutch iGaming market. This conversation sheds light on the evolving landscape and regulatory framework in the Netherlands.
LeoVegas Group’s acquisition of a five-year gaming license for the Dutch market signifies its commitment to expanding its footprint and delivering top-tier iGaming experiences to Dutch players. As the company prepares for its Dutch debut in the latter half of 2023, it anticipates a pivotal role for the Netherlands in its global growth journey.