About LeoVegas Group
LeoVegas Group is a company based in Stockholm (Sweden) founded in 2012 by Robin Ramm Ericson and Gustaf Hagman was acquired by MGM Resorts International in August 2022.. LeoVegas Group has completed 7 acquisitions, including 21.co.uk, Betuk and HPYBET. LeoVegas Group offers products and services including Mobile Casino and Sportsbook.
- Headquarter Stockholm, Sweden
- Founders Robin Ramm Ericson, Gustaf Hagman
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Email
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Phone
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Website
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Social
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- Legal Name Leovegas Mobile Gaming Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$117.52 M (USD), Debt – Conventional
Oct 24, 2017
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
21.co.uk
& 6 more
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Acquired by
MGM Resorts International
(Aug 11, 2022)
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Products & Services of LeoVegas Group
LeoVegas Group offers a comprehensive portfolio of products and services, including Mobile Casino and Sportsbook. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile casino games are provided for entertainment in the online gaming space
Sports betting platforms are offered to facilitate wagering on various events
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Software Development Team
49 people
Sales and Marketing
26 people
Senior Team
25 people
Product Management Team
24 people
Leadership Team
19 people
Operations Team
17 people
Data Analysis and Operations Team
16 people
Finance and Accounting
14 people
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Funding Insights of LeoVegas Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $117.5M
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First Round
First Round
(24 Oct 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2017 | Amount | Debt – Conventional - LeoVegas Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LeoVegas Group
LeoVegas Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MGM Resorts International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Operator of hotels and resorts
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LeoVegas Group
LeoVegas Group has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include 21.co.uk, Betuk and HPYBET. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Offers a sports betting platform
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2017 | ||||
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Online e-sports betting platform is provided for various games.
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2017 | ||||
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Multi-category online gambling games are provided by Royal Panda.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LeoVegas Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Leovegas Group Comparisons
Competitors of LeoVegas Group
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about LeoVegas Group
When was LeoVegas Group founded?
LeoVegas Group was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is LeoVegas Group located?
LeoVegas Group is headquartered in Stockholm, Sweden.
Who is the current CEO of LeoVegas Group?
Gustaf Hagman is the current CEO of LeoVegas Group. They have also founded this company.
What does LeoVegas Group do?
LeoVegas AB is a Swedish mobile gaming company and provider of online casino and sports betting services. It provides betting services such as table games, video slots, progressive jackpots, video poker and live betting. It also develops and creates mobile casino games for mobile platforms. It has won multiple awards including Best Innovation in Casino of the Year EGR Nordic Awards 2013 and Best Mobile Product of the Year EGR Nordic Awards 2014.
What products or services does LeoVegas Group offer?
LeoVegas Group offers Mobile Casino and Sportsbook.
How many acquisitions has LeoVegas Group made?
Who are LeoVegas Group's investors?
LeoVegas Group has 1 investor. Key investors include MGM Resorts International.
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