Leo Vegas Expansion Continues, Now Live on Swedish NASDAQ

March 22nd, 2016

SHARE

Leo Vegas Expansion Continues, Now Live on Swedish NASDAQ

Mobile casino giant Leo Vegas, founded in Sweden, has just been listed on its native stock exchange: the NASDAQ First North Premier. The Stockholm exchange currently lists around 130 emerging companies, many of which are experiencing rapid growth. Leo Vegas can now benefit from the financial exposure it will generate across the Nordic region.

Since forming in 2012, Leo Vegas has gradually increased its portfolio of mobile games; as we head further into 2016, its founders Gustaf Hagman and Robin Ramm-Ericson believe that the time is right to list the company's shares in a public forum. The pair explained in a joint statement:

"The market for mobile gaming entertainment is still in its infancy; we want Leo Vegas to lead the way in into the mobile future."

Leo Vegas' Shares Roar on Opening Day

After Leo Vegas' shares went live on 17th March, some of the initial reports were hugely positive. A review of the opening day's trading conditions by Reuters highlighted that the "offering was significantly over-subscribed", which lead to the share price jumping from a starting price of SEK 32 (£2.71) to SEK 38.6 (£3.30) on 17th March. In total, Leo Vegas welcomed 30,000 new shareholders on its first day of trading. It now hopes to use this momentum to continue its expansion across Europe.

As it stands, the Swedish company, which operates the bulk of its gaming options from Malta, offers an array of mobile slots, table games and live dealer options for both online and mobile players. Although every Leo Vegas game can be played via a desktop, the site has been designed to offer the best mobile gaming experience for all smartphone users. This means that when you take a spin on slots such as Starburst or the new Guns N' Roses slot game, you'll be able to enjoy the action anytime, anywhere.

New Deals Mean More Value for Players

In addition to listing its shares, Leo Vegas recently moved to increase its presence in the UK by agreeing a sponsorship deal with Wembley's SEE Arena. Leo Vegas officially launched in the UK back in 2014 and this new deal is being hailed as the perfect way for it to expose the brand to new demographics according to Shenaly Amin. Amin, the UK country manager for Leo Vegas, went on to explain:

"The iconic venue hosts some of the most in-demand events in the UK and the excitement created by these aligns perfectly with the Leo Vegas brand. It is an ideal place to expose the Leo Vegas brand to new audiences, a key aim since our launch in the UK two years ago."

The multipurpose venue hosts a plethora of international events and Leo Vegas branding will now be shown at least six times per hour during these events.

As well as Leo Vegas seeing its corporate colours emblazoned on the SEE Arena's LED screens, it will gain access to a select number of tickets for each event, which should mean registered players will soon be able to compete for some exclusive prize packages across the operator's range of casino games. For now, however, Leo Vegas will look to solidify its position on the Stockholm NASDAQ First North Premier as part of its overall plan to become the leading mobile casino operator in Europe.

To check out the latest deals on offer, head over to Leo Vegas Casino today!

Casino News Articles


New Playtech-Powered Live Casino Hits Ladbrokes in 2017
New Playtech-Powered Live Casino Hits Ladbrokes in 2017

Ladbrokes is capitalising on its recent online upswing by introducing a new and improved live dealer suite. It has been working in partnership with veteran software supplier Playtech, and Ladbrokes pu ... Read More

Ireland Approves Legislation to Raise Gambling Age to 18
Ireland Approves Legislation to Raise Gambling Age to 18

In a move to modernise the existing Gaming and Lotteries Act of 1956, the Irish government has approved new legislation that will raise the age limit for gambling to 18, as well as committed to making ... Read More

New Online Gambling Lobbying Group Launched in US
New Online Gambling Lobbying Group Launched in US

Online gambling has always been a contentious issue for many politicians in the United States, but a new lobby group is hoping to change their attitudes and views it. Known as the i-Development and Ec ... Read More

Play the Latest Slot Game Titles to Hit Mr Green Casino
Play the Latest Slot Game Titles to Hit Mr Green Casino

The inventive Mr Green has expanded its large selection of online slot games with the addition of IGT’s Smash the Pig and Yggdrasil Gaming’s Sunny Shores. The two online slots went live last month and ... Read More

Evolution to Launch Biggest Live Casino Progressive Jackpot
Evolution to Launch Biggest Live Casino Progressive Jackpot

In the ever-competitive world of online casino gaming, we all know that size matters. To help distinguish themselves from the competition, casino brands are hiking up their jackpot prizes so it's no s ... Read More

Player Wins £1.36m Progressive Jackpot on 25p Mobile Spin
Player Wins £1.36m Progressive Jackpot on 25p Mobile Spin

One triumphant player spinning from her mobile device managed to win £1.36 million from a single bet on Playtech’s popular Gladiator slot. The player won a grand total of £1,365,870 after making an in ... Read More

Casino Navigation

Newsletter

Sign up for the free Gambling.com Newsletter to stay on top of all the best bonuses!
We will never share or misuse your personal information. Privacy Policy

Latest Casino News

CasinoGuides

Country Guide