Press Releases
LeoVegas: Information regarding the changing circumstances in Norway

In LeoVegas financial targets of at least EUR 600 million in revenue in 2020 and at least EUR 100 million in EBITDA in 2020, that were presented on April 19th, it has been taken into account that market conditions can change. The announcement yesterday about the proposal in the Norwegian Parliament is an example of changing conditions that LeoVegas’ strategic planning has made room for.
LeoVegas strives to be a transparent company and therefore chooses to disclose the size of the Norwegian market in order to increase understanding of the potential impact. In March 2018, the Norwegian market accounted for 4.6% of LeoVegas total revenues. Regardless of the outcome the development in Norway, it does not affect LeoVegas financial targets.
“There are still no details about the proposal, but in all industries,  one can expect that the conditions can change. Some markets are closed and others are opened and regulated. Norway currently has no local licensing system, and instead of prohibition, I hope Norway will move towards a local regulation similar to the one we see in Sweden.” – says Gustaf Hagman, CEO LeoVegas Mobile Gaming Group.
LeoVegas has for a long time been very clear in welcoming regulation and the Group’s strategy is to expand in regulated markets and markets that are soon to be regulated.
-
Latest News5 days ago
DreamPlay consolidates its status as a global player in the iGaming industry and opens an office and campus in Cyprus
-
Asia6 days ago
SARA TENDULKAR JOINS JETSYNTHESYS’ GLOBAL E-CRICKET PREMIER LEAGUE AS MUMBAI FRANCHISE OWNER FOR SEASON 2
-
Latest News7 days ago
CS2 & CSGO Gambling Sites 2025 | Best CS2 Betting
-
Latest News7 days ago
Best Payout Casinos – 2025’s Top 10 High-Paying Casino Websites
-
Latest News5 days ago
A Deeper Dive into Online Casino Bonuses
-
Industry News7 days ago
Vibra Group achieves ISO/IEC 27001:2022 certification
-
Conferences in Europe7 days ago
Clarion’s Ewa Bakun to speak at Italian Gaming Exhibition and Conference
-
eSports6 days ago
TEAM VITALITY AND NESCAFÉ LATTE PARTNER TO LAUNCH “READY TO LEVEL UPâ€