LeoVegas AB: Breakthrough for Authentic Gaming in USA
LeoVegas' subsidiary Authentic Gaming has entered into an agreement with Foxwoods Resort Casino which will enable players outside the USA to play online at the USA's largest casino.
The partnership will make it possible for the first time to gain online access to live casino games at a land-based casino in the USA. Distribution will be handled through Authentic Gaming's network of operators, which includes LeoVegas.
"This is the first time that live casino will be streamed from a US casino to European players. I am sure that players will be drawn to games from USA's largest casino, and we also expect to see growing interest from more operators," says Jonas Delin, CEO of Authentic Gaming.
Gustaf Hagman, Group CEO, LeoVegas, comments: "It is fantastic to see that we in the LeoVegas Group have succeeded with yet another unique achievement. The entire team at Authentic Gaming has worked hard to bring this partnership about, so great praise to them."
Authentics Gaming's live casino product has now been launched by more than 20 operators on some 75 sites. Authentic Gaming's performance is favourable, but is not expected to have any material impact on the LeoVegas Group's growth and earnings in the near term perspective.
For further information, please contact:
Gustaf Hagman, Group CEO and co-founder: +46 70-880 55 22, firstname.lastname@example.org
Philip Doftvik, Head of Investor Relations: +46 73 512 07 20, email@example.com
Visitors address: Luntmakargatan 18, Stockholm
Corporate identity number: 556830-4033
About the LeoVegas mobile gaming group
LeoVegas passion is "Leading the way into the mobile future". LeoVegas is Sweden's leading GameTech company and at the forefront of the latest technology for mobile games. In 2017, the company reached the unicorn status - that is, a startup valued over one billion USD. A big part of the success is an extreme focus on product and technology as well as the efficient and data-driven marketing. The technology development takes place in Sweden, while operations are based on Malta. LeoVegas offers games for Casino, Live Casino and Sports and operates two global and scalable brands - LeoVegas and Royal Panda. The company's share is listed on First North Premier and Avanza Bank AB is the Company's Certified Adviser. More about LeoVegas at www.leovegasgroup.com .
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: LeoVegas AB via Globenewswire
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