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LeoVegas Group adapts to policy changes in the Netherlands

LeoVegas Mobile Gaming Group

Following recent policy changes in the Netherlands, LeoVegas Group has decided to cease provision of services in the country. LeoVegas Group’s expansion strategy is to grow in locally regulated markets, and the group will apply for a Dutch license later this year. The Group has decided to cease provision of service as of 30 September 2021. LeoVegas Group has over the past few years taken various measures to ensure full compliance with the Dutch prioritisation criteria and the policies published by the Dutch regulator KSA. … Read more

Bet UK launches horse racing campaign with Neil Mulholland and Vogue Williams

LeoVegas Mobile Gaming Group

Bet UK, a part of LeoVegas Mobile Gaming Group, has today announced a treble of new horse racing associations, with the addition of leading National Hunt trainer, Neil Mulholland and celebrity horse racing enthusiast Vogue Williams as brand ambassadors together with a TV commercial to be aired on Sky Sports Racing. This is the first time Bet UK has created a dedicated omni-channel horse racing campaign and is working with the trio to become the preferred choice for sports betting players around the major UK … Read more

Catena Media’s board approves share buybacks

catenamedia

The board of directors of Catena Media plc (the “company”) has resolved to exercise the company’s mandate to buy back up to 7,039,215 shares of the company’s own ordinary shares following the authorisation granted at an extraordinary general meeting of shareholders on 14 July 2021 (the “EGM”). The board sees share buybacks as a way to enhance the company’s flexibility in distributing capital to shareholders and to promote more efficient capital usage. The board has also been authorised to approve the cancellation of repurchased shares … Read more

Catena Media acquires North American online sports betting and casino affiliation assets

catenamedia

Global iGaming lead generation company Catena Media plc has further strengthened its North American operations by acquiring online sports betting and casino affiliation assets from i15 Media, LLC. The assets comprise more than 100 websites and domains that focus on states starting their first full American football season (such as Michigansharp.com), large upcoming states (such as NYSportsDay.com), and nationally ranking sites like bonus.com and gamblingonline.com. The total purchase price is USD 45 million, of which USD 12.5 million will be paid with 2,207,357 new Catena Media … Read more

LeoVegas Investigates The Possibility To Issue Subsequent Unsecured Bonds

LeoVegas Mobile Gaming Group

LeoVegas AB (publ) (“LeoVegas”) successfully issued senior unsecured bonds of SEK 500m in 2020 under a framework of up to SEK 800m with ISIN SE0015242854. LeoVegas has now mandated Swedbank to investigate the possibility of increasing the amount of senior unsecured bonds outstanding with a minimum size of SEK 100m. The proceeds from the potential subsequent bond issue will contribute to an optimal capital structure and increased financial flexibility. Leverage Target Reaffirmed In conjunction with the initial issue of senior unsecured bonds during 2020, the … Read more

LeoVegas Adds AI-Powered Onsite Messages To Increase Awareness Of Safer Gambling

LeoVegas Mobile Gaming Group

LeoVegas Group announces the launch of a new layer of AI-powered messaging to scale-up the Group’s Safer Gambling offering. Customers in the UK will be the first to receive the onsite messages with individualised content based on their behaviour and risk profile, that educate and provide information on safer gambling. The messages, which appear in a premium space otherwise occupied by the latest games and campaigns, encourage, players to use safer gambling tools, thus building a more sustainable customer relationship. LeoVegas Group is introducing new … Read more

LeoVegas’ Responsible Gaming Framework Assesed And Reviewed By Ecogra

LeoVegas Mobile Gaming Group

LeoVegas’ framework and routines on protection of consumers have been assessed and tested by the industry-leading certification agency eCOGRA to certify that the gaming company’s services are in conformity with the recommendations that the European Commission has published for online gaming. The assessment affirms that LeoVegas’ work is in conformity with all relevant recommendations. LeoVegas’ framework and routines for ensuring protection of consumers have been assessed by a third party. The independent, industry-leading British agency eCOGRA specialises in testing, certifying, and assessing actors in the … Read more

Catena Media announces that the condition for early redemption of outstanding bonds has been fulfilled

catenamedia

Catena Media announced on 24 May 2021 in a press release that it had sent a conditional notice of early redemption relating to its outstanding bonds 2018/2022 with ISIN SE0010832154 (the “Existing Bonds”). The early redemption was conditional upon the successful settlement of EUR-denominated senior unsecured floating rate bonds (the “Condition”). Catena Media then announced on 27 May 2021 to issue senior unsecured floating rate bonds in the total amount of EUR 55m under a framework of EUR 100m and a tenor of three years … Read more

Expekt being launched anew to offer the Nordic region´s ultimate gaming experience

LeoVegas Mobile Gaming Group

In connection with LeoVegas’ completion of the acquisition of Expekt, one of northern Europe’s strongest sports betting brands in Sweden is being launched anew. The new Expekt will offer an improved gaming experience and is being launched under a new marketing concept. The investment in Expekt is part of LeoVegas’ strategic broadening of its operations towards sports betting. Today LeoVegas is completing its acquisition of Expekt, and the brand is being launched anew. The acquisition and new launch of the brand is part of LeoVegas’ … Read more

LeoVegas announces launch in the USA

LeoVegas Mobile Gaming Group

LeoVegas has entered into an agreement to launch the LeoVegas brand in New Jersey, USA. The State of New Jersey will mark the company’s first establishment in the USA. LeoVegas will launch with its proprietary technical platform to ensure a world-class gaming experience. The company expects to be able to accept its first US customers during the first half of 2022. In pace with expectations that the American market will become the world’s largest regulated gaming market, LeoVegas is now establishing operations in the USA. … Read more