LeoVegas Group has begun a three-day celebration to mark its 10-year anniversary conference, with almost 900 employees from offices across the globe taking part to celebrate the Group’s success story.
This comes at a time when LeoVegas is embarking on its next chapter following its acquisition by MGM Resorts International. Malta’s Minister for the Economy and Industry, Silvio Schembri, who has the country’s iGaming and gaming sector within his portfolio, was among the eminent guest speakers opening the conference on Thursday morning.
LeoVegas Group was founded in Stockholm, Sweden, in 2012 and quickly opened an office in Malta to benefit from local expertise in the world’s leading iGaming hub. Since then, LeoVegas Group has grown rapidly, with the Malta office playing a key role in the Group’s global expansion. Over 600 employees today call Malta home with headcount increasing, making LeoVegas Group one of the island’s largest iGaming employers.
Gustaf Hagman, CEO at LeoVegas Group said “Ten years ago, there were just a couple of us in a Stockholm apartment, trying to go live with this new mobile-focused, online casino website. Today, I have more than a thousand colleagues and our mobile casino is available across the world. We have had an amazing decade-long relationship with Malta, and I’m looking forward to celebrating our anniversary on the island that has been so instrumental to our success. We are committed to increasing our presence in Malta, and have lots of exciting things in the pipeline as we start a new chapter together with MGM.”
Stefan Nelson, CFO and newly-appointed Managing Director at LeoVegas Malta, added “I can’t wait to welcome all our colleagues to this beautiful island that I call home. The importance of Malta in LeoVegas Group’s history can’t be underestimated, and our dedication to the Maltese igaming hub remains strong. We are about to embark on a global journey with MGM, and the ever-growing Malta office will play a key part in this roaring success”.
In May 2022, MGM Resorts International made a USD 606 million public bid on LeoVegas. By the end of August, MGM had acquired 96 percent of the shares and the Group subsequently applied for a delisting from Nasdaq Stockholm. As part of MGM Resorts International, LeoVegas will accelerate its digital growth and expand its global presence. The Malta office will continue to play an important role in operations and technology development, ensuring that players enjoy the greatest iGaming experience across the Group’s brands.
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