LeoVegas enters US market through Caesars Entertainment deal
LeoVegas has announced an agreement with Caesars Entertainment, which will allow it to offer online casino in the state of New Jersey
LeoVegas has proclaimed an correspondence with Caesars Entertainment, which will set aside it to offer up online casino inward the tell of New Jersey.
The New island of Jersey launch will brand the company’s ledger entry into the American market, and the set in motion testament be accompanied by LeoVegas’ expert platform, Rhino.
The weapons platform is exercise set to live certified by New island of Jersey regulators. Gustaf Hagman, Group CEO LeoVegas, said: “Establishing ourselves with our proprietary political platform is a strategical decision, and we cognise from other markets that having full hold o'er our technology is a cay competitive advantage.”
The operator says the sell will set aside it to establish trading operations inwards the USA, as the addressable market inwards Frederick North America continues to grow.
The understanding comes after LeoVegas reported an 8% growth inwards revenue to €96.7m ($116.3m) for the number 1 canton of 2021.
The companionship also latterly launched its have studio called Blue Guru Games by collaborating with the LeoVegas Mobile Gaming Group.
Now on cover of an increment inwards revenue and new studio, the fellowship will lot hoof in America with hopes of finding success inward a comparatively new market.
CEO Hagman added: “We are proud to finally live able-bodied to divvy up our plans to base ourselves in the USA. We consider the time and partner are right on to set in motion ‘The Billie Jean Moffitt King of Casino’ inward the USA.”
He continued to say that the US securities industry has “immense” ontogenesis possible and, with players discovering online gaming, LeoVegas will focussing on offering a gaming go through directly on wandering phones.