🎲 LeoVegas Gaming PLC

This company is a remote gambling operator licensed by the Gambling Commission in Great Britain. It offers online betting and gaming products including casino and sports betting and holds an active operating licence. It forms part of the LeoVegas Group, which was founded in 2011.

The wider group was established in Sweden in 2011 by Gustaf Hagman and Robin Ramm‑Ericson, with a focus on mobile gambling products. The group launched its mobile casino platform in 2012 and subsequently expanded into online sports betting through the launch of LeoVegas Sport in 2016. The parent group was previously listed on Nasdaq Stockholm and, following a public offer announced in 2022, became wholly owned by MGM Resorts International.

Within the group structure, operational and licensing responsibilities are divided between several entities. Group‑level management and strategy are overseen by LeoVegas Group, while LeoVegas Gaming entities hold key gambling licences in various jurisdictions and Gears of Leo provides technical development services. The group has expanded through acquisitions of other gambling brands and companies, including Royal Panda in 2017 and the Italian operator Winga s.r.l. in 2017, and has also taken stakes in businesses connected to casino streaming and esports betting.

Licensing and Operations

This operator holds a Gambling Commission operating licence for remote gambling in Great Britain. Under this licence it is authorised to offer online gambling products to customers in Great Britain, including casino-style games and betting services, subject to the specific activities and licence conditions set out in the public register.

The operating licence permits the provision of facilities for remote gambling via websites and mobile applications, using equipment located in approved jurisdictions. As an operating licence holder, the company is required to comply with the Licence Conditions and Codes of Practice (LCCP), including requirements relating to customer identity verification, anti‑money laundering controls, marketing, fair and open terms, and customer interaction.

The group holds additional licences in other regulated markets outside Great Britain, including Sweden, Denmark, Italy, Spain and Ontario, allowing it to offer online gambling services in those jurisdictions under local regulatory frameworks. These non‑GB licences are separate from, and operate alongside, the Gambling Commission licence.

Regulatory History

The company has been subject to regulatory action by the Gambling Commission in relation to social responsibility and anti‑money laundering controls.

In May 2018, the Gambling Commission announced that the operator would pay a regulatory settlement following findings that it had allowed customers to gamble without sufficient checks and had published misleading advertising. The settlement included a financial penalty and commitments to improve systems and controls.

In August 2022, the Gambling Commission imposed a financial penalty and additional licence conditions on the business after an investigation identified failures in social responsibility and anti‑money laundering measures. The action related to the adequacy of customer monitoring, affordability checks and source of funds checks during a specified review period.

Following these actions, the company has remained licensed and continues to operate under the oversight of the Gambling Commission, subject to the licence conditions and any additional specific conditions imposed as a result of regulatory investigations.