LeoVegas picks up Irish sportsbook licence
Stockholm-listed operator to launch sports betting product in Q1
LeoVegas has announced plans to launch its sportsbook in Ireland after earning a new licence from the Republic of Ireland National Excise License Office.
The operator is already live in Ireland with its mobile casino but will expand its offering with a sports betting launch in Q1 following the new licensure.
Sportsbook growth has been a strategic priority for the Stockholm-listed operator in recent months, with the company launching in Denmark and signing a sponsorship deal with the Leicester Tigers to promote it in the UK.
“LeoVegas continues to grow in regulated markets,” said Gustaf Hagman, group CEO and LeoVegas co-founder.
“The fact that we have in a short time been granted licences in two regulated markets shows that we are delivering in accordance with our expansion strategy.
“But it also shows that we have high capacity and quality in our organisation and in the work, we do. I am convinced that our market-leading sport product will contribute to strong growth in Ireland.”
With the market clearance LeoVegas now has licences in Malta, the UK, Denmark and Ireland.
The Irish online gaming market was worth an estimated £880m in 2016, according to H2 Gaming Capital.