Award-winning leading European online mobile casino LeoVegas has announced to their investors and stakeholders that they have been approved a ‘Remote Operator License’ for sports betting by the Irish Revenue Commissioners, which is the regulatory body for all forms of gambling in Ireland.
The Stockholm Nasdaq-listed company next move will be to start marketing and advertising the relaunch of its betting services within the regulated Irish market which is expected to take place in the first quarter of 2017.
The estimated Irish market worth was around £800 million in 2016
according to H2 Gaming Capital. LeoVegas governance declared that they seek to become a leading brand within a competitive consumer marketplace increasing its profile and launching its full service for the Irish betting market. This is their first step towards achieving this vision.
LeoVegas launch in Ireland now sees them operating in a number of regulated markets which include the UK, Denmark and Malta, with their operations being based in Malta and technical development conducted in Sweden.
Group CEO and LeoVegas co-founder Gustaf Hagman commented: “LeoVegas continues to grow in regulated markets. 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 sports product will contribute to strong growth in Ireland.”