Leovegas Will Go To The Spanish Market
Specializing in mobile casino leovegas stated online casino market and spain sports rates in early 2019.
Leevegas general director gustav hugman announced that the company filed an application for licenses for bookmakers and online casino to the spanish ignote regulator (dgoj). Exit to the spanish market is scheduled for the first quarter of 2019.
Hagman notic that leovegas «effectively adapts business to adjustable markets regardless of language and rules». He also noted that spanish uses about 470 million people worldwide, so the upcoming launch of leovegas in spain will be the first step to expand on other hispanic markets».
Leovegas recently receiveed a new swedish license. Also firm licensed in denmark, ireland, italy, in malta and in the uk. Recently, the company has warned investors that the increase in costs of compliance with regulatory requirements in its regulated market operations has «negative impact on growth», what led to a sharp drop in its shares.
While leovegas is preparing to launch in spain, the french poker operator winamax, who in july launched his site in the territory of this state, does not yet indicate when he plans to add betting to its proposal, although earlier received a license for this type of activity.
The austrian group sks365 also recently received permission to gambling activities for the flagship brand planetwin365.
Recall that leovegas has submitted a formal complaint against the european commission regarding newly introduced laws to combat gambling advertising in italy.