LeoVegas Group Secures Dutch Gaming License!

Another piece of important news resounds in the industry after the popular B2B brand, LeoVegas, managed to guarantee its new approval! The iGaming industry has experienced a boom in the past few years, and many providers and operators who offer thrilling games to their players across the globe have entered the online gambling scene.

However, each market brings something different, and one of them is the Dutch market, which was reregulated relatively recently. Since then, several B2B brands have applied for the license that is necessary to be able to operate in this country.

Entering a Promising Market!

LeoVegas Group announced it is ready to present its offering in the Netherlands thanks to the latest permit!

The new license was issued by the Dutch regulatory body KSA (Kansspelautoriteit), and thanks to it, the company will get to deliver its casino, live casino, and sports betting to the Dutch market! The license is valid for the next 5 years.

Gustaf Hagman, CEO of LeoVegas Group, commented:“LeoVegas Group has been granted a gaming license in the rapidly growing Dutch market! We are thrilled to look to the future and fully focus on resuming our Dutch journey: the Netherlands has great potential and we look forward to it becoming an important market in our global growth journey.”

More on the Brand and Market!

Founded in 2011 in Sweden, LeoVegas quickly rose to fame as the “King of Mobile Casinos,” setting a precedent for excellence in mobile gaming. With its sleek design, -friendly interface, and vast array of games, the operator has transformed the way people experience online casinos on their smartphones and tablets.

But LeoVegas didn’t stop there; recognizing the ever-changing demands of the gaming community, it embarked on a mission to provide a top-notch, all-encoming gaming experience. This led to the expansion of its portfolio, covering everything from online slots, table games, and live casinos to sports betting and beyond.

The Dutch iGaming market is a vibrant and dynamic terrain that is undergoing noteworthy transformations. With a strong affinity for online entertainment and a tech-savvy population, the Netherlands has emerged as a promising hub for iGaming operators.

For years, Dutch players have been drawn to foreign online casinos, sportsbooks, and poker sites, as the local market was not yet fully regulated. However, this changed in 2021 when the Dutch government introduced the Remote Gambling Act, paving the way for a legal and regulated iGaming industry.

The new legislation aims to strike a delicate balance between providing a safe and responsible gaming environment and generating revenue for the state. As a result, international operators are eager to obtain licenses to tap into this lucrative market officially.

Source:

”LeoVegas Group granted a gaming license in the Netherlands”, europeangaming.eu, July 19, 2023.