From a totally unknown brand, from 2012 till now LeoVegas became the fastest growing gaming company and one of the leaders in mobile casino market. The online casino operator LeoVegas these days has been allowed for listing on the Nasdaq Stockholm market from Nasdaq Stockholm's listing committee.
Nasdaq: NDAQ is a global provider of listing, trading, exchange technology, clearing, information and public company services. Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion.
The company has affirmed that 2 February will be the last trading day on the Swedish First North Premier stock market, and on the other side, 5 February will be the first trading day on Nasdaq Stockholm.
However, to gain listing approval there are some standard legal conditions that need to be fulfilled by the first day of trading on Nasdaq Stockholm.
With the approval of listing, the company is able to create money for eventual mergers & acquisitions and opens it up to investment from international investment funds.
With Economic studies at Stockholm´s University, School of Business and over 20 years of experience in entrepreneurship and the online gaming industry and has previously built organizations with over 100 employees. Before he co-founded LeoVegas, and before was CEO of the listed company Net Gaming AB. He also founded and was CEO of Eurobet Nordic AB. As the group's CEO, he works with the company's strategy and planning. It is his duty to lead the company and to handle stock market-related questions and to ensure that LeoVegas achieves the goals that the board and the owners have set up. The present LeoVegas AB Group CEO, Gustaf Hagman according to the news said: "This change in listing can be credited to a strong team effort by everyone at LeoVegas, and I want to take this opportunity to express extra praise to my team for the hard work they have done to bring this across the finish line.
“The change in listing strengthens the Group and gives us an even better quality seal in our communication and cooperation with authorities, licensors and partners. For institutional investors - both in Sweden but even more so abroad - we will become more accessible and attractive as a company. Today is a big day for LeoVegas and yet another step in our ongoing journey of growth."