LeoVegas has recently entered into an agreement to sell its live casino arm to behemoth gambling operator Genting for a whopping €15 million. Authentic Gaming, the B2B live casino business of LeoVegas, is reportedly set to earn its previous owner a return of over 100 percent. This is very impressive especially considering how profitable the business has been – for the three months leading up to June 30, the business generated close to €1 million. For the past three years, the live casino business has been operating as an independent division of LeoVegas. Its operations were funded by LeoVentures, the… Read More
Genting Buys LeoVegas’ Live Casino Business for €15 Million
November 4, 2019