LeoVegas ramps up esports investment

Mobile casino operator increases stake from 51% to 85% after esports growth during Covid-19

LeoVegas has increased its investment in Malta-based esports betting operator by 34%, taking its stake in the business to 85%. Financial terms of the additional investment were not disclosed, however EGR understands it was an option taken up by LeoVegas relating to the initial acquisition. LeoVegas acquired 51% of Pixel Holding Group Limited in…

Esports | Esports betting | Finance | Gustaf Hagman | Investment | LeoVegas | | Sports betting