Gustaf Hagman steps down as LeoVegas CEO

Gustaf Hagman steps down as LeoVegas CEO

Summary

Gustaf Hagman has officially stepped down as the CEO of LeoVegas after a significant 14-year tenure. He co-founded the Swedish company in 2011 and has seen it grow into a major player in the online gaming sector. Mattias Wedar, previously the deputy CEO, will take over the role.

Under Hagman’s leadership, LeoVegas expanded across Europe, and in 2022, was acquired by MGM Resorts for $607 million. Wedar aims to continue this growth trajectory and enhance the company’s technology-driven focus.

Source: https://tgbstg01.wpenginepowered.com/gustaf-hagman-13/

Key Points

  • Gustaf Hagman steps down after 14 years as CEO of LeoVegas.
  • Co-founder of LeoVegas, which has grown significantly in the online gaming market.
  • Mattias Wedar, the previous deputy CEO, will assume the role of CEO.
  • LeoVegas was acquired by MGM Resorts in 2022 for $607 million.
  • The company has plans to accelerate global growth and focus on technology.

Why should I read this?

If you’re keeping an eye on the iGaming sector, this article is a must-read! The leadership change at LeoVegas is set to influence the company’s direction and its future in a competitive market. Whether you’re an investor, industry professional, or just curious about the evolving landscape of online gaming, this piece breaks down a significant shift in leadership that could impact the whole sector.

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