Gustaf Hagman steps down as LeoVegas CEO
Summary
Gustaf Hagman, the founder and long-serving CEO of LeoVegas, has officially stepped down from his position after 14 years, effective from June 16, 2025. He is succeeded by Mattias Wedar, the Deputy CEO and former Chief Technology and Product Officer, marking a significant transition for the company.
Hagman co-founded LeoVegas in 2011, leading its expansion across Europe and into the US market. He played a crucial role in the company’s acquisition by MGM Resorts in 2022 for $607 million.
Key Points
- Gustaf Hagman has stepped down as CEO of LeoVegas after 14 years in the role.
- Mattias Wedar, previously Deputy CEO, will take over leadership.
- Hagman emphasised innovation in mobile gaming and transforming the industry during his tenure.
- The company was acquired by MGM Resorts in 2022, enabling further growth.
- Wedar’s appointment aims to continue the firm’s technology-focused growth strategy.
Why should I read this?
If you’re interested in the dynamic world of iGaming and corporate leadership changes, this is a must-read! It’s not just about one man’s departure but hints at ongoing shifts in the industry and leadership that could shape the future of online gaming.
