Gustaf Hagman steps down as LeoVegas CEO
Summary
Gustaf Hagman has officially stepped down as CEO of LeoVegas after 14 years, a significant shift for the company he co-founded. Mattias Wedar, the Deputy CEO and former chief technology officer, is set to take over the leading role moving forward.
Key Points
- Gustaf Hagman resigned after 14 years at the helm of LeoVegas.
- Mattias Wedar will step in as the new CEO, bringing extensive experience from his role as Deputy CEO and chief product and technology officer.
- The transition comes after LeoVegas was acquired by MGM Resorts for $607 million.
- Under Hagman’s leadership, the company expanded into international markets and solidified its technological infrastructure.
- Wedar aims to further enhance the company’s technology-driven approach and global growth.
Why should I read this?
If you’re keeping an eye on the evolving landscape of the iGaming industry, this move marks a critical change at one of its key players. With MGM Resorts backing LeoVegas, the strategic direction under new leadership could impact market dynamics significantly. Understanding Hagman’s legacy and Wedar’s vision for the company is essential if you want to grasp where the sector is heading.