One of the UK and Europe’s top iGaming brands Leo Vegas is going from strength to strength as the casino, which runs a propriety gaming platform, just formed a formidable and game-changing partnership with Caesars Entertainment Inc to go live with Leo Vegas USA!
What a deal this is for a brand that has slowly but surely built a solid reputation across the globe in just about every region bar the USA. Leo Vegas is popular in Canada, New Zealand, Africa, India, the UK, Ireland, across most of Europe, and is sure to crack the US market with ease! We say with ease because this is one casino brand that could really spice up the New Jersey iGaming market in what is currently a market access deal whereby Caesars Entertainment Inc will use the Leo Vegas casino platform.
One thing you can bet your last dollar on is that bringing the Leo Vegas platform to the Garden State will have an impact on the market. Why? Because there is no other platform in the country like it, and with the firm already doing business with the likes of Evolution in the UK and Europe (and Caesars already having a US deal with Evolution in Pennsylvania), the casino will surely feature live casino titles from both Evolution’s flagship brand name and its subsidiary brand Ezugi.
Since the new deal was announced by Leo Vegas and Caesars Entertainment Inc, share prices in the LeoVegas AB (STO:LEO) rose by over 2 and a half percent, which comes as no surprise because the firm is now entering a market that only has access to around 50 million citizens with the potential for another 250 million people to come online as states relax their online gambling laws!
LeoVegas is listed on the NASDAQ Stockholm where Evolution is also floated, and prior to Evolution’s purchase, NetEnt was also on the NASDAQ Stockholm – a stock exchange that bread iGaming firms!
Positive Comments from Leo Vegas Group Chief Exec
Of course, Leo Vegas chief executive Gustaf Hagman only had good words to say about the move mentioning how proud he is to move the company into the US market. And he referred to the firm’s new partner Caesars Entertainment Inc by its long time nickname the USA’s ‘The King of Casino’! Although troubled by the siege of lockdowns across its multiple land-based establishments, Caesars Entertainment is the perfect partner if you want to hit the US online gambling scene!
Hagman also continued with how he and the brand see the huge potential the US iGaming market has to offer. Something that will no doubt please investors in Leo Vegas shares as it is clear that Leo Vegas as a company sees this as the first step or foot in the door while there is a clear intention to expand within the US market alongside its continued growth!
What makes this deal unique for the US market? No other company has access to the Leo Vegas proprietary platform, while many of the other casinos use a vanilla or common platform from aggregators that offer the same casino platform but under multiple brand names. In the case of Leo Vegas, it will bring its one-of-a-kind unique casino offering to the USA!