Swedish Gambling Authority decides on warning and sanction fee for LeoVegas

LeoVegas is continually developing its policies to ensure compliance and had already before today's decision changed and updated its customer due diligence routines. LeoVegas is continually developing its policies to ensure compliance and had already before today's decision changed and updated its customer due diligence routines. LeoVegas intends to appeal today's decision in order to allow a court to review the matter and give the entire industry further guidance on how the current...
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LeoVegas is continually developing its policies to ensure compliance and had already before today's decision changed and updated its customer due diligence routines.

LeoVegas intends to appeal today's decision in order to allow a court to review the matter and give the entire industry further guidance on how the current regulation is to be interpreted.

LeoVegas has 14 brands and licences in eight separate jurisdictions. Each year the company is subject to numerous audits and reviews by local supervisory authorities and external auditors. Compliance has top priority at LeoVegas and is an area that the company is continually developing in order to meet the requirements that the regulators – but also the company itself – puts on its operations.

For further information, please contact:

Gustaf Hagman, Group CEO
+46 (0) 8 410 367 66, [email protected]

Daniel Valiollahi, Director of Communications and Public Affairs
+46 (0) 70 110 29 34, [email protected]

Philip Doftvik, Director of Investor Relations and Corporate Finance
+46 73 512 07 20, [email protected]

About LeoVegas Mobile Gaming Group:
LeoVegas vision and position is "King of Casino". The global LeoVegas Mobile Gaming Group offers casino, bingo, live casino and sports betting games. The Parent Company LeoVegas AB (publ) is domiciled in Sweden, and operations are based primarily in Malta. The company's shares are listed on Nasdaq Stockholm. www.leovegasgroup.com 

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