LCKY Group acquires RoyalCasino to dominate Denmark's iGaming market
LCKY Group has announced plans to acquire RoyalCasino, a leading Danish iGaming operator. The deal expands the company’s presence in Europe and builds on its existing portfolio of online casinos. Financial details of the transaction remain undisclosed. RoyalCasino brings a solid market position in Denmark, known for its strong earnings and local expertise. The acquisition is projected to increase LCKY Group’s revenue by 18-20% and EBITDA by 29-31%. This growth will strengthen the group’s competitive edge in the regulated European market.
Per Petersen, CEO of RoyalCasino, highlighted the benefits of combining his company’s local knowledge with LCKY’s global scale. He called it an 'excellent recipe for shared success'. Richard Brown, CEO of LCKY Group, described the move as 'highly strategic and financially compelling'.
The deal adds RoyalCasino to LCKY’s existing brands, which include LuckyCasino, HappyCasino, Vera&John, and FlaxCasino. The group also owns B2B gaming supplier Swintt and investment arm Glitnor Ventures. With this acquisition, LCKY Group broadens its footprint in Europe’s regulated iGaming sector. The integration of RoyalCasino is set to enhance the group’s financial performance and market reach. The transaction reflects a continued push for expansion in competitive gaming markets.
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