LeoVegas executive outlines selective growth strategy in regulated markets
LeoVegas CFO Stefan Nelson said the operator is taking a more localised approach to growth as regulated markets face higher taxes, stricter compliance and competition from unlicensed operators. He said LeoVegas remains largely independent following its acquisition by MGM Resorts and will prioritise selective acquisitions, compliant businesses and strong local positions.
Operators in regulated markets face rising costs and may need to compete through local market share gains.