Gustaf Hagman steps down as LeoVegas CEO
Summary
Gustaf Hagman has stepped down as CEO of LeoVegas after an impressive 14-year run. Mattias Wedar, the deputy CEO and former chief technology and product officer, will take over the role. LeoVegas, a well-known Swedish online gaming operator, was founded by Hagman in 2011 and has seen significant and successful expansion in Europe.
Key Points
- Hagman co-founded LeoVegas in 2011, facilitating significant growth in the gaming sector.
- MGM Resorts acquired LeoVegas for $607 million in 2022, enhancing its European footprint.
- Mattias Wedar has been appointed as the new CEO, aiming to propel the company’s global growth.
- Hagman’s legacy includes a focus on innovation in mobile gaming.
- Wedar’s background includes leadership roles at Gametek and Eniro.
Why should I read this?
If you’re invested in the iGaming world, this shift is significant. Gustaf Hagman’s departure marks the end of an era for a leading brand in online gaming. With Wedar stepping in, it’s worth keeping an eye on how LeoVegas pivots under new leadership, especially given its recent strategic moves in the market.