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LeoVegas AB: Migration of Royal Panda completed

29 April 2021

(PRESS RELEASE) -- The previously communicated migration of the Royal Panda brand to the Group’s technical platform has now been successfully completed and is expected to lead to additional economies of scale and other benefits for the Group. All of the Group’s wholly owned brands are now run on the joint-Group platform.

The technical migration of Royal Panda will result in a more focused and efficient operation that fully benefits from economies of scale in technology, products and organization. Having a single platform decrease the complexity of operating activities, and the Group’s own technology organization minimizes redundant work that is required when operating and running several technical platforms. The advantage of LeoVegas’ multibrand support is that Royal Panda will be able to retain its own profile, look and feel, even though the brand uses the same technical platform as the Group’s other wholly owned brands.

Royal Panda’s gaming experience will be significantly improved through a faster and better mobile solution and an expanded offering of casino games, an improved sports betting experience, and a larger number of payment options. Even internally developed innovations, such as LeoVegas’ Open Banking technology and the record-large jackpot, LeoJackpot, are now available to Royal Panda players.

“Being able to run all brands on one and the same platform is a milestone in the company’s history,” says Gustaf Hagman, Group CEO. “I want to strongly commend all of the teams that made this possible. I am eager to see how we can now free up resources and speed up the pace of our other growth initiatives and how all of Royal Panda’s customers can now fully benefit from the best gaming experience there is.”

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