LCKY Group completes acquisition of Denmark-facing operator RoyalCasino
Deal closed in August after approvals; LCKY forecasts an 18–20% revenue lift and 29–31% EBITDA uplift for the group.
LCKY Group has completed its acquisition of RoyalCasino, adding the Denmark-focused online casino operator to its brand portfolio after securing the required approvals. The company said the transaction followed an agreement reached earlier this year and was completed in August.
LCKY Group said RoyalCasino operates exclusively in Denmark and brings “meaningful scale” in the market, aligning with its strategy of expanding in regulated jurisdictions.
The company forecasts the acquisition will deliver an 18–20% increase in group revenue and a 29–31% increase in EBITDA. LCKY Group also said the deal will support RoyalCasino in launching its brands in other markets.
Richard Brown, CEO of LCKY Group, said: “The acquisition of RoyalCasino enhances our scale and provides clear opportunities to strengthen our presence in Denmark, a market that aligns closely with our focus on regulated, sustainable growth. We look forward to working closely with RoyalCasino to realise those opportunities and drive synergies that can create long-term value.”
Per Petersen, CEO of RoyalCasino, said: “RoyalCasino is one of the largest online casino operators in Denmark, a market characterised by its high levels of innovation and competition. We see the combination of our local expertise and LCKY’s scale and pedigree as a great recipe for shared success, and we’re thrilled to now be able to introduce them to our Danish customers.”