In order for a gaming platform to have considerable growth, directors often choose to open the company's capital to external buyers. This happened with LeoVegas, but do you know who the biggest shareholders and investors of the brand are?

Anyone who thinks that it is only the founders of LeoVegas who have a privileged position is mistaken. The truth is that there are other companies involved, which help keep the site always current and interesting.

Continue reading and get to know who are the largest shareholders and investors of LeoVegas!

The LeoVegas gaming platform

Founded in 2011, the LeoVegas betting site it has established itself as one of the most complete and popular platforms today.

Since its launch, the brand has prized investments in technology, especially when we talk about gaming experience on smartphones and tablets.

In 2016, as a strategy of growth and global reach, LeoVegas opened its capital for the purchase and sale of shares. And since then, he's made some interesting partnerships. But who are the shareholders and investors of LeoVegas?

The 5 biggest investors in LeoVegas

There are more than 20 shareholders in LeoVegas. However, some investors gain more prominence for the amount of shares they have acquired. Thanks to this, these people or companies also have a more active voice in the decision-making of the company.

In case you are curious, we have listed below the 5 largest investors of LeoVegas. Check it out!

1. MGM Resorts International

This is an American company, specializing in the field of Tourism and entertainment. Many people know MGM from the resorts and casinos of Las Vegas, but the brand extends its business to other locations and countries.

In LeoVegas, MGM Resorts International owns 10.27% of the shares.

2. Gustaf Hagman

Gustaf Hagman he is one of the founders of LeoVegas, today CEO of the brand. He is a graduate of Stockholm University, Sweden, and has been at the helm of the company for more than 10 years.

Hagman owns 7.92% of LeoVegas shares. The co-founder of the brand, Robin Ramm-Ericson, also has some shares, but in a smaller amount.

3. Alta Fox Capital

It is an alternative asset management company based in the United States. In its day to day, the company locates opportunities in businesses different from traditional ones, to generate interesting profits for its customers.

At LeoVegas, Alta Fox Capital holds 4.96% of the shares.

4. Magnetar Financial LLC

This is also a financial investment company, which brings alternative options to its clients, whether in the field of gaming, energy or new businesses.

Magnetar Financial owns 4.96% of the shares.

5. Torsten Söderberg and family

Finally, among the largest shareholders and investors of LeoVegas we have a philanthropic foundation from Sweden, which uses its resources and profits to subsidize important research in different sectors.

This foundation owns 4.46% of LeoVegas shares.

What about the other shareholders?

If by knowing the main shareholders and investors of LeoVegas you were curious to know more, in the table below you can find the 20 largest associates.

This table was created from information from the LeoVegas website.

Shareholder / Investor

Number of shares

% of Capital and votes

1

MGM Resorts International

10,437,832

10.27%

2

Gustaf Hagman

8,050,000

7.92%

3

Alta Fox Capital

5,042,076

4.96%

4

Magnetar Financial LLC

5,042,076

4.96%

5

Torsten Söderberg med familj

4,533,861

4.46%

6

Avanza Pension

4,049,938

3.98%

7

LeoVegas AB (publ)

4,000,000

3.93%

8

LOYS AG

3,744,281

3.68%

9

Erlinghundra AB

3,363,048

3.31%

10

Robin Ramm-Ericson

2,250,000

2.21%

11

Philipp Engelbert

1,767,480

1.74%

12

The Sundt

1,700,000

1.67%

13

Nordnet Pension Insurance

1,686,796

1.66%

14

Graffe Holding AB

1,486,361

1.46%

15

Erik Selin

1,237,464

1.22%

16

Man FRM

1,224,709

1.20%

17

TIAA-Teachers Advisors

1,139,861

1.12%

18

Futur Pension

1,081,706

1.06%

19

Dimensional Fund Advisors

1,019,739

1.00%

20

Pontus Hagnö

1,000,000

0.98%

Is a publicly traded gaming site any good?

Now that you already know the largest shareholders and investors of LeoVegas, you may be wondering whether it is good or bad to bet on a publicly traded website.

And the truth is that there is no definition for it. A publicly traded website certainly has less risk of financial problems, but there are several privately held platforms that operate with a great track record and are reliable.

The most important thing when betting is to make sure the security of the platform and find out if it suits your style of play!