Insider trading claims prompt LeoVegas AB investigation
LeoVegas AB is cooperating with the Swedish Economic Crime Authority as it investigates multiple allegations of insider trading. The firm is listed on the Nasdaq Nordic bourse.
Insider trading claims prompt LeoVegas AB investigation. LeovegAS AB is responsible for GoGoCasino.com, RoyalPanda. com, Leo vegasy.ca, LiveCasinos.co.uk and recently opened a new technology hub in Warsaw.
LeoVegas AB is behind the online sportsbetting domains at Expekt.com, Pixelbet and BetUK.
MGM Resorts International already holds a 16.37% shareholding in LeoVegas AB. LeovegAS AB's board of directors unanimously recommended the acceptance of the proposed deal.
Bill Hornbuckle is the President and Chief Executive Officer of MGM Resorts International. He believes that buying LeoVegas AB will help his company grow its reach throughout the world. Leovega AB is based in Europe.