LCKY Group has agreed to acquire Denmark-facing operator RoyalCasino. The deal expands the group’s position in the regulated Danish online gambling market. LCKY RoyalCasino acquisition is expected to close in the second half of 2026.
- LCKY Group said the acquisition will increase group revenue by an estimated 18% to 20%. EBITDA is projected to rise by around 29% to 31% on an immediate pro-forma basis. The company said the transaction adds scale in a regulated European market.
- RoyalCasino operates exclusively in Denmark and focuses on online casino activities. LCKY Group said the acquisition improves its geographic revenue mix through greater exposure to Denmark. The LCKY RoyalCasino acquisition also supports the company’s multi-brand strategy.
- LCKY said the transaction could create opportunities to optimise brand positioning in Denmark. RoyalCasino brands may also be introduced into additional markets after completion. The companies added that larger scale could support product development and more efficient market execution.
- Richard Brown, CEO of LCKY Group, described the deal as “a highly strategic and financially compelling acquisition for LCKY Group.” He said RoyalCasino adds “strong market presence and high-quality earnings in Denmark.” Brown also pointed to opportunities for synergies and long-term value creation following the acquisition.
- Per Petersen, CEO of RoyalCasino, said the operator is “one of the largest online casino operators in Denmark.” The companies confirmed the transaction remains subject to customary regulatory approvals, while Partis acted as financial advisor to RoyalCasino.
Please find more news here.
powered by