LeoVegas CEO Gustaf Hagman is stepping down from his leadership position at the global online casino after overseeing a period of expansion for its sports betting division.
The Sweden-based, MGM International-owned company confirmed Hagman’s departure today (16 June), while also announcing that Deputy CEO Mattias Wedar will be stepping into the chief position.
Hagman was one of the Co-Founders of LeoVegas alongside Robin Ramm-Ericson in 2011 and has led the firm as CEO for the preceding 14 years, turning it into one of the leading gaming firms in Sweden’s post-2019 re-regulated iGaming market.
This decade-and-a-half subsequently saw the company expand from its founding market of Sweden to cover the rest of Nordics, the UK, and other European markets like the Netherlands, which the firm returned to back in 2023.
