LCKY Group closes RoyalCasino deal, expanding into Denmark
The multi-brand operator has completed its takeover of Danish casino RoyalCasino, first agreed in May, as it builds out a portfolio that already spans the Netherlands, Sweden and Spain.
LCKY Group has confirmed the completion of its acquisition of RoyalCasino, adding a Danish-facing casino brand to a portfolio that already includes LuckyCasino, OneCasino and HappyCasino, according to EGR.
The deal, first announced in May, closed in August once all required regulatory approvals were secured, the company said in a statement reported by EGR. LCKY Group added that the two businesses are already working through a post-merger integration plan.
LCKY Group operates across several regulated markets, including the Netherlands, Sweden and Spain, where LuckyCasino launched in April.
The company said RoyalCasino is forecast to lift group revenue by 18% to 20% year-on-year and increase EBITDA by 29% to 31% for the full 2026 financial year.
LCKY Group chief executive Richard Brown said the acquisition "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."
RoyalCasino chief executive Per Petersen described the business as one of the largest online casino operators in Denmark, calling it a market "characterised by its high levels of innovation and competition." He added that the company sees "the combination of our local expertise and LCKY's scale and pedigree as a great recipe for shared success" and said RoyalCasino was looking forward to introducing LCKY's offering to its Danish customer base.
LCKY Group was formerly known as Glitnor Group before its rebrand, a change Brown discussed with EGR alongside the thinking behind the RoyalCasino purchase.
The completion lands as Danish lawmakers consider a bill introduced in October that would amend the Danish Gambling Act with wide-ranging advertising restrictions. Danish gambling lawyer Morten Ronde set out the potential implications of the proposed reforms in an op-ed for EGR.