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LCKY Group Announces Acquisition of RoyalCasino

LCKY Group today announced that it has entered into an agreement to acquire RoyalCasino, a successful and established Denmark-focused iGaming operator. The acquisition adds meaningful scale in a highly attractive and complementary regulated market, reinforcing LCKY Group’s strategy of disciplined, value-accretive expansion.

RoyalCasino operates exclusively in Denmark, where it has established a strong and defensible market position. The acquisition significantly deepens LCKY Group’s presence in Denmark and enhances the Group’s overall geographic mix through increased exposure to sustainable revenue streams in a well-regulated and stable jurisdiction.

The transaction is expected to be immediately accretive, contributing an estimated:

• 18–20% increase in Group revenue

• 29–31% increase in EBITDA

The addition of RoyalCasino enhances LCKY Group’s scale, improving operating leverage and strengthening its ability to drive long-term shareholder value.

The acquisition supports LCKY Group’s multi-brand strategy, creating opportunities to further optimize brand positioning within the Danish market, and enables RoyalCasino to launch its brands in additional markets. Increased scale and combined expertise are expected to unlock opportunities that will drive continued product enhancement, improved customer value proposition, and more efficient go-to-market execution.

Richard Brown, CEO of LCKY Group, said:

“This is a highly strategic and financially compelling acquisition for LCKY Group. RoyalCasino brings both strong market presence and high-quality earnings in Denmark, a market that aligns closely with our focus on regulated, sustainable growth.

The transaction enhances our scale, strengthens our competitive position, and provides clear opportunities to drive synergies and long-term value creation. We look forward to working closely with the RoyalCasino team to realize these opportunities.”

Per Petersen, CEO of RoyalCasino, said:

“RoyalCasino is one of the largest online casino operators in Denmark, a market known as both well-regulated and high-value. Our industry is characterised by high levels of innovation and competition, and here we see the combination of RoyalCasino's local expertise and LCKY's international scale and iGaming pedigree as an excellent recipe for shared success. We look forward to introducing LCKY to our Danish customer base.”

The transaction is subject to customary regulatory approvals and is expected to close in the second half of 2026. Partis acted as financial advisors to RoyalCasino for this transaction.