The acquisition adds an estimated 18–20% to LCKY Group revenue and 29–31% to EBITDA on an immediate, pro-forma basis.
LCKY Group has announced an agreement to acquire RoyalCasino, an online casino operator operating exclusively within Denmark’s regulated market.
The acquisition, announced Thursday, is expected to significantly enhance LCKY’s scale and profitability, adding an estimated 18–20% to group revenue and 29–31% to EBITDA on an immediate, pro-forma basis.
“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” said CEO of LCKY Group, Richard Brown.
Gambling revenue in Denmark reached DKK714 million in August, a 25.1% increase year-on-year.
“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 realise these opportunities.”
RoyalCasino join LuckyCasino, HappyCasino, FlaxCasino, Vera&John and OneCasino as a LCKY Group brand.
‘RoyalCasino’s local expertise and LCKY’s international scale’
This acquisition strengthens LCKY’s position in Denmark, a jurisdiction characterised by a mature market, stringent regulatory oversight, and a consolidated operator base.
For LCKY, this acquisition increases the proportion of its revenues derived from regulated markets.
Per Petersen, CEO of RoyalCasino, said: “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 acquisition remains subject to customary regulatory approvals, with closing expected in the second half of 2026. Financial advisory services for RoyalCasino in the transaction were provided by Partis. Specific details regarding the purchase price and financing arrangements were not disclosed at the time of announcement.
Denmark has recently rolled out new regulatory measures called Spilpakken 1. These included a whistle-to-whistle ban on betting advertising during live sports, tighter controls on outdoor promotions and restrictions on FTP (free-to-play) bonuses.
Kathryn covers bitesize breaking news with a primary focus on EMEA and US legislation. A proud North Walian, fluent Welsh speaker and lifelong Wrexham FC fan – long before Hollywood came calling.