LCKY Group completes acquisition of Denmark-focused RoyalCasino in August
Deal closed after approvals; group forecasts double-digit revenue and EBITDA uplift
Key Takeaways
- LCKY Group completed the acquisition of RoyalCasino in August after receiving required approvals.
- RoyalCasino operates exclusively in Denmark and adds scale to LCKY's regulated-market portfolio.
- LCKY forecasts an 18–20% increase in group revenue and a 29–31% uplift in EBITDA from the deal.
- The acquisition follows an agreement reached earlier in 2026 and will help RoyalCasino launch brands in other markets.
LCKY Group completed its acquisition of RoyalCasino in August after securing the required approvals, the company said. The transaction follows an agreement reached earlier this year and brings the Denmark-focused online casino operator into LCKY's brand portfolio.
Deal background
RoyalCasino operates exclusively in Denmark and was acquired by LCKY Group with regulatory sign-off completed prior to closing in August. LCKY described the business as providing “meaningful scale” in the Danish market and said the purchase aligns with its strategy of expanding in regulated jurisdictions. The company also said the acquisition will support RoyalCasino in launching its brands in other markets.
Financial impact and guidance
LCKY Group forecast the deal will deliver an 18–20% increase in group revenue and a 29–31% increase in EBITDA for the group. Those uplift ranges were released alongside the completion announcement.
Executive comments
“The acquisition of RoyalCasino 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,” said Richard Brown, CEO of LCKY Group.
“RoyalCasino is one of the largest online casino operators in Denmark, a market characterised by its high levels of innovation and competition,” said Per Petersen, CEO of RoyalCasino. “We see the combination of our local expertise and LCKY’s scale and pedigree as a great recipe for shared success, and we’re thrilled to now be able to introduce them to our Danish customers.”
Frequently Asked Questions
When did LCKY Group complete the acquisition of RoyalCasino?
The acquisition was completed in August after the companies secured the required approvals; the firms had reached the agreement earlier this year.
What market does RoyalCasino serve?
RoyalCasino operates exclusively in Denmark and is described by LCKY as bringing meaningful scale in the Danish market.
What financial uplift does LCKY expect from the deal?
LCKY Group forecasts an 18–20% increase in group revenue and a 29–31% increase in EBITDA as a result of the acquisition.
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About the author
Marcus Webb
Industry Deals Correspondent
Marcus Webb covers the deal flow of the gambling industry — operator strategy, M&A, market entries, and product launches from sportsbook rebrands to full platform migrations. The reports name the companies, valuations, and jurisdictions exactly as disclosed and separate the announcement from its market impact. When a group consolidates a brand or a challenger launches into a new state, Marcus Webb explains who gains, who pays, and what closes next quarter.
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