LCKY Group has entered into an agreement to acquire RoyalCasino as part of its expansion strategy in regulated European markets.
RoyalCasino operates exclusively in Denmark, where it has established an online casino presence within the country’s regulated iGaming sector. The acquisition is expected to strengthen LCKY Group’s position in the Danish market while increasing its exposure to regulated revenue streams in Northern Europe.
According to details released by the companies, the transaction is projected to contribute an estimated 18% to 20% increase in group revenue and a 29% to 31% increase in EBITDA once completed. The acquisition remains subject to customary regulatory approvals and is expected to close during the second half of 2026.
LCKY Group stated that the addition of RoyalCasino aligns with its multi-brand iGaming strategy, with the combined business expected to benefit from increased scale, operational efficiencies and expanded market opportunities. The deal may also create opportunities for RoyalCasino brands to launch in additional jurisdictions where LCKY Group already operates.
The acquisition reflects broader consolidation trends across the European iGaming industry, where operators continue to pursue growth through mergers and acquisitions in regulated markets. Denmark remains one of Europe’s more established regulated iGaming jurisdictions, attracting continued interest from operators seeking stable market conditions and sustainable digital revenue.
Financial advisory services for the transaction were provided to RoyalCasino by Partis.
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.”
