LCKY Group has entered into an agreement to acquire RoyalCasino, an online casino in the Danish market.
This acquisition supports the multi-brand strategy from LCKY Group, while also strengthening the company’s presence in Denmark.
Richard Brown, LCKY Group CEO, 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 realise these opportunities.”
LCKY Group believes the acquisition will be “immediately accretive” and will contribute between 18-20% in revenue, as well as 29-31% in EBITDA.
The acquisition is subject to customary regulatory approvals and is expected to close in the second half of 2026.
This is one of the first major business developments following LCKY Group's rebranding that occurred earlier this year.
Previously known as Glitnor, the company rebranded to more closely align with its consumer casino brands and its in-house studio, Swintt, as it prepared for international expansion.
Per Petersen, RoyalCasino CEO, 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.”
RoyalCasino was established in 2016 and operates the brands KapowCasino, ValhallaCasino and the titular RoyalCasino