Published
Casino

LeoVegas nominates Per Norman as new Chairman

LeoVegas has announced it is proposing Per Norman to become its new Chairman of the board.

LeoVegas

The former Mr Green CEO would replace Mårten Forste, who declined re-election, but announced in January he will take up the position of Group COO, to oversee the firm’s Maltese operations.

If accepted, Norman would take up the position of Chairman after May’s annual general meeting (AGM), after the operator provided notice of the meeting, which will be held 8 May in Stockholm.

Norman is currently the Senior Advisor and Chairman of consulting firm Red Jade; apart from his time at Mr Green, he has held roles such as Deputy CEO for media company Modern Times Group and CEO for Boxer TV Access.

Among the items on the AGM agenda is the proposal that SEK 1.40 ($0.14) per share is distributed to the shareholders as dividend, from a total of SEK 142,314,158, working out at 5% of yield based on the closing price of SEK 26.28 per share on Friday.

Last month, LeoVegas announced its revenue was €87.1m ($96m) for Q4 2019, a rise of 3% year-on-year; earlier this month, the operator reported the coronavirus outbreak has had little disruption on its casino business.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Crown Melbourne
Resorts World Las Vegas
Crown Melbourne
Global Gaming Women
Svenska Spel
Follow Us

Facing facts: FY revenue figures reflect a turbulent '24

Who soared high and who fell behind in 2024? Gambling Inside...

Taking stock: Moving through to Q2

Gambling Insider tracks online casino operator and supplier...

Preview: This year's Global Gaming Awards Asia-Pacific and Americas

It’s that time of year once again, as the Global Gaming Aw...

Costa Rica: Effective regulation is the industry's path forward

Gambling Insider Senior Staff Writer Beth Turner spoke with...

Preview: Global Gaming Awards Asia-Pacific 2025

The Global Gaming Awards Asia-Pacific’s highly anticipated...

Preview: SiGMA Manila 2025

The return of the Philippines’ annual summer gaming summit...

Company profile: Gameplay Interactive

A multi-currency & multilingual white-label and turnkey solu...

Company profile: Lynon

Expertise & commercial flexibilities: In the ever-changing l...