News
Europe gets new “unicorn” – LeoVegas reaches billion dollar valuation
GP Bullhound can now confirm that Sweden has gained a new tech “unicorn”, as the mobile gaming group LeoVegas – which GP Bullhound has supported from the onset, both as an investor and adviser – has now achieved unicorn status with a valuation of over USD 1 billion.
Swedish company LeoVegas AB (publ) is listed on Nasdaq First North Premier and was established in 2011 by entrepreneurs Gustaf Hagman and Robin Ramm-Ericson. Since the start, operations have been characterised by award-winning innovation and strong growth.
Of Europe’s 57 tech unicorns, Sweden – together with the UK and Germany – is at the top and can boast unicorns such as Spotify, Avito, King, Klarna, and now LeoVegas.
From its beginning, the mobile gaming group LeoVegas has been at the forefront of technical development in gaming. In just over five years LeoVegas has grown from zero customers and an entirely unknown brand to one of the leading e-gaming companies in Europe. LeoVegas was introduced on Nasdaq First North Premier in March 2016 in an IPO that was oversubscribed several times over and has now passed the USD 1 billion valuation mark.
Per Roman, Managing Partner of GP Bullhound, comments: “LeoVegas’ billion-dollar valuation can be credited to its two devoted founders and their laser-sharp vision on mobile gaming. It is a success story far beyond the ordinary in which GP Bullhound has participated since the start in 2012. As an early investor in the business and as an advisor we are very proud to have been part of this journey that has made the company the leading player in the European gaming industry.”
“With a compelling tech focus, great player experience and a fantastic team, LeoVegas has been on an incredibly exciting journey,” say Gustaf Hagman and Robin Ramm-Ericson, the company’s two co-founders and the entrepreneurs behind LeoVegas. “And it is a journey that has only just begun! Through our vision – ‘leading the way into the mobile future’ – we are taking new steps and striving to accelerate our development through the technical solutions that are leading the way in 2017, such as AI and machine learning.”
“We started LeoVegas with the conviction that mobile devices would rapidly transform the entertainment world, and our goal was that LeoVegas would lead this change,” say the founder pair Gustaf Hagman and Robin Ramm-Ericson. “But creating a unicorn requires more than just good analysis. It is just as much a team effort, and we truly want to give credit to our great employees, partners and investors – such as GP Bullhound – who dared to believe in us at an early stage.”
News
Registration Open: N1 Puzzle Promo Show & Winner Announcement in Barcelona
N1 Partners will celebrate the finale of the global N1 Puzzle Promo for partners – running from April 21 to December 31, 2025 – and award the grand prize, a Robinson R22 Beta II helicopter, at an exclusive party in Barcelona during the ICE and iGB conferences. The special guest of the event will be Tommy Cash.
Registration for the party is now open.
Participants – especially those at the top of the leaderboard – still have the final two weeks to influence the results and break into the prize-winning top three. After all, the grand prize – a Robinson R22 Beta II helicopter – is something no one in the industry has ever given away before…
The main motto of the exclusive final show-event of N1 Puzzle Promo will be “Because we can” – a philosophy of high achievement and top performance by the promo leaders, running like a red thread throughout the entire event.
This is more than just a party – it’s a community and a private club for top N1 Partners affiliates and guests, industry leaders, media, and influencers, accessible only to the select few. “Because we can” is about limitless opportunities for scaling, the ability to achieve top results together, and creating experiences unmatched in the industry.
N1 Partners reveals long-awaited event details 👇🏼
Date: January 20, 2026
Time: 20:00
Location: Barcelona, Spain
What highlights are planned for the guests?
- award ceremony for the top 3 and presentation of the grand prize – the Robinson R22 Beta II helicopter
- exclusive prizes raffle among all guests
- a performance show, DJ set and additional surprises
- activity zones (red carpet, photo area, bar, VIP lounge with hookahs, and much more)
And, of course, the long-awaited special guest of the evening… 🥁
Get ready for the unforgettable performance of edgy Estonian rapper and musician – Tommy Cash!
Register now for the N1 Partners show-event via the link: https://n1puzzle.promo/en.html
After all, why drive when you can fly?
And be number one with N1 Partners?
News source: N1 Partners
News
Kazakhstan Authorities Dismantle Large-Scale Illegal Payment Scheme Linked to Online Casinos
Law enforcement authorities in Kazakhstan have dismantled a large-scale illegal payment scheme connected to online gambling operations, following an investigation by the Financial Monitoring Agency of the Republic of Kazakhstan (AFM).
According to official statements from the AFM, the scheme involved cross-border financial transfers routed through multiple payment organizations. Transactions were allegedly disguised as legitimate commercial payments and subsequently redirected to online casino platforms. The identified volume of suspicious operations exceeds 600 billion tenge, making it one of the largest financial investigations of its kind in the country.
The authorities reported that the scheme relied on so-called “grey” payment infrastructure, including misused POS terminals, fictitious merchant agreements, and the involvement of intermediaries across several jurisdictions. As part of the investigation, more than 70 searches were conducted, significant financial assets were frozen, and nine individuals were detained. Materials are reportedly being prepared in relation to additional suspects, including foreign nationals.
The AFM also confirmed the shutdown of a call center that provided technical support services to multiple online casino platforms and facilitated payment-related consultations. Approximately 120 individuals from several countries were reportedly involved in these operations. Investigators further stated that the network included a gambling-related affiliate program that enabled deposits and withdrawals in cryptocurrency, with turnover exceeding 200 million USDT.
Kazakhstan’s authorities emphasized that online casinos are prohibited under national law, noting that such platforms operate without taxation, customer identification, or consumer protections, and pose risks related to gambling addiction and financial crime.
Several companies and financial institutions have publicly stated that they are cooperating with law enforcement authorities in order to clarify their role, if any, in the investigated activities. Proceedings are ongoing, and the authorities have stressed that, at this stage, no comprehensive list of suspects has been officially published.
The Financial Monitoring Agency reiterated its warning to individuals and organizations against participation in illegal gambling-related payment activities, stating that any form of facilitation may result in criminal liability under Kazakhstan law.
Investigations remain ongoing, and further updates are expected as the case develops.
Sources:
News
The Top South African No-Deposit for 2025
As online gambling continues to grow rapidly in South Africa, players are increasingly seeking reliable, transparent and trustworthy information to guide their choices. With new casinos launching and bonus offerings constantly changing, having a solid, expert-backed source is more important than ever. These are the top no-deposit online casinos for South African players in 2025, carefully selected for their reputation, player safety, and quality of offer.
Top No-Deposit Casinos in South Africa for 2025
Here are the no-deposit casinos that stand out this year, and what makes each of them good:
| Casino | What Makes Them Good |
| Springbok Casino | Well-known brand with a strong track record in customer service and fast payouts. Its no-deposit bonus is attractive, and the game selection is broad, especially in slots and live dealer games. |
| Yebo Casino | Exceptional localised experience — supports ZAR transactions, offers bonuses tailored to South African players, and provides strong mobile compatibility. |
| ZARbet | Regulated and licensed, with solid game variety, clear terms and conditions, and no-deposit offers that are easy to claim. |
| 10bet | International pedigree, reliable software providers, frequent promotions, and a reputation for fairness and security. |
| Punt Casino | Unique bonus structure, good welcome no-deposit offer, and a clean, user-friendly website interface. |
| Hollywoodbets | Very popular in SA, known for its excellent sports betting offering and casino routines. No-deposit bonuses are backed by high trust and local support. |
| Silver Sands Casino | Offers generous free spins or no-deposit bonuses, with attractive slot titles and smooth customer support. |
| Thunderbolt Casino | Strong in game diversity and theme variety; no-deposit offers are well-promoted and integrate well with regular bonuses. |
| Lucky Fish Casino | Light, fast-loading site with a good range of games; no-deposit promotions that don’t hide conditions, making them transparent. |
| Pantherbet | Royal feel, premium software titles, reliable payment methods and a no-deposit bonus that works for real players (not just marketing). |
How We Vet These Casinos
At SouthAfricanCasinos.co.za, we use strict criteria to determine which casinos make the list. Our vetting process includes:
- Licensing & Regulation: We only include casinos that are properly licensed and regulated by recognised authorities.
- Safety & Security: Encryption, data protection, and fair gaming audits are essential.
- Fairness of Terms & Conditions: No-deposit offers are checked for reasonable wagering requirements, transparent withdrawal rules, and clear bonus expiry.
- Payment Methods & Localisation: Support for ZAR, local banks, and trustworthy deposit/withdrawal methods.
- Game Variety & Software Providers: A rich selection of games, including slots, live dealers, table games—powered by reputable software developers.
- Customer Support: Responsive, helpful support channels available during hours convenient for SA players.
- User Reviews & Reputation: We monitor actual player feedback and complaints to ensure the casinos maintain good standing.
How Players Can Choose a Good No-Deposit Casino
When choosing a no-deposit casino, South African players should consider:
- Reading the fine print on wagering requirements and withdrawal rules
- Checking for transparency–-hidden fees, bonus expiry, and valid licence info
- Verifying payment options in ZAR and ease of cashing out
- Looking at game selection especially games you enjoy; diversity is a sign of quality
- Testing customer support — good support often indicates how the casino treats its players
Expert Insight
“Our goal is to take the guesswork out of choosing a no-deposit casino in South Africa,” says Damien Valler, senior analyst at SouthAfricanCasinos.co.za. “We spend hours vetting each operator so players don’t have to. If an online casino makes our list, it means it has passed strict checks on fairness, security, and overall player value. South Africans can sign up with confidence knowing we’ve done the homework for them.”
Why SouthAfricanCasinos.co.za Is the Most Trusted Source for SA Players
SouthAfricanCasinos.co.za is fully focused on the South African market. We understand local regulations, banking systems, and what players here want from a casino. Our editorial team is independent and committed to giving accurate, up-to-date information. We frequently re-review listed real money casinos to ensure bonus terms haven’t become unfavourable, licences are current, and player feedback remains good.
For any question about online casino south Africa safety, no-deposit bonuses, or how to pick the right casino in South Africa, SouthAfricanCasinos.co.za is the go-to destination.
Contact:
SouthAfricancasinos.co.za
https://www.southafricancasinos.co.za/
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