Mattias Wedar Announced as New CEO of LeoVegas Group

Mattias Wedar in a professional setting as the new CEO of LeoVegas Group.

LeoVegas Group has taken a significant step forward by appointing Mattias Wedar as its new Chief Executive Officer starting June 2025. This leadership transition marks the end of Gustaf Hagman’s influential tenure and opens the door to continued expansion for the company.

A New Chapter for LeoVegas

In an exciting move, the globally recognized iGaming company has entrusted the leadership reins to Mattias Wedar. Wedar’s extensive experience in the industry, combined with his track record at LeoVegas, positions him to lead the company into a new era of innovation and growth.

Mattias Wedar’s Professional Background

  • Chief Product and Technology Officer (2019–2025): Wedar built and refined LeoVegas’s advanced technological infrastructure and product development.
  • Deputy CEO (April 2025): His promotion into the Deputy CEO role provided hands-on strategic leadership opportunities ahead of assuming the top position.

With a focus on digital innovation, operational excellence, and his dedication to the iGaming space, his expertise uniquely equips him to guide LeoVegas forward.

The Legacy of Gustaf Hagman

Gustaf Hagman, the outgoing CEO and co-founder, has been instrumental in transforming LeoVegas from a small start-up into an international industry leader over 14 remarkable years. His leadership helped establish the brand as a trailblazer in the iGaming industry.

Strategic Directions for LeoVegas

As LeoVegas enters a new phase, Mattias Wedar is set to focus on key areas to ensure the company thrives in an increasingly competitive market:

  • Global Expansion: Strengthening LeoVegas’s presence in established markets while entering new regulated regions.
  • Digital Innovation: Enhancing the company’s technological framework and delivering cutting-edge iGaming experiences.
  • Balancing Continuity and Change: While ensuring stability, Wedar aims to modernize the company to meet evolving customer expectations and market trends.

The Benefits of Internal Promotion

The decision to promote from within ensures operational continuity, as Wedar is already familiar with LeoVegas’s corporate culture, vision, and goals. This stability minimizes disruption and allows for seamless leadership transition while introducing new perspectives.

What Lies Ahead for LeoVegas

A conference theme presenting LeoVegas's global growth strategy in the iGaming industry.

With Wedar at the helm, industry analysts anticipate that LeoVegas will further solidify its reputation as a global leader in iGaming. The company’s focus on innovation and strategic growth positions it well to continue delivering value to players and investors alike.

The leadership change marks a pivotal milestone in LeoVegas’s journey. While honoring Gustaf Hagman’s legacy, the appointment of Mattias Wedar signals a commitment to progress and excellence in the years ahead.

Thabo Mbeki
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