Prominent online casino and sportsbetting operator LeoVegas AB has announced that it is cooperating with the Swedish Economic Crime Authority as the government agency investigates multiple allegations of insider trading.
The Stockholm-headquartered firm is listed on the Nasdaq Nordic bourse and used a short Tuesday press release (pdf) to declare that it was contacted by the Swedish Economic Crime Authority yesterday after a preliminary probe uncovered ‘suspected insider trading in the company’s shares’. The operator holds licenses in eight jurisdictions including Malta, Spain and the United Kingdom and went on to pronounce that it is ‘fully assisting the authorities in their investigation’.
Conspicuous concern: