LCKY Group is acquiring Royal Casino, adding a locally licensed operator in one of Europe’s regulated online casino markets.
The deal is expected to close in the second half of 2026, subject to regulatory approvals. Transaction includes three Danish-licensed domains: royalcasino.dk, kapowcasino.dk and valhallacasino.dk, all held under a single Spillemyndigheden license by RoyalCasino.com Limited, a Malta-registered entity that operates from Copenhagen.
LCKY’s portfolio spans regulated markets: Lucky Casino operates in Sweden, OneCasino in the Netherlands and Spain. Royal Casino adds a Denmark-only licensed operator to that portfolio. The transaction is expected to lift revenue by 18–20% and EBITDA by 29–31% on a pro-forma basis.
Royal Casino’s Danish footprint
Royal Casino traces its Danish gambling operations back to 1991. Its online platform, RoyalCasino.dk, launched on 1 May 2016 under a Danish online casino licence from Spillemyndigheden.
According to Blask BAP data, Royal Casino is Denmark’s #3 iGaming brand, behind only Danske Spil and Bet365, with an 8.22% share as of April 2026.
In absolute values, the brand’s Blask Index in April 2026 was 24.71% higher year over year. It was also around 8–9% below its December 2025 peak of just above 200K.
Denmark’s regulated market context
Denmark is the #37 iGaming market in the global Blask rankings by projected revenue, measured by CEB. With CEB of $971.45M over the last 12 months.
The Danish market has a high level of channelization. According to Blask data, locally licensed brands accounted for approximately 93% of the country’s CEB in April 2026.
Royal Casino is also built into Denmark’s local gambling system. Players log in through MitID, the country’s digital ID system, and the brand is connected to ROFUS, Denmark’s national self-exclusion register.
Market entry without a cold start
The acquisition gives LCKY deeper exposure to Denmark through a licensed local brand with more than three decades of gambling heritage and an existing search-demand base. For Royal Casino, the deal provides access to LCKY’s infrastructure across B2C brands, affiliates, game content and product distribution.The deal also lands as Denmark tightens gambling advertising rules under Spilpakke 1, including a ban on gambling ads around live sports broadcasts.