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A Look Into Casumo's Financial Profile

Written by Contributor, on 9th Dec 2021. Posted in General

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When you gamble online, there is nothing more important than making sure you only use licensed, well-managed online casinos with a promising, long future. This ensures that your assets are safe and run by legitimate companies in a responsible manner.

Whether you are interested in investing or just want to gamble safely online, the information provided in this article will shed light on the popular online casino, Casumo’s, financial profile and thus their outlook for the future.

Casumo’s History

Casumo Services Limited was founded in 2012. It is a Maltese company whose parent company is Casumo Holding PLC. They incorporated the Maltese licensing service and opened their offices in Malta back in 2013. 

Casumo is an online casino that started offering only casino-like games, but in 2018 they also added the option to make sports bets thanks to a partnership with Kambi. They have steadily grown into a popular, well respected online casino.

Is It Possible to Buy Casumo’s Stocks?

No, Casumo’s stocks are held privately and unavailable for the public to trade or make any type of exchange. 

Casumo’s Offices

Besides their central location in Malta, they also own offices in Barcelona, Spain, and Gibraltar. 

International Licenses

In addition to their Malta Gaming Authority license which they’ve owned since 2013, they have managed to earn various licenses internationally:

• Casumo has been a proud holder of a gambling license from the UK Gambling Commission since 2015.

• The Danish Gambling Authority provided Casumo with a five-year gambling license in 2019.

• Casumo also owns a Swedish gambling license for online betting and games. 

Annual Revenue

According to the information provided by Dun & Bradstreet, the annual revenue of Casumo Services Limited was $421.29 million in 2013.

Casumo’s Acquisitions 

The last company that Casumo acquired was Casino Secret in 2018, a smaller casino that is now part of the Casumo Holding PLCs group of casinos.

Popular Sponsor of eSports

Casumo has sponsored a wide range of eSports events celebrated at the Wembley Arena in London, England. And they also sponsor Planet Odd, the eSport organisation founded by Jonas Axelsson in 2017, which focuses on games like DOTA 2, Hearthstone, and Global Offensive. 

Other Sponsorships

In 2019, a short time before they announced their intentions to enter the sports betting market in the UK, Casumo sealed a sponsorship agreement with the Reading Football Club from Berkshire, England. 

 

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