Gustaf Hagman

Overview

Gustaf Hagman is a Swedish entrepreneur and angel investor known for co-founding LeoVegas, a leading mobile gaming company. He has over 20 years of experience in entrepreneurship and the online gaming industry, having previously served as CEO of Net Gaming AB and founded Eurobet Nordic AB. Under his leadership, LeoVegas expanded into international markets, including the United Kingdom and the Netherlands, and was acquired by MGM Resorts International in 2022. Hagman stepped down as CEO in 2025, succeeded by Mattias Wedar. He has been recognized for his contributions to the gaming industry, including being inducted into the Sports Betting Hall of Fame in 2023. As an angel investor, Hagman focuses on early-stage investments in sectors such as online gaming, mobile gaming, e-commerce, and technology, with investment sizes ranging from $1 million to $50 million. His portfolio includes companies like STILRIDE, a sustainable mobility startup. Hagman's investment strategy emphasizes innovation, scalability, and market potential, aiming to support companies that can achieve significant growth and impact in their respective industries. His extensive experience in the gaming sector provides valuable insights and guidance to the startups he invests in, fostering their development and success.