How LeoVegas Uses AI-Powered Custom Properties

Contracts are more than legal documents—they’re strategic assets. Yet for many companies, critical contract data remains buried in complex agreements, revisions, and addenda, leading to wasted time, compliance risks, and missed financial opportunities.

LeoVegas, a global mobile gaming company, faced this exact challenge. Operating in a highly regulated industry, they needed instant access to key contract terms to ensure compliance, manage financial obligations, and negotiate more effectively. Instead, their legal team spent hours searching through folders, manually extracting information. The solution? A smarter, AI-driven approach to contract management.

Why contract complexity is a hidden cost

Contract complexity isn’t just a legal headache—it directly impacts financial performance and operational efficiency. Every contract contains key clauses that dictate financial commitments, risk exposure, and renewal terms. Without structured data, identifying these provisions becomes a manual, time-consuming task.

At LeoVegas, legal teams were spending an estimated 10 hours per week searching for specific contract terms. That’s over 500 hours per year lost on administrative work instead of strategic legal tasks. The consequences extended beyond wasted time:

• Regulatory risk – Without quick access to governing law clauses, the company risked compliance gaps in different jurisdictions.
• Financial exposure – Key financial obligations, such as payment terms and performance guarantees, were difficult to track at scale.
• Missed opportunities – Auto-renewals and change-of-control provisions went unnoticed, leading to unfavorable contract extensions and missed renegotiation windows.

“You have the main agreement, then addendum A, addendum B, revision one, revision two, and so on,” says Michael Cuschieri, Head of Legal at LeoVegas. “Contracts nowadays are a lot more complex.”

For a company dealing with hundreds of contracts, this inefficiency was unsustainable.

Turning contracts into searchable, strategic assets

To eliminate these inefficiencies, LeoVegas implemented custom properties within their contract management platform. Instead of treating contracts as static documents, they structured them as dynamic data sources.

By tagging agreements with key metadata, the legal team created a searchable, filterable database of contract terms. Some of the most impactful custom properties included:

• Jurisdiction and governing law – Ensuring compliance across multiple regulatory environments, and protecting against breach of contract risks.
• Financial obligations – Tracking payment terms, revenue-sharing agreements, and performance guarantees.
• Change-of-control provisions – Identifying contracts that could be impacted by mergers or acquisitions.
• Auto-renewals and termination dates – Preventing costly, unexpected contract renewal processes and enabling proactive renegotiations.

Instead of manually combing through documents, LeoVegas’ legal team could now generate reports instantly, pulling up all contracts that matched specific criteria. This shift eliminated hours of administrative work and provided instant visibility into strategic contract terms.

“We save about 5 to 10 minutes per contract,” says Cuschieri. “When you’re dealing with hundreds of contracts, those minutes really add up.”

Shifting from manual searches to strategic insights

The ability to extract contract data instantly didn’t just improve efficiency—it changed how LeoVegas approached contract management.

• Faster compliance response: Legal teams could now instantly retrieve contracts with specific jurisdiction clauses, ensuring regulatory alignment without delays.
• Stronger negotiation power: With clear visibility into auto-renewal clauses and key financial terms, LeoVegas could renegotiate contracts before deadlines, securing better terms.
• Proactive risk management: Custom properties allowed the legal team to flag high-risk contracts, preventing unfavorable renewals and unexpected liabilities.

“We can now instantly pull up all contracts with specific governing law clauses or identify those with upcoming auto-renewals,” says Thomas Parkin, Legal Counsel at LeoVegas. “This allows us to proactively renegotiate terms and avoid unnecessary costs.”

By transforming contracts into structured, searchable data, LeoVegas moved away from reactive contract management and toward a proactive, data-driven strategy. The result? More time for high-value legal work, fewer compliance risks, and stronger financial outcomes.

The future of contract intelligence

LeoVegas’ success highlights a broader trend: contract data is becoming a strategic asset. In industries where compliance, risk management, and financial oversight are critical, companies can no longer afford to treat contracts as static PDFs.
By using AI-driven contract management tools, organizations can:

• Extract key contract data in seconds instead of hours.
• Automate compliance monitoring across different jurisdictions.
• Strengthen negotiation strategies with clear visibility into contract terms.
• Prevent financial losses by proactively managing renewals and obligations.

For companies dealing with complex contracts, structuring agreements as searchable, dynamic data isn’t just a convenience—it’s a competitive advantage. LeoVegas has proven that contract intelligence isn’t about having more contracts; it’s about having smarter contracts.