Due to the Smartphone boom, LeoVegas was able to grow fast. An initial stock offering was made on March 17th, 2016 for this fast-growing online niche entertainment channel. Mobile phones further enabled LeoVegas to become huge, especially in the United Kingdom, Finland, and Norway and of course Sweden.
Poker, Baccarat, Roulette, and Blackjack use Kambi; a B2B sports betting platform and customer intelligence interface compilation of the odds. Financial and personal user information is encrypted via SSL or Secure Socket Layers to make sure a high-security encrypted link connects the web server to the browser.
Prior to the IPO, there was an increase by 124% in its annual revenue for the year 2015. On May 13th, 2016 and right before the 2016 European Football tournament, LeoVega sports-betting was introduced as a new addition which included live betting with a quick loading speed that was truly mobile.