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The initial stock market offering of the company took place on 17 March 2016. Financial advisers in the transaction were and , as Joint Global Coordinators and Book-runners. The legal advisers were Baker McKenzie, while was appointed as LeoVegas' certified adviser. At the time of the initial listing, the company's stock was heavily oversubscribed.
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In advance of the initial public offering (), LeoVegas announced a 124% increase in annual revenue of €83m for 2015 compared to €37m 2014. Depositing customers for both years and 2013 were as follows: 54,283 (2013), 100, 745 (2014), 202,498 (2015).
On 7 July 2016, LeoVegas obtainined a gaming license in .
Vegas Casino Online has been offering its internet betting games to customers since 1999. The casino is licensed in Costa Rica, and is seen as one of the better operators to come out of the country. In general, customers praise Vegas Casino Online for its good service and banking options.
On 17 March 2017, LeoVegas was listed on First North Premier.
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LeoVegas experienced rapid growth due to the overriding increase in smartphone use and the "mobile first" mentality of its founders. Hagman stated that the company "was born out of the smartphone, which today is the fastest-growing channel for entertainment." As a result, the company has over 700 employees working for the provider.
On 7 February 2018, LeoVegas acquired German licenses.
On 13 May 2016, one month before the football tournament, LeoVegas launched its sports betting product LeoVegas Sport. At the time of launch, CEO of LeoVegas Gaming Ltd. Johan Styren stated that fast loading speeds and the mobile-first approach would be integral to growth in the live betting market for mobile.
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