LeoVegas is one of the largest current betting platforms. And, in addition to putting your money in the games, it is possible to invest in brand shares. Meet the Leo.st and everything you need to know about her is the first step to that!

To begin with, it is important to know that not all online bookmakers are publicly traded, as is the case with LeoVegas. But, having an opening of capital, anyone can invest in the brand.

Another essential information about the actions of the bookmaker LeoVegas is its nomenclature: Leo.st. but before buying your percentage in the brand, how about understanding everything about these actions? Check it out, below!

The history of LeoVegas shares

The LeoVegas platform has been in operation since the year 2011. Early on, it caught the attention of users by focusing on the good mobile experience, something that was not so common at that time.

Over the years, LeoVegas has grown in popularity, users and finances. It was then that its founding partners understood that in order to expand, it was necessary to open the company's capital.

The initial offering on the company's stock exchange took place on March 17, 2016. Shortly before that, LeoVegas announced a 124% increase in annual revenue, which made many investors interested in the shares.

Since then, many people and companies have acquired shares of LeoVegas. Among large companies, it is possible to find the name of the founding partners among the largest shareholders .

Positive or negative results?

When it comes to the stock market, it is very important to understand that this is always a risky investment. That is, it is possible to have profit and loss to the same extent and frequency.

But about the Leo.st, LeoVegas shares, are the results positive or negative?

The truth is that this is an action that has a certain stability. However, in recent months, it has had a peak in valuation, as you can see in the chart below.

LEO.ST action history

Source: nasdaqomxnordic.com

Looking at the history of LeoVegas, it is possible to understand that the shares showed more positive than negative results, with a standard average since they began to be sold.

Therefore, bettors who want to apply values at LeoVegas, in addition to the space of the games, can consider the actions Leo.st.

What will happen to the stock when MGM buys the company?

Recently, MGM Resorts International made a public offering of acquisition for 100% of LeoVegas shares, worth $ 607 million.

As soon as the offer was made, the shares Leo.st they are up more than 50%, an indication that this type of investment seems opportune for many people who trade stocks.

The proposal has not yet been finalized or confirmed. To do this, 90% of the shareholders must accept the negotiation. However, Gustaf Hagman, who is a founding partner and one of the largest investors in the brand, has already been in favor of merging the ventures.

In case the trade is completed and LeoVegas is sold, users can be unconcerned: the platform will not change, but possibly, it will receive more features to get even better.

How to buy LeoVegas shares?

LeoVegas shares are not listed on the New Zealand Stock Exchange and can be found on international markets such as Nasdaq.

Because of this, anyone who wants to make an investment in the brand will need to make an account with a New Zealand stockbroker, which trades international stocks. The process is more complex, but it can be profitable.

Always remember that investing in stocks can be risky. Just like betting, you need to invest amounts that will not be lacking in your budget.

This way, you have more chances to make a safe investment, with Dollar (NZD) profit possibilities.