LeoVegas AB (LEO.ST) stock rose 7.67% in the trailing 30-days and 13.75% in the trailing three months. The mobile gaming company’s stock is down 0.54% in Wednesday trade, but the company’s vision to create the greatest gaming experience is paying off.

The company’s stock began to surge in October ahead of the company’s Q3 2016 earnings report.

The report noted organic growth leading to 76% revenue growth on the quarter with total revenue reaching €39.7 million. Operating profit was €9.4 million. Mobile deposits led the company’s growth.

Mobile deposits rose 87% to €123.7 million and accounts for 67% of the company’s total deposits. Customer deposits grew 76% on the quarter, with returning customer deposits increasing 78%. Returning customer deposits between Q2 2016 and Q3 2016 rose 22%.

The company’s earnings report notes the company as “winners.” A panel of experts and market insiders picked the company, along with Unibet, to gain the most market share over the next 12-month period.

The company plans to release their Q4 2016 report on February 15.

LeoVegas announced in December 2016 the launch of the company’s Denmark operations. A gaming license was granted to the company.

“We are very excited that we can offer LeoVegas in Denmark,” comments Gustaf Hagman, Group CEO. “I see Denmark as yet another step in our continued expansion. Denmark is another market in which we will use our mobile position to offer the greatest gaming experience and be number one in mobile gaming.”

The expansion marks the company’s third country with a gaming license.

LeoVegas has gaming licenses in Denmark, Malta and the United Kingdom. The company plans to analyze Denmark’s market further to boost advertising and marketing efforts. The market has a value of DKK 4.6 billion.

The company’s financial targets forecast the company to reach €300 million in revenue by 2018.

Patrick Ekwall, a leading Swedish journalist, is partnering with LeoVegas to help the company expand further in the mobile gaming industry. Ekwall begins his role on January 1 to assist with product and marketing perspectives.

The company plans to work alongside Ekwall on numerous joint projects in 2017.

"We are happy we have managed to sign one of Sweden's foremost journalists and to bring Patrick into the LeoVegas family," said Gustaf Hagman, CEO, in a company press release.

LeoVegas has been in the spotlight since the end of December, with numerous members winning jackpots. A 52-year old man from the United Kingdom bet just £1.25 and won £175,000 from the comfort of his home.

The man started playing the company's Mega Fortune game betting just 5p per line. The cautious gambler noticed the jackpot was smaller than usual when he started playing. He realized the jackpot grew when he hit the third round and won £175,857.

The man's name hasn't been released.

LeoVegas ran a £5 million jackpot in mid-December to lure new players to the company's games.