Evolution Gaming
Evolution is a game for managing resources where players compete with each other to consume the most food they can from the pool that is shared. The player who eats all the food first wins. The game is played with a huge deck of trait cards and an integrated timer.
Evolution is a business-to-business company and licenses its games to branded online casinos like DraftKings or Penn National Gaming. Evolution also hosts live game shows that mix entertainment and gambling.
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Evolution gaming is a provider of live casino games that are streamed live from studios around the world. Live games are supported by professional dealers who interact with players in real time. This provides players with an authentic gaming experience and makes the game feel like it's in a real casino. The company provides a range of casino games, including blackjack, roulette and Baccarat. The software can also be customized and localized to meet the demands of operators operating on new markets.
The company is a major player within the iGaming market. It has studios in Spain, Malta, Romania and many more. It has recently expanded into the world of RNG games, with acquisitions such as Red Tiger, Nolimit City, and DigiWheel. The company is focused on growing its business via a combination of acquisitions and internal development.
The newest game, Dream Catcher, is a money wheel that has different side bets and jackpots that could go as high as PS33333. The company is also working on new variations of its current games, and is tweaking them so that they are easier to play for those who aren't experienced. In addition, it is introducing HTML 5 to replace the flash interface that was used in its previous games. This will make it easier to port the games to mobile devices.
In addition to a vast array of live dealer casino games Evolution also provides a comprehensive variety of game shows. They include the well-known MONOPOLY, Deal or No Deal and a range of themed video games. They offer state-of-the-art streaming, high-quality graphics, and many betting options.
The company is based in Sweden and has studios all over the globe. Live-casino software is licensed by online casinos where it is offered alongside traditional games. The revenue generated is derived from an average of 10% on each bet in addition to the costs it charges to set up and run live casino tables. Its success has made it one of the most valuable companies in the iGaming sector with a market capitalization of $24.6 billion.
Customizable
Evolution offers a variety of live casino games that give the most immersive gaming experience. These include the classics like Blackjack and Roulette and also the newest more innovative games such as MONOPOLY Live or Dream Catcher. These games are hosted by hosts and interactive elements to provide players with a truly immersive experience.
Evolution's solutions can be customized and adapted to the particular requirements of every operator. This is important, as different operators have different branding requirements and player preference. Furthermore, casinos with different brands have different levels of regulation and compliance standards. Evolution's team of experts can adapt the solution to meet each client's unique needs.
The ability to scale the software used by the company's live casino allows it to handle thousands or even hundreds of players per game without requiring any additional expenditure in staffing or technology. It boasts the highest profits in its class. The games are also available on mobile devices. This allows players to enjoy a casino experience that is flexible regardless of where they want to play.
Additionally, the company's centralized studios and equipment help cut costs by eliminating the expense of travel and accommodation for employees and dealers. These savings boost EBITDA margins and boost the loyalty of customers. In the second quarter of 2023, the company's live casino business accounted for 84% of its revenue and increased by 34% year-over-year. The RNG business of the company, on the contrary, fell 4 percent YoY due the poor performance of its international markets.
The company's business model is based on commissions from licensed casino operators and set-up fees for new customers. This enables the company to reap the benefits of an increase in customer growth without having to be directly affected by the end-user's winnings and losses. This allows the company to invest in its products and services. This helps it to maintain its leading position in the live dealer business.
Localised
Evolution games offer players an authentic casino experience, without the need to leave their home. They are created in studios that comply with the most highly regarded gaming regulations around the world which include those of the Alderney Gambling Control Board and the UK Gambling Commission. This ensures that Evolution's live games are fair and well-regulated and are essential for players.
The business model of the company primarily is focused on providing custom online casino services to operators in controlled markets across digital platforms. The company provides a variety of table games, casino game shows and live dealer tables in a broad range of languages and currencies.
Players can experience the excitement of playing the most exciting live casino games at reliable Evolution gaming websites, which provide secure banking options for withdrawals and deposits. They include electronic wallets as well as debit and credit cards as well as prepaid vouchers and cryptocurrency. Top-rated Evolution gaming sites offer various promotions and bonuses that can boost the player's accounts.
Tables that are dedicated at Evolution gaming sites can be customized to reflect the brand image of a particular operator. They can feature the logo of the brand and provide dealers who speak native English to create a more immersive experience. They can also have multiple large screens to display information about promotions and other items.
Localised Evolution games give operators an enormous advantage since they offer players an authentic gaming experience. Additionally, they profit from the profits that result from a high rate of take. This is a fantastic business model for Evolution however, it could be affected if new competitors have lower prices.
Despite the competition, Evolution remains a leader in live casino games. The company is well-positioned to continue growing its market share thanks to an extensive product portfolio and a scalable platform that handles hardware, software, video, employees and user data. This allows the company to expand to new markets, such as the USA without having to replicate their systems. Additionally, the company can leverage its existing relationships in each new region and also its expertise in operating an online casino.
Award-winning
Evolution gaming is the world's top provider of live, real-time casino games. The company has won numerous awards for its technology, product quality, and reputation. The company's online live casino games are designed as realistically as possible so that players can enjoy the thrill of an actual casino.
The live game suite of the company includes a range of popular table games such as blackjack, roulette and Baccarat and also specific games such as Dream Catcher and a first-person version of roulette dubbed First Person Lightning Roulette. The company provides a wide variety of games based on RNG, and has recently expanded its video slot selection through the acquisition of NetEnt Red Tiger and Big Time Gaming.
These new features allow Evolution to provide its customers an array of options including full-on casino brands to social games with multiple players. The games are accessible on the web and mobile devices that include iPhone and Android devices. Evolution offers various promotions to keep players entertained. They can include instant prize and competitions to reward loyal players.
The studio has been awarded a number of prestigious awards, including EGR B2B Supplier of the Year Online Casino for a period of 10 consecutive Years. The Latvian company is at the top of its field due to its high-tech technology and unparalleled level of service. The games are renowned for their high-quality graphics, fast games and a variety of features.
Evolution has opened offices in states which have legalized online gambling. This is a sign of how popular online gambling has become. It has opened studios and a site in Michigan, as well Pennsylvania and New Jersey. The company also plans to establish the first Florida studio. This expansion is a major boost to the reputation of the company and may be able to profit of the new market that is emerging in the US.
Employees of the company have also received awards, including the UNI Global Union Freedom from Fear Award for workers in Georgia on strike against Sweden's biggest online casino company. The workers are protesting against unsanitary and unsafe working conditions, low pay and alleged harassment from management. The managers of the company have threatened to seize the passports of employees who are not able to stop their protest.