Evolution Gaming
Evolution is a game of resource management that pits players against each against each other to consume as much food from the communal pool as they can. The player who eats all the food first wins. The game comes with a large deck of trait cards, as well as a built-in timer.
Evolution is a business-to-business company and licenses its games to branded casinos online such as DraftKings or Penn National Gaming. It also offers live games that combine elements of gambling and entertainment.
Real-time
Evolution gaming is a producer of live casino games which are streamed live from studios around the world. Live games are backed by professional dealers who interact with players in real-time. This provides players with a genuine casino experience. The company also offers an array of casino table games such as blackjack, roulette and baccarat. Their software is customizable and localized to meet the requirements of operators in new markets.
The company is a major player within the iGaming market. It has studios across Spain, Malta, Romania, and more. Recently, it has expanded into RNG games with acquisitions like Red Tiger, Nolimit City and DigiWheel. The company is focused on growing its business via an amalgamation of acquisitions and internal development.
Dream Catcher is its newest game. It's a money wheel that offers a variety of side bets, and jackpots that can reach as high as PS33333. The company is also working to develop new variations of its existing games, and is tweaking them so that they are easier to play for casual players. Additionally, it's introducing HTML 5 to replace the flash interface that was used in its previous games. This will allow them to be ported more easily to mobile devices.
Besides a huge portfolio of live dealer casino games, Evolution also offers a full selection of game shows. They include the renowned MONOPOLY and Deal or No Deal, along with a range of other themed video games. They offer state-of-the-art streaming, high-quality graphics, and an array of betting options.
The company has studios all over the world. It is based in Sweden. The live-casino software it uses is licensed by online casinos where it is offered alongside traditional games. It generates revenue by charging a 10% commission for each wager as well as fees to set up and operate live casino tables. Its success has made it one of the most profitable companies in the iGaming sector, with a market cap of $24.6 billion.
Customizable
Evolution offers a range of live casino game options that provide the most enjoyable gaming experience. They include classics such as Blackjack and Roulette and also the newest more original games like MONOPOLY Live or Dream Catcher. These games are hosted by hosts and interactive elements that give players an immersive experience.
Evolution's solutions are customizable and adapted to the specific needs of every operator. This is crucial since different operators have different branding requirements and player preferences. Different casinos also have different levels of regulation and standards for compliance. Evolution's team is able to tailor an approach to meet the requirements of every client.
The software that the company uses for live casinos is scalable, which means it can handle hundreds or thousands of players at once without the need for additional personnel or technology. It boasts the highest profit margins in its class. The games are also available on mobile devices. This lets players enjoy a casino experience that is flexible regardless of where they want to play.
Moreover the company's central studios and equipment can cut costs by removing travel and accommodation expenses for staff and dealers. These savings can help improve EBITDA margins and increase customer loyalty. In Q2 2023 Evolution's live-casino segment generated 84 percent of its revenue, and it grew by 34 percent YoY. The RNG business of the company, on the contrary decreased by 4% YoY due to the sluggish performance of its international markets.
The business model of the company is based on commission fees from licensed casino operators and setup fees for new customers. This enables the company to profit from the growth in customer numbers without being directly affected by the results of end-user winnings and losses. This gives the company the opportunity to invest in its products and services. This helps it maintain an unbeatable position in the live dealer market.
Localised
The Evolution games are designed to give players a a genuine casino experience, without having to leave home. Studio-produced games conform to the most prestigious standards for gaming in the world. This includes those of the Alderney Gambling Commission as well as the UK Gambling Commission. This ensures that the live games are fair and regulated which is crucial for players.
The primary goal of the business is to provide customized online casino services on digital platforms to operators in controlled markets. The company offers a variety of table games, shows of casino games and live dealer tables that are available in a range of currencies and languages.
Players can experience the excitement of playing the best live casino games on well-known Evolution gaming sites, which offer secure banking options for withdrawals and deposits. These include E-wallets, credit and debit cards, prepaid vouchers, banks and cryptocurrencies. Besides, top-rated Evolution gaming sites offer a variety of bonuses and promotions to boost players' accounts.
The tables that are devoted at Evolution gaming sites can be tailored to match the brand identity of a specific operator. They can be branded with the logo of the brand and offer native speaking dealers to create an immersive environment. They can also include multiple large screens that display information about promotions and other items.
Localised Evolution games are a big advantage for operators since they let players experience an authentic experience. Additionally, they benefit from the income that comes from a high take rate. While this is a fantastic business model for Evolution KR but it could be affected by new competitors with lower prices emerge.
Despite the competitive landscape, Evolution remains a leader in live casino games. The company has a large product line, a robust platform, and employees and user data. This allows the company to expand to new markets, including the USA without having to replicate their systems. Furthermore the company is able to leverage its existing relationships in each new region and its expertise in running a live 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 live casino games are designed to be as realistic experience as much as is possible, meaning players can experience the thrill of playing at the real casino online.
The live game suite of the company includes a variety of popular table games like roulette, blackjack and baccarat and more specific games such as Dream Catcher and a first-person version of roulette known as First Person Lightning Roulette. The company offers a wide range of RNG-based games, and has recently expanded its selection of video slots with the acquisitions of NetEnt Red Tiger and Big Time Gaming.
These enhancements allow Evolution to provide a wide range of solutions for its customers that range from fully-branded casinos to games that allow multi-players to play. Their games are available on the internet as well as mobile devices like iPhones and Android devices. Evolution offers numerous promotions to keep players engaged. These include instant rewards and competitions that reward players for their loyalty.
The studio has won numerous high-profile awards which include EGR B2B Supplier of the Year Online Casino for a period of 10 consecutive years. The Latvian company has risen to the top of the industry thanks to its state-of-the-art technology and unparalleled level of service. Its games are well-known for high-quality graphics, speedy gameplay and a wide range of features.
In an indication of the increasing popularity of online casinos, Evolution has opened up offices in several states that have legalized online gambling. It has opened its own studios and website in Michigan as well as Pennsylvania and New Jersey. The company also plans to establish the first Florida studio. This will improve the company's image and allow it to take advantage of a growing market 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 online casino giant. The workers have been protesting squalid and unsafe conditions at work poor pay, and alleged harassment by management. The managers of the company have threatened to seize the passports of employees who do not stop their protest.