Evolution Gaming
Evolution is a game of resource management which pits players against one the other to eat as many meals from the communal pool as they can. The player who eats the most of the food first wins. The game is played with a huge deck of trait cards as well as a built in timer.
Evolution is a business-tobusiness operator, licensing its games to online casinos such as DraftKings or Penn National Gaming. Evolution also provides live games that combine entertainment and gambling.
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Evolution Gaming is a software developer who creates live-time casino streams from studios all over the world. The live games are supported by professional dealers who interact with players in real-time. This provides players with an authentic gaming experience that makes the game feel like it's playing in a casino. The company offers a variety of casino games like blackjack, roulette and Baccarat. The software can also be modified and localized to meet the needs of operators on new markets.
The company has grown rapidly and is a major player in the gaming industry. It has studios across Spain, Malta, Romania and more. Recently, it has expanded into RNG games through acquisitions such as Red Tiger, Nolimit City and DigiWheel. The company is focusing on expanding its business by combining 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 current games, and tweaking them to ensure that they are more accessible to play for players who are not experienced. Additionally, it's adding HTML 5 to replace the flash interface that was used in its previous games. This will allow for easier porting of them to mobile devices.
In addition to a vast array of live dealer casino games, Evolution also provides a comprehensive selection of game shows. They include the renowned MONOPOLY and Deal or No Deal, along with a range of other themed video games. They feature high-quality graphics and streaming, as well as a variety of betting options.
The company is headquartered in Sweden and has studios around the globe. Its live casino software is licensed to casinos that operate online, and is incorporated into traditional games. The revenue generated is derived from the 10% take rate on every wager, as well as the cost 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 an estimated $24.6 billion market capitalization.
Customizable
Evolution offers a wide range of live casino games that give the best possible gaming experience. These include classics like Blackjack and Roulette and newer more original games like MONOPOLY Live or Dream Catcher. These games have hosts and interactive elements to provide players with a truly immersive experience.
Evolution's solutions can be customized and tailored to the specific requirements of each operator. This is crucial because different operators have varying expectations regarding branding and preferences for players. Different casinos also have different levels of regulation and standards for compliance. Evolution's team of experts can customize the solution to suit the specific needs of each client.
The company's software 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. As a result, it is able to offer the highest margins of profit. The games are also available on mobile devices. This lets players enjoy a flexible casino experience regardless of where they want to play.
Central studios and equipment can also reduce costs by eliminating travel expenses and accommodation expenses for other employees, dealers and employees. These savings improve EBITDA margins, and increase the loyalty of customers. In Q2 2023, Evolution's live casino segment accounted for 84% of its revenue and increased by 34% year-over-year. The RNG business of the company, on the other hand, declined 4% YoY and was impacted by the poor performance of its international markets.
The business model of the company is based on commissions from licensed operators of casinos and set-up fees for new customers. This enables the company to reap the benefits of the growth in customer numbers without being directly affected by the results of end-user winnings and losses. This allows the company the opportunity to invest in its products and services. This allows it to keep an unbeatable position in the live dealer market.
Localised
The Evolution games are designed to give players a genuine casino experience, without leaving home. Studio-produced games conform to the most prestigious standards for gaming around the world. This includes those of the Alderney Gambling Commission and the UK Gambling Commission. This ensures that the live games are fair and regulated which is crucial for players.
The business model of the company is focused on providing customized online casino services to operators of regulated markets across digital platforms. The company offers a range of table games, game shows and live dealer tables in a broad range of languages and currencies.
The players can enjoy the excitement of playing the most exciting live casino games on well-known Evolution gaming websites, which provide secure banking options for deposits and withdrawals. They include eWallets, credit and debit card and prepaid vouchers, as well as cryptocurrency. Additionally the top-rated Evolution gaming sites provide a variety of promotions and bonuses to increase players account balances.
Tables at Evolution gaming sites can be customised to match the brand's identity of a particular operator. They can feature 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 can be a major advantage for operators since they allow players to experience an experience that is more authentic. They also gain the profits generated by the high take-rate. This is a good business model for Evolution but it could be affected by new competitors that offer lower prices.
Evolution remains the market leader in live casino games despite the intense competition. The company boasts a broad product line, a robust platform, and employees and user data. This enables the company to expand into new geographic markets, such as the USA without the need replicate their systems locally. The company can also draw on its existing relationships and experience in running live casinos in each new market.
Award-winning
Evolution Gaming is the top provider of live dealer casino games. The company has won numerous awards for its technology, product quality and reputation. The live casino games are designed as realistically as they can be to allow players to feel the excitement of an actual casino.
The live game suite of the company includes a range of well-known table games, including roulette, blackjack and baccarat and more niche games like Dream Catcher and a first-person version of roulette dubbed First Person Lightning Roulette. The company offers a wide selection of games that are powered by RNG and recently diversified its video slot portfolio through the acquisition of NetEnt Red Tiger and Big Time Gaming.
These enhancements allow Evolution to provide its customers an array of options, from full-on branded casinos to social games with multiple players. Their games are available across the internet and mobile devices, including iPhone and Android devices. In addition, Evolution has a wide selection of promotions that keep players interested. These can include instant rewards as well as 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 is at the top of its industry due to its advanced technology and unbeatable level of service. Its games are well-known for their high-quality graphics and speedy gameplay and a wide range of features.
In a sign of the growing popularity of online casino gambling, Evolution has opened up offices in several states where it has regulated online gambling. It has opened studios in New Jersey and Pennsylvania, as well as a website in Michigan. The company also plans to establish the first Florida studio. This will improve the image of the company and allow it to take advantage of the growing market in the US.
Employees of the company have also received prizes, including a UNI Global Union Freedom from Fear Award for workers in Georgia on strike against Sweden's online casino giant. The workers have been protesting against unsafe and unsafe working conditions, poor wages and alleged harassment from management. Management at the company has threatened to take away the workers passports seized if they don't stop their protest.