Evolution Gaming
Evolution is a game for managing resources that pits players against each against each other to consume as much food from the pool as possible. The player who eats all of the food in the pool wins. The game is played with a huge deck of trait cards as well as a built-in timer.
Evolution is a business-to-business company, licensing its games to online casinos such as DraftKings or Penn National Gaming. It also offers live game shows that mix entertainment and gambling.
Real-time
Evolution gaming is a provider of games in real-time that live streamed from studios across the globe. The live games are supported by professional dealers who interact with players in real-time. This gives players a true casino experience. The company provides a range of casino games such as roulette, blackjack and baccarat. Their software is customizable and localised to meet the demands of operators in emerging markets.
The company is a major player within the iGaming industry. It has studios in Spain and Malta as well as Romania. Recently, it has expanded into RNG games with acquisitions like Red Tiger, Nolimit City and DigiWheel. The company is focused on growing its business by combining acquisitions with internal development.
Dream Catcher is its newest game. It's a money wheel with a variety of betting options, with jackpots as high as PS33333. The company is developing new versions of games that are already in play, and tweaking them to make easier for players who are not experienced to play. HTML 5 will replace the flash interface of its previous games. This will allow them to be ported more easily to mobile devices.
In addition to a vast array of live dealer casino games, Evolution also offers a wide range of game shows. These include the well-known MONOPOLY and Deal or No Deal, as well as a host of other video games with themes. They provide high-quality graphics and streaming as well as a variety of betting options.
The company has studios all over the world. It is headquartered in Sweden. The live-casino software it uses is licensed by online casinos, where it is available alongside traditional games. It generates revenue by charging a 10% commission on each bet as well as fees to set up and operate live tables at casinos. 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 game options that offer the most enjoyable gaming experience. These include the classics like Blackjack and Roulette and also the newest more original games like MONOPOLY Live or Dream Catcher. These games have hosts and interactive elements that give players an immersive experience.
Evolution's solutions are customizable and adapted to the specific needs of each operator. This is crucial since different operators have different branding requirements and players' preference. Different casinos also have different levels of regulation and standards for conformity. Evolution's team is able to tailor an approach to meet the needs of each client.
The software that the company uses for live casinos is highly scalable, meaning it can handle hundreds or even thousands of players at a time without the need for additional staffing or technology. It enjoys the best profits of any in its field. The games are also accessible via mobile devices, offering an enjoyable and flexible gaming experience, no matter where or when the player decides to play.
Additionally, the company's centralized studios and equipment help cut costs by removing the expense of travel and accommodation for staff and dealers. These savings boost EBITDA margins and boost the loyalty of customers. In Q2 2023, Evolution's live casino segment accounted for 84 % of its revenue, and it grew by 34 percent YoY. The RNG business of the company however declined by 4 percent YoY, and was impacted by the poor performance of its international markets.
The business model of the company is based on commissions from licensed casino operators, as well as charges for setting up new customers. The company is able to benefit from an increased customer base without being directly affected by the wins and losses of its customers. This allows the company the opportunity to invest in its products and services. This allows it to keep its position as a market leader in the live dealer industry.
Localised
Evolution games offer players an authentic casino experience, without the need to leave their homes. Studio-produced games comply with the most prestigious gaming standards in the world. They include the standards of the Alderney Gambling Commissioner and the UK Gambling Commission. This ensures that Evolution's live games are fair and well-regulated and are essential for players.
The main business model of the company is to offer customized online casino services on digital platforms to operators in controlled markets. The company offers a range of table games, casino game shows and live dealer tables that are available in a variety of languages and currencies.
The most exciting live casino games are offered on trusted Evolution gaming websites, which provide secure banking options for deposits and withdrawals. They offer electronic wallets as well as debit and credit cards as well as prepaid vouchers and cryptocurrency. The top-rated Evolution gaming sites offer numerous promotions and bonuses that help players' accounts.
Tables at Evolution gaming sites can be customised to match the specific brand's image. They can be equipped with the logo of the company, and native-speaking dealers to create a more immersive experience. They can also feature multiple large screens for displaying promotions and other information.
Localised Evolution games offer operators a huge advantage because they offer players an authentic gaming experience. In addition, they benefit from the income that comes from a high rate of take. While this is a great business model for Evolution however, it could be impacted if new competitors with lower prices are introduced.
Evolution is still the leader in live casino games, despite the intense competition. The company is well-positioned to continue growing its market share thanks to an extensive portfolio of products 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 the need to replicate their systems. The company can also draw on its existing relationships and experience in running live casinos in each new territory.
Award-winning
Evolution Gaming is the top provider of live dealer casino games. The company's technological capabilities, product worth and popularity have earned them numerous awards. The live casino online games are designed as realistically as possible so that players can experience all the excitement of a real casino.
The live game suite offered by the company includes a range of well-known table games like blackjack, roulette and baccarat and also special games like Dream Catcher and a first-person version of roulette known as First Person Lightning Roulette. The company also offers a full range of RNG-based table games and has recently diversified into video slots with the acquisition of NetEnt, Red Tiger and Big Time Gaming.
These additions allow Evolution to provide its customers a full range of solutions, from full-on branded casinos to social games with multiple players. The games are available on the web and mobile devices that include iPhone and Android devices. In addition, Evolution has a wide selection of promotions that keep players entertained. These include instant prizes and competitions to reward loyal players.
The studio has won a number of important awards, including 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 due to its cutting-edge technology and unparalleled service. The games it produces are known for high-quality graphics and speedy gameplay.
Evolution has opened offices in states that have legalized online gaming. This is an indication of how well-known online casino gambling has become. It has opened studios and a site in Michigan and also Pennsylvania and New Jersey. The company is planning to establish a studio in Florida. This is a huge boost to the brand's image, and it may be able to take advantage of the growing market in the US.
Employees of the company have also been awarded awards, such as a UNI Global Union Freedom from Fear Award for workers in Georgia striking against Sweden's largest online casino. Workers have been protesting unsanitary and unsafe conditions at work poor pay, and the alleged harassment of management. The management of the company have threatened to seize the passports of workers if they don't stop protesting.