Evolution Gaming
Evolution is a game of resource management that pits players against each the other to eat as much food from the communal pool as possible. The player who eats all of the food items wins. The game features a tall deck of trait cards and a built in timer.
Evolution is a business-tobusiness operator that licenses its games to branded online casinos like DraftKings or Penn National Gaming. It also offers live game shows that mix entertainment and gambling.
Real-time
Evolution gaming is a developer of live casino games that live streamed from studios around the world. Their live games are supported by professional dealers who interact with players in real-time. This provides players with a genuine casino experience. The company also provides a wide variety of table games for casinos, including roulette, blackjack and Baccarat. Their software can be customised and localized to meet the requirements of operators in emerging markets.
The company has grown rapidly and is an important player in the iGaming industry. It has studios in Spain, Malta, Romania and many more. Recently it has expanded into RNG games by acquiring companies like Red Tiger, Nolimit City and DigiWheel. The company is focused on building its business through a combination of acquisitions and internal development.
Dream Catcher is its newest game. It's a money wheel that has different side bets, and jackpots up to PS33333. The company is also developing new variants of existing games and tweaking them to make it easier for novice players to play. Additionally, it's introducing HTML 5 to replace the flash interface that was used in its previous games. This will allow them to be transferred more easily to mobile devices.
Evolution offers a broad range of shows and games, including a vast selection of live dealer games. They include the well-known MONOPOLY, Deal or No Deal and a range of themed video games. They feature state-of-the-art streaming technology high-quality graphics, as well as a wide range of betting options.
The company has studios all over the world. It is based in Sweden. Its live-casino software is licensed by online casinos, where it is offered alongside traditional games. The revenue generated is derived from a 10% take rate on each bet in addition to the fees it charges 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 capitalization of $24.6 billion.
Customizable
Evolution offers a wide range of live casino games that offer the most enjoyable gaming experience. There are classics, such as Blackjack and Roulette, as well as more modern, innovative games like MONOPOLY or Dream Catcher. These games have hosts and interactive elements that give players an immersive experience.
In addition Evolution's solutions are flexible and adaptable to the demands of each individual operator. This is crucial, since different operators have different branding requirements and players' preferences. Additionally, different casinos have varying levels of regulation and compliance standards. Evolution's team is able to tailor solutions to meet the requirements of each client.
The scalability of the software used by the company's live casino means that it can handle thousands or even hundreds of players at a time, without requiring additional investments in technology or staffing. In the end, it enjoys best-in-class profit margins. 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.
The central studios and equipment also reduces costs by removing travel expenses and lodging expenses for dealers, other personnel and employees. These savings aid in improving EBITDA margins and enhance customer loyalty. In Q2 2023, Evolution's live casino segment accounted for 84% of its revenues and increased by 34% year-over-year. The RNG business of the company, however decreased by 4 percent YoY due to 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. This enables the company to profit from an increase in customer growth without being directly impacted by the end-user's wins and losses. It also allows the company to invest in the development of its products and services. This helps it to maintain its market-leading position in the live dealer market.
Localised
Evolution games offer players an authentic experience in the casino without having to leave their home. They are created in studios that are in compliance 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 regulated and fair, which is important to players.
The main business model of the company is to provide customized online casino services on digital platforms to operators operating in a controlled markets. The company offers a variety of table games, game shows and live dealer tables in a wide range of currencies and languages.
The best live casino games are offered on reputable Evolution gaming websites, which provide secure banking options for withdrawals and deposits. They offer eWallets as well as debit and credit cards as well as prepaid vouchers and cryptocurrency. In addition the top-rated Evolution gaming sites offer a variety of promotions and bonuses to help players' accounts.
The tables that are devoted at Evolution gaming sites can be customized to match the brand identity of a particular operator. They can be equipped with the logo of the brand and native-speaking dealers to create a more immersive environment. They can also feature numerous large screens for displaying promotions and other information.
Localised Evolution games offer operators an advantage as they provide players with a more authentic gaming experience. They can also benefit from the revenue generated by a high take-rate. This is a good business model for Evolution however, it could be affected if new competitors offer lower prices.
Despite the competition, Evolution remains a leader in live casino games. The company is well-positioned to grow its market share due to a wide range of products and a flexible platform that handles hardware, software, video, employees and user data. This allows the company to expand into new geographical markets, such as the USA without the need to replicate their systems locally. Furthermore the company can benefit from its existing relationships in each new territory and its expertise in running live casinos.
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 of the company are designed to be as realistic experience as much as is possible, meaning players can feel the thrill of playing at a real casino online.
The live game suite of the company includes a range of popular table games, including blackjack, roulette and baccarat, as well as more specific games such as Dream Catcher and a first-person version of roulette dubbed First Person Lightning Roulette. The company also offers a wide range of RNG-based table games and has recently diversified into video slots following the acquisition of NetEnt, Red Tiger and Big Time Gaming.
These additions enable Evolution to provide a wide range of solutions for its customers, from fully-branded casinos to multiplayer games that can be played with multiple players. The games are available on the web and mobile devices which include iPhone and Android devices. Evolution offers various promotions to keep players engaged. These include instant prizes and competitions that reward players for loyalty.
The studio boasts many prestigious awards, including the EGR B2B Online Casino Supplier of the Year for 10 consecutive years. The Latvian company has risen to the top of the market thanks to its state-of-the-art technology and unbeatable service. Its games are renowned for high-quality graphics as well as fast gaming.
Evolution has opened offices in states that have legalized online gaming. This is an indication of how popular online gambling has become. It has opened offices in New Jersey and Pennsylvania, as well as a website in Michigan. The company is also planning to open an office in Florida. This will improve the company's image and allow it to take advantage of the growing market in the US.
The company's employees have also been awarded prizes, including a UNI Global Union Freedom from Fear award for employees in Georgia who are on strike against the Swedish-owned online gambling giant. The workers have been protesting against unsafe and unsafe working conditions, poor pay and alleged harassment by management. The management of the company has threatened to have workers' passports confiscated should they not stop their protest.