Evolution Gaming
Evolution is a game of resource management where players compete with each other for the most food they can from the communal pool. The player who eats all the food in the pool wins. The game comes with a large deck of trait cards, as well as an integrated timer.
Evolution is a business-tobusiness operator, licensing its games to online casinos such as DraftKings or Penn National Gaming. Evolution also offers live games that combine elements of gambling and entertainment.
Real-time
Evolution Gaming is a software developer that creates real-time casino game streams from studios around the globe. Their live games are backed by professional dealers who interact with players in real-time. This provides players with an authentic gaming experience and makes it feel as if they are actually playing in a casino. The company provides a range of casino games like blackjack, roulette and baccarat. The software can also be customized and localised in order to meet the requirements of operators on new markets.
The company is a major player within the iGaming sector. It has studios in Spain, Malta, Romania and more. It has recently expanded into the realm of RNG games, through acquisitions like Red Tiger, Nolimit City, and DigiWheel. The company is focused on growing its business by combining acquisitions and internal development.
Dream Catcher is its newest game. It's a cash wheel with a variety of side bets, as well as jackpots up to PS33333. The company is also working to create new variations of its existing games, and is tweaking them so that they are simpler to play for casual players. HTML 5 will replace the flash interface of its old 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 variety 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 offer high-quality graphics and streaming and a range of betting options.
The company has studios across 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. Its revenue is generated by an average of 10% on each bet, as well as the cost it charges to set up and run live casino tables. The company's success made it among the most valuable companies within the iGaming industry, with an estimated $24.6 billion market cap.
Customizable
Evolution offers a variety of live casino games that offer the most enjoyable gaming experience. These include classics like Blackjack and Roulette and newer more innovative games such as MONOPOLY Live or Dream Catcher. These games have hosts and interactive elements to provide players with a truly immersive experience.
In addition, Evolution's solutions are customizable and adaptable to the demands of each operator. This is crucial, since different operators have different branding requirements and player preferences. Additionally, different casinos have different levels of regulation and compliance standards. Evolution's team can tailor solutions to meet the requirements of each client.
The ability to scale the company's live casino software allows it to handle thousands or even hundreds of players per game, without the need for additional investments in technology or staffing. It enjoys the best profits of any in its field. The games are also available on mobile devices. This allows players to enjoy a flexible casino experience wherever they wish to play.
Moreover the company's central studios and equipment help cut costs by eliminating the expense of travel and accommodation for employees and dealers. These savings improve EBITDA margins and boost the loyalty of customers. In the second quarter of 2023, Evolution's live casino business accounted for evolutionkr.kr 84% of its revenue and increased by 34% year-over-year. The company's RNG business on the other hand decreased 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 casino operators, as well as charges for setting up new customers. The company is able to profit from an increase in its customer base, without being directly impacted by the winnings and losses of end users. It also allows the company to invest in the improvement of its products and services. This helps it to maintain its market-leading position in the live dealer business.
Localised
Evolution games are designed to give players the authentic casino experience without leaving home. Studio-produced games are compliant with the most prestigious standards for gaming 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 controlled and are essential for players.
The main business model of the company is to provide tailored 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 in a broad variety of languages and currencies.
Players can enjoy the thrill of playing the best live casino games at well-known Evolution gaming sites, which offer secure banking options for deposits and withdrawals. These include e-wallets credit and debit cards, prepaid vouchers, bank transfers and cryptocurrencies. The top-rated Evolution gaming websites offer a variety of bonuses and promotions that boost the player's accounts.
Tables at Evolution gaming sites can be customised to match a specific operator's brand identity. They can include the logo of the brand, and 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 provide operators with an enormous advantage since they give players an experience that is more authentic. They also profit from the revenue generated by the high take-rate. While this is an excellent business model for Evolution, it could be affected if new competitors with lower prices emerge.
Evolution is still the leader in live casino games despite the intense competition. The company is well-positioned to grow its market share due to an extensive product portfolio and a flexible platform that manages hardware, software video, employees and user data. This allows the company to expand into new markets, like the USA, without needing to replicate their systems. Additionally the company can leverage its existing relationships in each new region, as well as its expertise in operating an online casino.
Award-winning
Evolution Gaming is the top provider of live dealer casino games. The company's technology, quality and reputation have earned them numerous awards. The live casino games offered by the company are designed to be a realistic as possible, so players can experience the excitement of playing at the real casino online.
The live game suite offered by the company offers the most popular table games such as blackjack, roulette, and baccarat as well as games that are unique like Dream Catcher and First Person Lightning Roulette, an online version of roulette that is played by a first-person player. The company also offers a wide range of table games based on RNG and recently expanded to video slots after the acquisition of NetEnt, Red Tiger and Big Time Gaming.
These new features allow Evolution to offer a full range solutions to its clients including fully-branded casinos, as well as games that allow multi-players to play. The games are available on the internet and on mobile devices that include iPhone and Android devices. Additionally, Evolution has a wide range of promotions to keep players entertained. These include instant prizes and competitions to reward players for loyalty.
The studio boasts many prestigious awards which include the EGR B2B Online Casino Supplier of the Year for 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 high-quality graphics, speedy games and a variety of features.
Evolution has opened offices in states that have legalized online gambling. This is a sign of how popular online casino gambling has become. It has opened its own studios and website in Michigan as well as Pennsylvania and New Jersey. The company also plans to establish a Florida studio. This expansion will boost the image of the company and allow it to take advantage of the growing market in the US.
The employees of the company have also received awards, including the UNI Global Union Freedom from Fear award for employees in Georgia who are striking against the Swedish-owned online gaming giant. The employees have been protesting about unsanitary and unsafe working conditions, poor pay and alleged harassment by management. The management of the company has threatened to have the workers' passports confiscated if they don't stop their protest.