Martin Carlesund, CEO of Evolution Gaming, recently admitted during the Q2 earnings call that the company's investment in blocking illegal markets in Europe far exceeded expectations, affecting overall profitability in the first half of the year. He pointed out that although the measures are effecti
Evolution, the world's leading live casino provider, announced the opening of its first localized studio in São Paulo, Brazil, marking its official entry into this emerging regulated market.The new studio will initially focus on Blackjack games, specifically tailored for the Brazilian market, includ
Global iGaming giant Evolution released its Q2 2025 financial report, showing a 3.1% year-over-year increase in net revenue, but a decline in profit, indicating that its growth momentum is slowing. Despite the moderate revenue growth, profit dropped from last year's 269.1 million euros to 248.3 mill
Evolution has announced a new partnership with Bally’s Corporation, officially entering the Rhode Island market and launching customized live dealer tables in New Jersey and Pennsylvania, marking its coverage in all seven legal online casino states in the USA.Under the agreement, Evolution will laun
Internationally renowned gambling technology and content provider Evolution recently announced that its first live casino studio in Asia, located in Cebu, Philippines, has officially commenced operations, serving online gambling platforms licensed by the Philippine Amusement and Gaming Corporation (
Renowned live casino game developer Evolution has officially launched the innovative game "Red Door Roulette" in New Jersey and Delaware, marking another key milestone in its ongoing expansion in the US market. This live game show, which incorporates elements from "Crazy Time" and "Lightning Roulett
Evolution announced its revenue for the first quarter of 2025 as 520.9 million euros (592.1 million USD), a growth of 3.9% compared to the same period last year. Despite the positive revenue growth, both profit and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) have
The UK Gambling Commission has initiated a review of Evolution's operating license in the UK, as the regulatory body discovered that the company's games were being offered to unlicensed operators in the country.The supplier specializing in live dealers, Evolution, stated in a released statement that
Supplier Evolution Group has announced a new three-year partnership extension with FanDuel Casino, which will continue to make the supplier the exclusive provider of live dealer games for the casino.Under the latest expansion of the existing arrangement, players on the FanDuel platform will retain a
Evolution released its financial results for the third quarter of 2024, showing a 27.9% increase in operating revenue to 579 million euros ($626.8 million), with both profits and EBITDA also rising. Highlights of Q3 2024 This quarter, the supplier's operating revenue increased, with profits up
Evolution has launched its first live casino studio in the Czech Republic, featuring native Czech dealers. The provider had previously revealed in its first-quarter report that it would add a studio in the country, which has now officially started operations within a standalone facility at the Kajot
Evolution has successfully obtained a software supplier license issued by the Isle of Man. This allows Evolution to provide services to operators licensed in the Isle of Man, which has become increasingly popular among gaming companies in recent years.The license was issued with the assistance of th
Regarding this collaboration, Claudia Georgevici, the PR Manager at NetBet Denmark, said: “We are thrilled to welcome Evolution’s live dealer games to NetBet Denmark. This launch marks a significant milestone for our platform as we continue to provide the highest quality gaming experience to our p
Evolution has finalized plans to acquire Galaxy Gaming for approximately $85 million, a major strategic move that marks a key step in its expansion strategy into the U.S. market. The acquisition is strategically aligned with Evolution's goal to expand its presence in the United States and int
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