Evolution Gaming
Evolution is a game of resource management in which players compete against each other for as much food as possible from the pool that is shared. The player who eats all the food first wins. The game features a tall deck of trait cards, as well as a built in timer.
Evolution is a business-tobusiness operator that licenses its games to branded online casinos like DraftKings or Penn National Gaming. Evolution also provides unique live game shows that combine elements of entertainment and gambling.
Real-time
Evolution Gaming is a developer who creates live-time casino streams from studios across the world. Their live games are backed by professional dealers who interact with players in real time. This gives players a real casino experience. The company also provides an array of table games for casinos that include blackjack, roulette, and baccarat. The software is also modified and localized to meet the requirements of operators operating on new markets.
The company is growing rapidly and is an important player in the gaming industry. It has studios in Spain and Malta and Romania. It has recently expanded into the realm of RNG games, with acquisitions such as Red Tiger, Nolimit City and DigiWheel. The company is focused on growing its business via the combination of acquisitions and internal development.
Dream Catcher is its newest game. It's a money-wheel that offers a variety of betting options, with jackpots up to PS33333. The company is also working to develop new versions of its existing games, and is tweaking them so that they are easier 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 make it easier to port games to mobile devices.
Besides a huge portfolio of live dealer casino games, Evolution also provides a comprehensive variety of game shows. They include the cult MONOPOLY, Deal or No Deal and a range of themed video games. They feature high-quality graphics and streaming as well as a wide range of betting options.
The company is headquartered in Sweden and has studios all over the world. Live-casino software is licensed by online casinos where it is offered alongside traditional games. It earns money by charging 10% commission on every bet, as well as the cost for the establishment and operation of live casino tables. The company's success made it among the most profitable companies in the iGaming industry, with a $24.6 billion market cap.
Customizable
Evolution offers a variety of live casino games that offer the most immersive gaming experience. These include the classics like Blackjack and Roulette and also the newest more original games such as MONOPOLY Live or Dream Catcher. These games have hosts and interactive elements that give players an immersive experience.
Evolution's solutions can be customized and tailored 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 compliance. Evolution KR can customize the solution to suit every client's specific requirements.
The company's software for live casinos is highly scalable, meaning it can handle hundreds or even thousands of players at once without requiring additional personnel or technology. This is why 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 wherever they wish to play.
The company's central studios and equipment also cut costs by eliminating travel and lodging costs for other employees, dealers and staff. These savings can help improve EBITDA margins and enhance customer loyalty. In Q2 2023 Evolution's live-casino segment accounted for 84 % of its revenue, and grew by 34 percent year-over-year. The company's RNG segment however, declined 4 percent YoY, and was impacted by the poor performance of its international markets.
The business model of the company is based on commissions paid by licensed casino operators, as well as the cost of setting up for new customers. The company is able to benefit from a growing customer base without being directly impacted by the winnings and losses of end users. This gives the company the opportunity to invest in its products and services. This helps it maintain 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 in the world. These include those of the Alderney Gambling Commission and the UK Gambling Commission. This guarantees that the live games offered by Evolution are regulated and fair which is crucial to players.
The company's business model primarily is focused on providing customized online casino services to operators of controlled markets across digital platforms. The company offers table games, casino shows, and live dealer games in a variety of currencies and languages.
The players can enjoy the excitement of playing the most exciting live casino games at reliable Evolution gaming sites, which offer secure banking options for withdrawals and deposits. These include e-wallets credit and debit cards, prepaid vouchers, cryptocurrencies and bank transfers. In addition the best-rated Evolution gaming sites provide a variety of bonuses and promotions to boost players account balances.
Tables that are dedicated at Evolution gaming sites can be tailored to match the branding of a specific operator. They can be equipped with the logo of the company, and dealers who speak native English to create a more immersive experience. They can also feature numerous large screens to show promotions and other information.
Localised Evolution games provide operators with an advantage as they offer players a more authentic gaming experience. In addition, they can profit from the revenue that comes from a high rate of take. While this is a fantastic business model for Evolution but it could be impacted if new competitors with lower prices are introduced.
Evolution remains the market leader in live casino games despite the intense competition. The company has a vast product line, a robust platform, and employees and user data. This allows the company to expand into new markets, including the USA, without needing to duplicate their systems. The company also has the ability to leverage its existing relationships and experience in running live casinos in each new region.
Award-winning
Evolution gaming is the world's top provider of live, real-time casino games. The company's technology, quality and reputation have been recognized with numerous awards. The live casino games offered by the company are designed to be as real-life experience, so players can experience the thrill of playing at an actual casino online.
The live game suite offered by the company offers popular table games like blackjack, roulette, and baccarat as well in niche games like Dream Catcher and First Person Lightning Roulette, the first-person version of roulette. The company also offers a full variety of table games that are powered by RNG and has recently diversified into video slots with the acquisition of NetEnt, Red Tiger and Big Time Gaming.
These enhancements allow Evolution to offer a full range solutions to its clients, from fully-branded casinos to multiplayer games that can be played with multiple players. Their games are available on the internet as well as mobile devices, including iPhones and Android devices. Evolution offers various promotions to keep players entertained. These include instant rewards as well as competitions which reward players for their loyalty.
The studio has many prestigious award winners among them the EGR B2B Online Casino Supplier of the Year award for 10 consecutive years. The Latvian company is at the top of its game thanks to its high-tech technology and unparalleled quality of service. The games it produces are known for high-quality graphics as well as fast gaming.
In an indication of the growing popularity of online casino gaming, Evolution has opened up offices in a variety of states where it has legalized online gambling. It has opened its own studios and website in Michigan as well as Pennsylvania and New Jersey. The company is also planning to open the first Florida studio. This expansion is a major boost to the brand's image, and it may be able to profit of the new market that is emerging in the US.
Employees of the company have also been awarded prizes, including a UNI Global Union Freedom from Fear Award for workers in Georgia on strike against Sweden's largest online casino. The workers have been protesting squalid and unsafe conditions at work as well as alleged harassment by management. The managers of the company have threatened to confiscate the passports of employees who do not stop their protest.