Evolution Gaming
Evolution is a resource-management game where players compete with each other to consume as much food as they can from the communal pool. The first player to eat all of the food wins. The game comes with a huge deck of trait cards, as well as an integrated timer.
Evolution is a business-to-business operator that licenses its games to online casinos such as DraftKings or Penn National Gaming. Evolution also provides live games that combine gambling and entertainment.
Real-time
Evolution gaming is a provider of live casino games that live streamed from studios across the world. Live games are supported by professional dealers who interact with players in real time. This gives players an authentic gaming experience and gives the players the feeling that they're actually in a real casino. The company also provides a wide variety of table games at casinos that include blackjack, roulette, and Baccarat. The software is also customized and localised in order to meet the requirements of operators in new markets.
The company is growing rapidly, and is a major player in the gaming industry. It has studios in Spain, Malta, Romania, and more. Recently it has expanded into RNG games by acquiring companies such as Red Tiger, Nolimit City and DigiWheel. The company is focused on growing its business by combining acquisitions with internal development.
Its newest game, Dream Catcher, is a money wheel that has different side bets and jackpots that can reach as high as PS33,333. The company is also working on new variations of games that are already in play and is altering them to make them easier for casual players to play. In addition, it is in the process of introducing HTML 5 to replace the flash interface used by its older games. This will enable them to be ported more easily to mobile devices.
Evolution offers a variety of shows and games, including a large portfolio of live dealer games. They include the cult MONOPOLY, Deal or No Deal and a wide range of themed video games. They provide high-quality graphics and streaming, as well as a variety of betting options.
The company is headquartered in Sweden and has studios around the globe. The live casino software is licensed to casinos that operate online, and is offered alongside traditional games. The revenue generated is derived from an average of 10% on each bet and the costs it charges to set up and run live casino tables. The company's success made it among the most valuable companies in the iGaming sector, with a $24.6 billion market value.
Customizable
Evolution offers a variety of live casino game options that provide the best gaming experience. There are classics such as Blackjack and Roulette, as well as more modern, unique games like MONOPOLY or Dream Catcher. These games have hosts and interactive elements to provide players with a truly immersive experience.
In addition Evolution's solutions are flexible and able to meet the requirements of each individual operator. This is crucial since different operators have different branding requirements and players' preferences. Different casinos also have different levels of regulation and standards for conformity. Evolution's team can tailor a solution to meet the requirements of every client.
The software used by the company for live casinos is scalable, which means it can handle hundreds, or thousands of players simultaneously without the need for additional personnel or technology. This is why it enjoys best-in-class profit margins. The games are also accessible on mobile devices. This lets players enjoy a casino experience that is flexible wherever they wish to play.
The company's central studios and equipment also cut costs by removing travel expenses and lodging costs for other employees, dealers and staff. These savings can help improve EBITDA margins and enhance customer loyalty. In the second quarter of 2023, Evolution's live casino segment accounted for 84% of its revenues and increased by 34% year-over-year. The company's RNG segment on the other hand, declined 4% YoY and was affected by the poor performance of its international markets.
weblink of the company is based on commissions paid by licensed casino operators and charges for setting up new customers. This enables the company to reap the benefits of the growth in customer numbers without being directly impacted by the end-user's winnings and losses. This gives the company the opportunity to invest in its products and services. This allows it to keep an unbeatable position in the live dealer market.
Localised
The Evolution games are designed to give players an authentic casino experience without having to leave home. Studio-produced games are compliant with the most respected gaming standards in the world. These include those of the Alderney Gambling Commission as well as the UK Gambling Commission. This ensures that Evolution's live games are fair and controlled and fair, which is essential to players.
The company's primary business model is to offer customized online casino services on digital platforms to operators operating in a controlled markets. The company offers a variety of table games, casino game shows and live dealer tables in a wide range of languages and currencies.
The players can enjoy the excitement of playing the most exciting live casino games on reputable Evolution gaming sites, which offer secure banking options for deposits and withdrawals. These include electronic wallets as well as debit and credit cards, prepaid vouchers, banks and cryptocurrencies. Top-rated Evolution gaming websites offer a variety of promotions and bonuses that help the player's accounts.
Tables at Evolution gaming sites are able to be customized to fit the brand's identity of a particular operator. They can be branded with the logo of the company and offer native speaking dealers to create a symbiosis. They can also feature numerous large screens to show promotions and other information.
Localised Evolution games provide operators with a huge advantage because they provide players with a more authentic gaming experience. They can also benefit from the revenue generated by the high take-rate. This is a great business model for Evolution but it could be impacted if new competitors have lower prices.
Despite the competition, Evolution remains a leader in live casino games. The company is well placed to continue growing its market share with an extensive portfolio of products and a flexible platform that manages hardware, software video, employees and user data. This allows the company to expand to new markets, like the USA without having to replicate their systems. The company can also leverage its existing relationships and expertise in operating live casinos in each new territory.
Award-winning
Evolution gaming is the world's top provider of live-streamed casino games. The company's technology, value and reputation have been recognized with numerous awards. The live casino games are designed as realistically as possible so that players can feel the excitement of an actual casino.
The company's live game suite includes a range of popular table games such as roulette, blackjack and baccarat, as well as more niche games like Dream Catcher and a first-person version of roulette known as First Person Lightning Roulette. The company also offers a wide range of table games based on RNG and has recently expanded into video slots with the acquisition of NetEnt, Red Tiger and Big Time Gaming.
These enhancements allow Evolution to offer a complete range of services to its customers including fully-branded casinos, as well as multiplayer games that can be played with multiple players. The games are available on the internet and mobile devices which include iPhone and Android devices. Additionally, Evolution has a wide selection of promotions that keep players engaged. These include instant rewards and competitions which reward players for their loyalty.
The studio has been awarded numerous important awards such as EGR B2B Supplier of the Year Online Casino for a period of 10 consecutive years. The Latvian company is at the top of its game due to its high-tech technology and unparalleled level of service. Its games are well-known for high-quality graphics, speedy games and a variety of features.
In an indication of the increasing popularity of online casino gambling, Evolution has opened up offices in a variety of states where it has legalized online gambling. It has opened offices in New Jersey and Pennsylvania, and also a site in Michigan. The company is also planning to open a Florida studio. This expansion is a significant boost to the company's reputation, and it may be able to profit of the emerging market in the US.
Employees of the company have also received prizes, including a UNI Global Union Freedom from Fear Award for workers in Georgia striking against Sweden's biggest online casino company. The workers are protesting against unsafe and unsanitary working conditions, low pay and alleged harassment by management. The management of the company has threatened to have workers passports confiscated should they not stop their protest.