Evolution Gaming Evolution is a resource-management game where players compete against each other to consume as much food as possible from the pool that is shared. The first player to eat all the food in the pool wins. The game comes with a large deck of trait cards as well as a built in timer. Evolution is a business to commercial operator. It licenses its games to online casinos that have brands such as DraftKings and Penn National Gaming. Evolution also offers unique live game shows that combine elements of gambling and entertainment. Real-time Evolution Gaming is a company who creates live-time casino streams from studios all over the world. The live games are supported by professional dealers who interact with players in real time. This gives players a real casino experience. The company offers a variety of casino games such as roulette, blackjack and Baccarat. Their software can also be modified and localized to meet the requirements of operators operating on new markets. The company has been growing rapidly and is a major player in iGaming industry. It has studios across Spain, Malta, Romania and many more. Recently, it has expanded into RNG games through acquisitions such as Red Tiger, Nolimit City and DigiWheel. The company is focused on growing its business via a combination of acquisitions and internal development. Its newest game, Dream Catcher, is a money wheel with different side bets and jackpots that can reach as high as PS33,333. The company is also working on new variations of its existing games, and tweaking them to ensure that they are more accessible to play for those who aren't experienced. HTML 5 will replace the flash interfaces of its older games. This will allow for easier porting of them to mobile devices. In addition to a vast array of live dealer casino games Evolution also offers a wide range of game shows. They include the renowned MONOPOLY and Deal or No Deal, along with a range of other video games with themes. They offer state-of-the-art streaming, high-quality graphics, and an array of betting options. The company has studios throughout the world. It is headquartered in Sweden. The live-casino software it uses is licensed by online casinos where it is available alongside traditional games. The revenue generated is derived from an average of 10% on every wager, as well as the costs 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 variety of live casino games that give you the best gaming experience. There are classics like Blackjack and Roulette and more contemporary, unique games such as MONOPOLY or Dream Catcher. These games have hosts and interactive elements that give players an immersive experience. Evolution 's solutions can be customized and adapted to the specific needs of every operator. This is essential because different operators have different requirements for branding and player preferences. Furthermore, casinos with different brands have different levels of regulation and compliance standards. Evolution's team of experts are able to tailor the solution to meet every client's specific requirements. The scalability of the live casino software of the company allows it to handle hundreds and even thousands of players per game without requiring any additional investment in technology or staffing. It enjoys the best profits in its class. The games are also available on mobile devices. This allows players to enjoy a flexible casino experience, wherever they choose to play. Central studios and equipment also reduces costs by removing travel expenses and lodging expenses for other employees, dealers and staff. These savings help to improve EBITDA margins and enhance customer loyalty. In the second quarter of 2023, the company's live casino segment accounted for 84% of its revenues and grew by 34% YoY. The RNG business of the company however, declined 4% YoY and was affected 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 the cost of setting up for new customers. This allows the company to reap the benefits of increased customer growth without being directly affected by end user wins and losses. It also allows the company to invest in the improvement of its products and services. This helps the company maintain its leading position in the live dealer industry. Localised Evolution games are designed to provide players with a genuine casino experience, without the need to leave their homes. Studio-produced games comply with the most respected gaming standards around the world. This includes those of the Alderney Gambling Commissioner and the UK Gambling Commission. This ensures that Evolution's live games are fair and regulated, which is important to players. The primary goal of the business is to offer customized online casino services across digital platforms to operators operating in a the market that is regulated. The company offers a range of table games, game shows and live dealer tables in a wide range of currencies and languages. The most exciting live casino games are offered at reputable Evolution gaming websites, which provide safe banking options for deposits and withdrawals. They include electronic wallets, credit and debit card as well as prepaid vouchers and cryptocurrency. The top-rated Evolution gaming sites offer a variety of promotions and bonuses that help players' accounts. Tables at Evolution gaming sites can be customized to fit the specific brand's image. They can be equipped with the logo of the brand and dealers who are native-speakers to create a more immersive gaming experience. They can also feature multiple large screens for displaying promotions and other details. Localised Evolution games provide operators with an enormous advantage since they provide players with an authentic gaming experience. They also profit from the profits generated by the high take-rate. While this is an excellent business model for Evolution but it could be impacted if new competitors with lower prices emerge. Evolution is the best in live casino games, despite the intense competition. The company is well placed to grow its market share due to an extensive product portfolio and a scalable platform that manages hardware, software video, employees and user data. This enables the company to expand into new markets, such as the USA without the need to replicate their systems locally. The company can also leverage its existing relationships and expertise in operating live casinos in each new market. Award-winning Evolution Gaming is the leading provider of live dealer casino games. The company's technological capabilities, product quality and reputation have been recognized with numerous awards. The company's online live casino games are designed as realistically as possible to allow players to enjoy the thrill of the real casino. The live game suite of the company includes a range of well-known table games, including blackjack, roulette 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 provides a wide range of RNG-based games, and recently diversified its video slot portfolio by acquiring NetEnt Red Tiger and Big Time Gaming. These new features allow Evolution to provide its customers the full range of solutions that range from full-on casinos to multi-player social games. The games are accessible on the internet and on mobile devices, including iPhone and Android devices. Evolution offers a variety of promotions that keep players interested. These include instant rewards and competitions that reward players for their loyalty. The studio has been awarded a number of high-profile awards which include EGR B2B Supplier of the Year Online Casino for 10 consecutive Years. The Latvian company is at the top of its game thanks to its cutting-edge technology and unmatched quality of service. The games are renowned for their high-quality graphics, fast gameplay and a wide range of features. In a sign of the growing popularity of online casinos, Evolution has opened up offices in a variety of states that have legalized online gambling. It has opened a number of studios and a website in Michigan and also Pennsylvania and New Jersey. The company is also planning to open a studio in Florida. This expansion is a major boost to the brand's image and could be able to take advantage of the growing market in the US. Employees of the company have also been awarded awards, including the UNI Global Union Freedom from Fear Award for workers in Georgia on strike against Sweden's biggest online casino company. The workers have been protesting squalid and unsafe working conditions, poor pay and allegations of harassment by management. The company's managers have threatened to take away the workers passports confiscated if they don't stop their protest.
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