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Evolution Gaming Evolution is a resource-management game where players compete with each other to consume as much food as they can from the pool that is shared. The player who eats the most of the food first wins. The game includes a large deck of trait cards as well as an integrated timer. Evolution is a business-to-business company that licenses its games to branded casinos online such as DraftKings or Penn National Gaming. It also offers live games that combine gambling and entertainment. Real-time Evolution Gaming is a developer that creates real-time casino game streams from studios around the world. Their live games are supported by professional dealers who interact with players in real-time. This provides players with a genuine casino experience. The company offers a variety of casino games, like blackjack, roulette and baccarat. Their software is customizable and localised to meet the demands of operators in emerging markets. The company is growing rapidly, and is a major player in iGaming industry. It has a number of studios in Spain, Malta, Romania, and more. Recently, it has expanded into RNG games with acquisitions like Red Tiger, Nolimit City and DigiWheel. The company is focused on growing its business via an amalgamation of acquisitions and internal development. Its latest game, Dream Catcher, is a money wheel that has different side bets and jackpots which can reach as high as PS33,333. The company is developing new versions of games that are already in play and altering them to make them easier for casual players to play. Additionally, it's introducing HTML 5 to replace the flash interface used by its old games. This will allow them to be ported more easily to mobile devices. Apart from a wide range of live dealer casino games, Evolution also provides a comprehensive range of game shows. They include the popular MONOPOLY, Deal or No Deal and a range of themed video games. They offer high-quality graphics and streaming, and a range of betting options. The company is headquartered in Sweden and has studios around the world. Live-casino software is licensed by online casinos where it is available alongside traditional games. The company's revenue is derived from the 10% take rate on every wager, as well as the fees it charges to set up and run live casino tables. Its success has made it one of the top companies in the iGaming sector, with a market cap of $24.6 billion. Customizable Evolution offers a wide range of live casino game options that give you the most enjoyable gaming experience. There are classics like Blackjack and Roulette as well as more contemporary, unique games such as MONOPOLY or Dream Catcher. These games feature hosts and interactive elements that give players an immersive experience. Evolution's solutions are customizable and tailored to the specific requirements of every operator. This is crucial because different operators have different branding requirements and player preferences. Furthermore, different casinos have varying levels of regulation and compliance requirements. Evolution's team can tailor solutions to meet the needs of every client. The scalability of the live casino software of the company means that it can handle hundreds and even thousands of players per game without requiring any additional expenditure in staffing or technology. It enjoys the best profits in its class. The games are also accessible on mobile devices. This allows players to enjoy a flexible casino experience regardless of where they want to play. The company's central studios and equipment can also reduce costs by removing travel expenses and lodging expenses for dealers, other personnel and employees. These savings increase EBITDA margins and boost the loyalty of customers. In Q2 2023, Evolution's live casino segment accounted for 84% of its revenue and grew by 34% YoY. The RNG business of the company, however declined by 4 percent YoY due 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 charges for setting up new customers. The company will profit from an increase in its customer base, without being directly impacted by the winnings and losses of its customers. It also allows the company to invest in the advancement of its products and services. This allows it to maintain a leading position in the live dealer market. Localised Evolution games provide players with an authentic experience in the casino without the requirement to leave their homes. They are produced at studios that comply with the most prestigious gaming regulations in the world which include those of the Alderney Gambling Control Commission as well as the UK Gambling Commission. This guarantees that the live games offered by Evolution are fair and controlled, which is important to players. The company's business model primarily is focused on providing customized online casino services to operators in the digital marketplaces that are regulated. The company provides a variety of table games, shows of casino games and live dealer tables in a broad variety of languages and currencies. Players can experience the excitement of playing the best live casino games at reliable Evolution gaming sites, which offer safe banking options for deposits and withdrawals. These include electronic wallets credit and debit cards, prepaid vouchers bank transfers and cryptocurrencies. The top-rated Evolution gaming sites offer various bonuses and promotions that boost the player's accounts. Dedicated tables at Evolution gaming sites can be tailored to match the brand identity of a particular operator. They can include the logo of the company, and native-speaking dealers to create a more immersive environment. They can also feature numerous large screens to display information about promotions and other items. Localised Evolution games give operators an advantage as they give players an experience that is more authentic. In addition, they can profit from the income that comes from a high rate of take. While this is a fantastic business model for Evolution, it could be affected if new competitors with lower prices emerge. Despite the competition, Evolution remains a leader in live casino games. The company has a vast product portfolio, a scalable platform and has employees and customer data. This allows the company to expand into new markets, like the USA without having to replicate their systems. The company also has the ability to 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 technology, product worth and popularity have won them numerous awards. The live casino games of the company are designed to be a real-life experience, so players can experience the thrill of playing in the real casino online. The company's live game suite includes a range of well-known table games, including blackjack, roulette and Baccarat, as well as more specific games such as Dream Catcher and a first-person version of roulette called First Person Lightning Roulette. The company offers a wide selection of games that are powered by RNG and has recently expanded its video slot selection through the acquisition of NetEnt Red Tiger and Big Time Gaming. These enhancements enable Evolution to provide its customers a full range of solutions including full-on casino brands to social games with multiple players. The games are accessible on the internet and on mobile devices that include iPhone and Android devices. Evolution offers numerous promotions to keep players entertained. These include instant prizes and competitions to reward loyal players. The studio has been awarded several high-profile awards such as EGR B2B Supplier of the Year Online Casino for 10 consecutive years. The Latvian company has risen to the top of its game thanks to its state-of-the-art technology and unparalleled level of service. Its games are well-known for their high-quality graphics, fast games and a variety of features. In an indication of the increasing popularity of online casino gaming, Evolution has opened up offices in a number of states where it has regulated online gambling. The company has opened offices in New Jersey and Pennsylvania, as well as a website in Michigan. The company is also planning to establish the first Florida studio. This expansion is a significant boost to the company's reputation and could be able to profit of the emerging market in the US. The employees of the company have also won awards, including a UNI Global Union Freedom from Fear award for employees in Georgia who are on strike against the Swedish-owned online casino giant. The employees have been protesting about unsafe and unsanitary working conditions, low pay, and alleged harassment from management. The management of the company have threatened to confiscate the passports of workers who do not stop their protest.