EVOLUTION GAMING

EVOLUTION GAMING Overview

Company Headquarters: Latvia

Founded: 2006

Workforce: ~1,350

Company Working: Evolution Gaming is a Latvia-based developer of live casino games. It has several group companies across the globe in European and North American locations. According to the group’s CEO, the company operates in a single operating segment, the provision of solutions for Live Casino and associated services to gaming operators. The company licenses fully integrated live casino solutions for gaming operators. This allows customers to watch streams of live games and also take part in the games themselves. Some of the games include Lightning Roulette, Infinite Blackjack, Dragon Tiger, Football Studio, and others. It operates in Europe and North America.

Strategy

Evolution gaming follows both organic and inorganic growth strategies, under which it has developed new games such as lightning roulette in the past two years, which were successful launches and helped strengthen its partnerships with gaming operators. It has also expanded its studio locations to New Jersey to closely monitor and develop products for its long-term strategy in the US market. On the other hand, it has acquired some game developers and collaborated with others, such as Paddy Power Betfair PLC, to expand its market reach.

Company Snapshot

$25.95M

Revenue

1,350

Employees

2006

Founded

Latvia

Headquarters

SWOT Analysis

Strengths

Extensive catalogue of innovative games and services

Weaknesses

High dependency on the markets in the US and Europe

Opportunities

Rapid adoption of live casino games

Product Offering

EVOLUTION GAMING
- Casino

Financial Performance

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