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Evolution Gaming Evolution is a resource management game that pits players against each other to eat as many meals from the communal pool as possible. The first player to eat all the food wins. The game comes with a huge deck of trait cards as well as an integrated timer. Evolution is a business-to- company operator. It licenses its games to casinos online with branded names like DraftKings and Penn National Gaming. Evolution also hosts live game shows that combine entertainment and gambling. Real-time Evolution gaming is a provider of games in real-time which are streamed live from studios across the globe. Live games are backed by professional dealers that interact with players in real-time. This gives players an authentic gaming experience and makes it feel as if it's playing in a casino. The company offers a variety of casino games like blackjack, roulette and baccarat. Their software can also be customized and localized to meet the demands of operators operating on new markets. The company is a major player in the iGaming market. It has studios in Spain and Malta as well as Romania. Recently, it has expanded into RNG games by acquiring companies such as Red Tiger, Nolimit City and DigiWheel. The company is focused on establishing its business through an amalgamation of acquisitions and internal development. Dream Catcher is its newest game. It's a money wheel that has different betting options, with jackpots up to PS33333. The company is developing new versions of existing games and is making them easier for casual players to play. Additionally, it is adding HTML 5 to replace the flash interface that was used in its old games. This will allow them to be transferred more easily to mobile devices. Evolution offers a broad range of games and shows, including a wide selection of live dealer games. They include the renowned MONOPOLY and Deal or No Deal, as well as a host of other themed video games. My Source offer state-of-the-art streaming, high-quality graphics, and an array of betting options. The company is headquartered in Sweden and has studios all over the globe. Live casino software is licensed to casinos that operate online, and is offered alongside traditional games. Its revenue is generated by a 10% take rate on every wager, as well as the cost it charges to establish and operate live casino tables. Its success has made it one of the most profitable companies in the iGaming industry, with a market cap of $24.6 billion. Customizable Evolution offers a variety of live casino games that give the most enjoyable gaming experience. There are classics such as Blackjack and Roulette, as well as more modern, innovative games such as MONOPOLY or Dream Catcher. These games have hosts and interactive elements that provide players with a truly immersive experience. Evolution's solutions can be customized and tailored to the specific requirements of every operator. This is essential because different operators have different branding requirements and player preferences. Different casinos also have different levels of regulation and standards for conformity. Evolution's team of experts are able to adapt the solution to meet every client's specific requirements. The company's software for live casinos is scalable, so it can handle hundreds or thousands of players at once without the need for additional personnel or technology. It enjoys the best profit margins in its class. The games are also available on mobile devices. This lets players have a plethora of casino options regardless of where they want to play. Moreover the company's centralized studios and equipment can cut costs by eliminating the expense of travel and accommodation for dealers and other personnel. These savings increase EBITDA margins and also increase customer loyalty. In Q2 2023, Evolution's live casino segment accounted for 84% of its revenues and grew 34% YoY. The company's RNG business, on the other hand declined by 4 percent YoY and was impacted by the poor performance of its international markets. The business model of the company is based on commissions from licensed operators of casinos and the cost of setting up for new customers. This enables the company to profit from an increase in customer growth without having to be directly affected by the end-user's wins and losses. This gives the company to invest in its products and services. This helps it maintain an unbeatable position in the live dealer market. Localised Evolution games provide players with an authentic experience in the casino without the need to leave their homes. Studio-produced games conform to the most respected gaming standards in 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 well-regulated, which is important for players. The company's business model primarily is focused on providing custom online casino services to operators in controlled markets across digital platforms. The company offers table games, casino shows and live dealer gaming in a range of currencies and languages. The most exciting live casino games are available at trusted Evolution gaming websites, which provide safe banking options for both deposits and withdrawals. These include eWallets including debit and credit card and prepaid vouchers, as well as cryptocurrency. Additionally the top-rated Evolution gaming sites offer various bonuses and promotions to boost players' accounts. Tables at Evolution gaming sites can be customized to fit a specific operator's brand identity. They can be branded with the logo of the company and offer native speaking dealers to create a more immersive experience. They can also feature multiple large screens to display promotions and other information. Localised Evolution games can be a major advantage for operators since they allow players to enjoy a more authentic experience. Additionally, they benefit from the income that comes from a high take-rate. This is a great business model for Evolution but it could be impacted if new competitors offer lower prices. Evolution remains the market leader in live casino games despite the fierce competition. The company is well placed to grow its market share due to an extensive product portfolio and a scalable platform that handles hardware, software video, employees, and the data of users. This allows the company to expand into new markets, such as the USA without having to replicate their systems. The company can also leverage its existing relationships and experience in operating live casinos in each new market. Award-winning Evolution gaming is the world's most renowned provider of real-time live dealer casino games. The company's technology, product value 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 experience all the excitement of a real casino. The company's live game suite includes a range of well-known table games like roulette, blackjack and baccarat, as well as more niche games like Dream Catcher and a first-person version of roulette called First Person Lightning Roulette. The company provides a wide variety of games based on RNG, and has recently expanded its video slot portfolio with the acquisitions of NetEnt Red Tiger and Big Time Gaming. These new features allow Evolution to provide its clients an array of options including full-on casino brands to social games with multiple players. The games are accessible on the internet and mobile devices which include iPhone and Android devices. In addition, Evolution has a wide range of promotions to keep players interested. These include instant rewards as well as competitions that reward players for their loyalty. The studio has won several high-profile awards, including EGR B2B Supplier of the Year Online Casino for a period of 10 consecutive Years. The Latvian company has risen to the top of the industry due to its cutting-edge technology and unparalleled level of service. The games are renowned for their high-quality graphics and speedy gameplay and a wide range of features. In an indication of the increasing popularity of online casino gaming, Evolution has opened up offices in several states where it has regulated online gambling. The company has opened offices in New Jersey and Pennsylvania, as well as a site in Michigan. The company is planning to establish a studio in Florida. This expansion will boost the image of the company and enable it to profit of a growing market in the US. Employees of the company also have received awards, such as 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, poor pay and the alleged harassment of management. The managers of the company have threatened to confiscate the passports of workers if they don't stop protesting.