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Evolution Gaming Evolution is a game for managing resources that pits players against each other to eat as many meals from the pool as they can. The player who eats the most of the food first wins. The game is played with a huge deck of trait cards and a built-in timer. Evolution is a business-tobusiness operator and licenses its games to casinos online such as DraftKings or Penn National Gaming. Evolution also provides live game shows that mix entertainment and gambling. Real-time Evolution Gaming is a software developer that creates real-time casino game streams from studios around the globe. Live games are backed by professional dealers that interact with players in real-time. This gives the players an authentic gaming experience and gives the players the feeling that they are actually playing in a casino. The company provides a range of casino games, including blackjack, roulette and Baccarat. Their software is customizable and localized to meet the requirements of operators in new markets. The company is growing quickly, and is now an important player in the iGaming industry. It has studios in Spain and Malta and Romania. Recently it has expanded into RNG games by acquiring companies like Red Tiger, Nolimit City and DigiWheel. The company is focusing on building its business through an amalgamation of acquisitions and internal development. extra resources is its newest game. It's a cash wheel that offers a variety of side bets, as well as jackpots up to PS33333. The company is also working on new variations of existing games and making easier for players who are not experienced to play. HTML 5 will replace the flash interfaces of its older games. This will make it easier to transfer them to mobile devices. In addition to a vast array of live dealer casino games Evolution also offers a full selection of game shows. They include the well-known MONOPOLY, Deal or No Deal and a wide range of themed video games. They offer state-of-the-art streaming high-quality graphics, as well as an array of betting options. The company is based in Sweden and has studios across the world. The live casino software is licensed to casinos online, where it is available alongside traditional games. Its revenue is generated by an average of 10% on every wager in addition to the costs it charges to set up and operate live casino tables. Its success has made it one of the top companies in the iGaming market with a market capitalization of $24.6 billion. Customizable Evolution offers a wide range of live casino games that give the most immersive gaming experience. There are classics like Blackjack and Roulette, as well as more modern, innovative games such as MONOPOLY or Dream Catcher. These games are hosted by hosts and interactive elements that provide players with a truly immersive experience. Evolution's solutions can be customized and adapted to the particular needs of every operator. This is crucial, since different operators have different branding requirements and players' preferences. Additionally, different casinos have varying levels of regulation and compliance standards. Evolution's team of experts are able to customize the solution to suit every client's specific requirements. The scalability of the company's live casino software allows it to handle thousands, if not hundreds of players per game without the need for additional investments in technology or staffing. As a result, it is able to offer the highest margins of profit. The games can also be played via mobile devices, allowing the flexibility and enjoyment of a gaming experience, no matter where or when the player wants to play. The company's central studios and equipment also reduces costs by eliminating travel expenses and lodging expenses for other employees, dealers and employees. These savings can help improve EBITDA margins and increase customer loyalty. In Q2 2023, Evolution's live casino segment accounted for 84 % of its revenue, and grew by 34 percent YoY. The RNG business of the company, however, fell 4 percent YoY due to the sluggish performance of its international markets. The business model of the company is based on commissions from licensed casino operators, and charges for setting up new customers. This allows the company to reap the benefits of an increase in customer growth without being directly impacted by the end-user's winnings and losses. This allows the company the opportunity to invest in its products and services. This helps the company maintain its leading position in the live dealer industry. Localised The Evolution games are designed to give players a an authentic casino experience without having to leave home. They are developed in studios that are in compliance with the most highly regarded gaming regulations in the world, including those of the Alderney Gambling Control Board and the UK Gambling Commission. This ensures that Evolution's live games are fair and regulated which is crucial for players. The primary goal of the business is to offer customized online casino services across digital platforms to operators in controlled markets. The company offers a variety of table games, game shows and live dealer tables in a wide range of languages and currencies. Players can enjoy the thrill of playing the most exciting live casino games on well-known Evolution gaming sites, which offer secure banking options for deposits and withdrawals. They include electronic wallets as well as debit and credit cards and prepaid vouchers, as well as cryptocurrency. In addition the top-rated Evolution gaming sites provide a variety of promotions and bonuses to help players accounts. Tables at Evolution gaming sites are able to be customised to match the brand's identity of a particular operator. They can display the logo of the company and feature native-speaking dealers to create a symbiosis. They can also have multiple large screens to show promotions and other information. Localised Evolution games have a huge benefit for operators as they allow players to experience an experience that is more authentic. They also profit from the profits generated by the high take-rate. While this is a great 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-positioned to continue growing its market share due to a wide range of products and a flexible platform that handles software, hardware video, employees and the data of users. This enables the company to expand into new markets, like the USA, without having replicate their systems locally. The company can also leverage its existing relationships and experience in running live casinos in each new region. Award-winning Evolution gaming is the world's most renowned provider of real-time live dealer casino games. The company's technology, worth and popularity have earned them numerous awards. The company's live casino games are designed to be as realistic as possible, so players can experience the excitement of playing in the real casino online. The live game suite of the company includes a range of well-known table games like blackjack, roulette and baccarat and more specific games such as Dream Catcher and a first-person version of roulette known as First Person Lightning Roulette. The company also provides a complete range of table games based on RNG and recently expanded to video slots following the acquisition of NetEnt, Red Tiger and Big Time Gaming. These new features enable Evolution to provide its customers a full range of solutions including full-on casino brands to social games that can be played by multiple players. The games are accessible on the internet as well as mobile devices like iPhones and Android devices. Additionally, Evolution has a wide variety of promotions to keep players entertained. These include instant rewards and competitions which reward players for their loyalty. The studio has many prestigious award wins which include the EGR B2B Online Casino Supplier of the Year award for 10 consecutive years. The Latvian company has made it to the top of the market thanks to its state-of-the-art technology and unparalleled service. The games it produces are known for their high-quality graphics and fast gaming. In a sign of the growing popularity of online casino gambling, Evolution has opened up offices in a number of states where it has legalized online gambling. The company has opened offices in New Jersey and Pennsylvania, as well as a website in Michigan. The company is planning to create an office in Florida. This expansion is a major boost to the brand's image, and it may be able to take advantage of the growing market in the US. Employees of the company have also received awards, including the UNI Global Union Freedom from Fear Award for workers in Georgia on strike against Sweden's online casino giant. The workers have been protesting squalid and unsafe conditions at work, poor pay and allegations of harassment by management. The management of the company have threatened to take away the passports of workers if they do not stop their protest.