The Story of How Evolution Gaming Came to Rule the Live Casino Market

Founded in 2006, this B2B live casino provider has made a name for itself in the world of online gambling. There are almost no online casinos today where you will not find products from Evolution games. 온라인카지노

The company has managed to dominate with games and new exciting products. He has won several game awards over the years, most recently becoming the live casino provider of the year at the EGR B2B Awards 2020. 카지노사이트

Evolution Gaming doubled their profits last year

The year 2020 was a big year for many sports companies in general. Due to the COVID-19 epidemic and the cancellation of games, sports betting has dropped dramatically. Gaming casinos and gambling establishments were also closed, leaving gamblers with no choice but to seek alternatives. As a result, there has been a huge demand for online gaming products in an unprecedented way.

Evolution Gaming was one of those companies that benefited from the increase in the number of gaming players. Even in the first quarter of the year, they recorded almost double their profits.

From the records set by Stockholm's corporate list, it appears that Evolution Gaming's revenue reached € 115.1m in the first quarter of the year. This was forty-five percent higher than the company's record for the same period in 2019. Their profits grew by 90% to € 54.2m.

The company has acquired its largest share of growth in Asian markets, returning almost three times to € 20.8m. After that, it came from Europe, gaining 50% up and 54% from North America.

Evolution Gaming is constantly developing new games for the local market

One thing you can see about Evolution games is how they constantly develop games for specific markets. Their games cater to the needs of the audience in local markets, thus, helping them find reasons and attracting more customers.

For example, in 2018, they introduced Live Dragon Tiger, a popular game in India. The game is based on the Asian art tradition of Dragon and Tiger and incorporates certain Baccarat features. Making the game available in the Indian market has helped them gain a significant number of fans.

And, not long ago, a company in partnership with Betway launched Bollywood Roulette, a game based on European Roulette. The catch on Bollywood Roulette is that the live retailer speaks Hindi. Thus, Indians will be able to enjoy the popular game of Roulette in their native language.

The same strategy used in the local Indian market is used by the company to manage the live and international casino industry.

They bought small studios

In an effort to expand their collections and offerings, Evolution Gaming has announced one of the biggest deals in the world of iGaming in 2020. The company has donated $ 2.1 billion to acquire NetEnt, one of the leading space providers in the market.

This shows how Evolution Gaming has grown over the years. Many companies around the world today that started as a startup with Evolution Gaming are unable to pay $ 2.02 billion to find another market leader. It also proves that the live trader market is growing rapidly and could be as big as slots markets in the near future.

They are always the first in a whole new market

One way in which Evolution Gaming has been able to grow significantly is its rapid response to new markets. As soon as new opportunities open up in the country, the company finds a way to enter the market and offer its services there. For example the US gambling market recently opened online casinos. Evolution Gaming saw this opportunity immediately and partnered with WSI (Wynn Sports Interactive). This partnership allowed Evolution to begin offering its games to New Jersey players initially. But as more and more states are open to online casinos, products from Evolution are now available in many US states. 안전한카지노사이트