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Evolution Gaming Evolution is a game of resource management that pits players against each the other to eat as many meals from the communal pool as possible. The player who eats all the food items wins. The game comes with a large deck of trait cards and an integrated timer. Evolution is a business-to-business operator, licensing its games to online casinos like DraftKings or Penn National Gaming. Evolution also hosts live game shows that combine entertainment and gambling. Real-time Evolution Gaming is a developer that develops real-time casino game streams from studios around the world. Live games are backed by professional dealers that interact with players in real-time. This gives players a real casino experience. The company also offers an array of table games for casinos, including roulette, blackjack, and Baccarat. Their software can also be modified and localized to meet the demands of operators in new markets. The company has been growing rapidly and is a major player in the gaming industry. It has studios in Spain and Malta and Romania. It has recently expanded into the world of RNG games, with acquisitions like Red Tiger, Nolimit City and DigiWheel. The company is focused on growing its business by combining acquisitions and internal development. Dream Catcher is its newest game. It's a money wheel that has different side bets, as well as jackpots that can reach as high as PS33333. The company is also working to develop new variations of its existing games and tweaking them so that they are simpler to play for players who are not experienced. HTML 5 will replace the flash interface of its old games. This will make it easier to port them to mobile devices. Evolution offers a broad range of games and shows including a wide selection of live dealer games. These include the well-known MONOPOLY and Deal or No Deal, as well as a host of other video games that are themed. They offer high-quality graphics and streaming as well as a wide range of betting options. The company is based in Sweden and has studios across the globe. Live-casino software is licensed by online casinos where it is available alongside traditional games. It generates revenue by charging 10% commission on each bet as well as fees for the establishment and operation of live tables at casinos. Its success has made it one of the most profitable companies in the iGaming industry, with an estimated $24.6 billion market value. Customizable Evolution offers a range of live casino game options that offer the best gaming experience. There are classics, such as Blackjack and Roulette and more modern, innovative games like MONOPOLY or Dream Catcher. These games have hosts and interactive elements that give players an immersive experience. Evolution's solutions can be customized and adapted to the specific needs of every operator. This is crucial since different operators have different branding requirements and players' preferences. Different casinos also have different levels of regulation and compliance standards. Evolution's team can customize solutions to meet the requirements of each client. The software that the company uses for live casinos is scalable, which means it can handle hundreds, or thousands of players at a time without the need for additional staffing or technology. It has the highest profit margins in its class. The games are also available on mobile devices. This lets players enjoy a flexible casino experience regardless of where they want to play. The central studios and equipment can also reduce costs by eliminating travel and lodging costs for employees, dealers and staff. These savings can help improve EBITDA margins and enhance customer loyalty. In the second quarter of 2023, Evolution's live casino segment made up 84% of its revenue and grew 34% YoY. The company's RNG business however, declined 4 percent YoY, and was impacted by the weak performance of its international markets. The business model of the company is based on commissions from licensed casino operators and set-up charges for new customers. The company will benefit from an increased customer base without being directly impacted by the winnings and losses of the end users. It also allows the company to invest in the advancement of its products and services. This helps it to maintain its leading position in the live dealer business. Localised The Evolution games are designed to provide players with a genuine casino experience, without having to leave home. They are created in studios that adhere to the most respected gaming regulations around the world which include those of the Alderney Gambling Control Commission as well as the UK Gambling Commission. This ensures that Evolution's live games are fair and regulated and are essential for players. The primary goal of the business is to provide tailored online casino services across digital platforms to operators in regulated market. The company offers table games, casino shows, and live dealer gaming in a variety of languages and currencies. Players can enjoy the thrill of playing the best live casino games at reputable Evolution gaming websites, which provide secure banking options for deposits and withdrawals. They include eWallets as well as debit and credit cards and prepaid vouchers, as well as cryptocurrency. Besides the top-rated Evolution gaming sites offer various bonuses and promotions to boost players accounts. Tables that are dedicated at Evolution gaming sites can be customized to reflect the brand image of a specific operator. They can display the logo of the company and feature native-speaking dealers to create a symbiosis. They can also have numerous large screens to show promotions and other information. Localised Evolution games provide operators with a huge advantage because they offer players an experience that is more authentic. They also profit from the profits generated by a high take-rate. While this is a great business model for Evolution but it could be affected if new competitors with lower prices are introduced. Despite the competition, Evolution remains a leader in live casino games. The company is well placed to continue growing its market share due to an extensive product portfolio and a scalable platform that handles software, hardware video, employees, and user data. This allows the company to expand into new geographic markets, like the USA, without having to replicate their systems locally. The company also has the ability to leverage its existing relationships and expertise in operating live casinos in each new territory. Award-winning Evolution gaming is the world's leading provider of live, real-time casino games. The company has won numerous awards for its technology, product quality and reputation. The live casino online games are designed as realistically as they can be to allow players to feel the excitement of an actual casino. The live game suite of the company features tables with popular games like roulette, blackjack, and baccarat as well in niche games like Dream Catcher and First Person Lightning Roulette, the first-person version of roulette. The company provides a wide variety of games based on RNG, and recently diversified its selection of video slots through the acquisition of NetEnt Red Tiger and Big Time Gaming. These additions enable Evolution to offer a full range of solutions for its customers that range from fully-branded casinos to social games for multi-players. The games are accessible on the web and mobile devices, including iPhone and Android devices. Evolution offers various promotions to keep players engaged. These include instant prizes and competitions that reward loyal players. The studio has many prestigious awards which include the EGR B2B Online Casino Supplier of the Year award for 10 consecutive years. The Latvian company has risen to the top of the industry because of its cutting-edge technology and unparalleled level of service. The games are renowned for high-quality graphics, speedy game play and a broad range of features. Evolution has opened offices in states that have legalized online gambling. This is a sign of how popular online casino gambling has become. It has opened its own studios and website in Michigan, as well Pennsylvania and New Jersey. The company also plans to establish an Florida studio. This is a huge boost to the reputation of the company and may be able to take advantage of the growing market in the US. The company's employees have also been awarded awards, including the UNI Global Union Freedom from Fear award for workers in Georgia who are striking against the Swedish-owned online gambling giant. Workers have been protesting unsanitary and unsafe working conditions poor pay, and the alleged harassment of management. Management at the company has threatened to have workers' passports confiscated if they don't stop their protest.