- Business
- Evolution AB (publ) (EVO.ST) develops, produces, markets and licenses fully integrated B2B online casino solutions to gaming operators worldwide; core offerings encompass live casino games, live game shows, slots, RNG-based table games and first-person titles delivered via brands including Evolution, NetEnt, Red Tiger, Big Time Gaming, Nolimit City, Ezugi, DigiWheel and Livespins; specific products feature innovative live titles such as Lightning Bac Bo, Fireball Roulette, Crazy Time and MONOPOLY Live alongside RNG slots with mechanics like Megaways, high-volatility games and engagement tools including progressive jackpots, Smart Spins and Tournaments. Founded in 2006 and headquartered in Stockholm, Sweden, the company operates studios across Europe, North America, Latin America and other regions, serving over 800 customers including tier-1 operators and land-based casinos in regulated markets; it employs more than 22,000 people and maintains a scalable platform focused on operational excellence, product innovation and expansion into new geographies. Recent developments include the extension of its merger agreement with Galaxy Gaming through July 2026 to advance the acquisition of side-bet products and table games announced in 2024; new product launches such as Red Baron crash game, Red Door Roulette in Spain, Insurance Baccarat and Marble Race; and an exclusive partnership extension with PlayStar for live casino in New Jersey, alongside ongoing share repurchase programs to optimize capital structure.