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Evolution Gaming Evolution is a game for managing resources that pits players against each the other to eat as much food from the communal pool as they can. The player who consumes all the food first wins. The game comes with a large deck of trait cards and a built in 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 provides live games that mix elements of entertainment and gambling. Real-time Evolution Gaming is a developer who creates live-time casino streams from studios all over the world. Their live games are supported by professional dealers who interact with players in real-time. This gives players an authentic gaming experience and makes the game feel like they're actually playing in a casino. The company also provides an array of casino table games, including roulette, blackjack and baccarat. The software can be customized and localised to meet the demands of operators in new markets. The company has been growing rapidly, and is a major player in gaming industry. It has a number of studios in Spain, Malta, Romania and more. It recently expanded into the world of RNG games, through acquisitions such as Red Tiger, Nolimit City and DigiWheel. The company is focusing on growing its business via a combination of acquisitions and internal development. Dream Catcher is its newest game. It's a cash wheel that offers a variety of side bets, and jackpots up to PS33333. The company is also working on new variations of games that are already in play and tweaking them to make them easier for casual players to play. HTML 5 will replace the flash interfaces of its older games. This will allow for easier porting of the games to mobile devices. Evolution offers a broad range of games and shows including a wide selection of live dealer games. They include the well-known MONOPOLY, Deal or No Deal and a variety of themed video games. They feature high-quality graphics and streaming as well as a variety of betting options. The company has studios across the world. It is headquartered in Sweden. Its live-casino software is licensed by online casinos where it is offered alongside traditional games. The company's revenue is derived from the 10% take rate for every bet, as well as the fees it charges to set up and operate live casino tables. The company's success made it among the most profitable companies in the iGaming industry, with an estimated $24.6 billion market cap. Customizable Evolution offers a wide variety of live casino games that offer the best possible 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 an immersive experience. Furthermore Evolution's solutions can be customized and adaptable to the demands of each individual operator. This is important since different operators have different branding requirements and player preferences. Furthermore, different casinos have different levels of regulation and compliance requirements. Evolution's team of experts can adapt the solution to meet the specific needs of each client. The ability to scale the company's live casino software allows it to handle thousands, if not hundreds of players per game, without the need for additional investment in technology or staffing. It boasts the highest profits of any in its field. Its games can also be accessed via mobile devices, allowing the flexibility and enjoyment of a casino experience no matter where and whenever the player chooses to play. Central studios and equipment also cut costs by eliminating travel expenses and accommodation expenses for other employees, dealers and staff. These savings increase EBITDA margins, and increase the loyalty of customers. In Q2 2023 Evolution's live-casino segment generated 84 percent of its revenue and grew by 34 percent YoY. The company's RNG segment however, declined 4% YoY and was affected by the poor performance of its international markets. The business model of the company is based on commission fees from licensed casino operators and the cost of setting up for new customers. The company is able to benefit from an increased customer base, without being directly affected by the wins and losses of its customers. This allows the company the opportunity to invest in its products and services. Suggested Resource site allows it to maintain a leading position in the live dealer market. Localised The Evolution games are designed to provide players with the 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 Commission and the UK Gambling Commission. This ensures that Evolution's live games are fair and controlled, which is important to players. The business model of the company is focused on providing customized online casino services to operators of controlled markets across digital platforms. The company offers a range of table games, casino game shows and live dealer tables in a broad range of currencies and languages. Players can enjoy the thrill of playing the most exciting live casino games at reliable Evolution gaming sites, which offer safe banking options for withdrawals and deposits. These include e-wallets, credit and debit cards, prepaid vouchers, banks and cryptocurrencies. In addition, top-rated Evolution gaming sites offer various promotions and bonuses to help players accounts. Tables that are dedicated at Evolution gaming sites can be customised to match the brand identity of a particular operator. They can feature the logo of the brand and provide dealers who speak native English to create an immersive environment. They can also feature multiple large screens that display information about promotions and other items. Localised Evolution games have a huge advantage for operators because they allow players to experience a more authentic experience. They also gain the profits generated by the high take-rate. While this is a fantastic business model for Evolution however, it could be impacted if new competitors with lower prices are introduced. Despite the competitive landscape, Evolution remains a leader in live casino games. The company is well-positioned to continue growing its market share due to a wide range of products and a scalable platform that manages hardware, software, video, employees and the data of users. This enables the company to expand into new markets, like the USA without the need to replicate their systems locally. Additionally the company can benefit from its existing relationships with each new market and also its experience in operating an online casino. Award-winning Evolution gaming is the world's leading provider of real-time live dealer casino games. The company has received numerous awards for its technology, product quality and reputation. The live casino games are created as realistically as is possible so that players can experience all the excitement of a real casino. The live game suite offered by the company includes tables with popular games like roulette, blackjack, and baccarat as well as niche games such as Dream Catcher and First Person Lightning Roulette, the first-person version of roulette. The company offers a broad selection of games that are powered by RNG and has recently expanded its selection of video slots by acquiring NetEnt Red Tiger and Big Time Gaming. These new features allow Evolution to offer its clients an array of options that range from full-on casinos to social games with multiple players. The games are available on the internet and mobile devices, including iPhone and Android devices. Evolution offers various promotions to keep players engaged. These can include instant prizes and competitions that reward players for loyalty. The studio has won a number of high-profile awards such as EGR B2B Supplier of the Year Online Casino for 10 consecutive years. The Latvian company has made it to the top of the market because of its cutting-edge technology and unparalleled service. Its games are renowned for high-quality graphics and speedy gaming. Evolution has opened offices in states that have legalized online gambling. This is an indication of how popular online gambling has become. It has opened its own studios and website in Michigan and also Pennsylvania and New Jersey. The company is also planning to establish an Florida studio. This expansion will boost the company's image and allow it to take advantage of a growing market in the US. Employees of the company have also been awarded awards, such as a UNI Global Union Freedom from Fear Award for workers in Georgia on strike against Sweden's biggest online casino company. The workers are protesting against unsafe and unsanitary working conditions, poor pay and alleged harassment by management. Management at the company has threatened to have the workers' passports confiscated should they not stop their protest.