About the same time as Microgaming decided to step into this arena. Now, they are beginning to focus on the fledgeling US online gambling market, establishing studios in New Jersey, and are looking to do the same in Pennsylvania and Michigan.Įvolution Gaming began operations in early 2006, three years after UK’s Playtech launched the first-ever live casino. The company showed continuous growth throughout the year and managed to close it out with post-tax profits of $322 million. Within six months, their stock ($EVO), trading on the Stockholm Stock Exchange, went from $72 to $122 a share, making it Sweden’s 13th largest business. The acquisition of NetEnt, which is now fully integrated with Evolution as one giant corporate entity, is paying massive dividends. In December of the same year, Evolution Gaming completed this takeover, attaining 96.8% shares of NetEnt for approximately $2.3 billion, making it the largest global game provider.Ģ020 was a record-setting year for Evolution Gaming. In June of 2020, it made headlines in the interactive gaming space as rumours began to fly that it was acquiring the massively popular Stockholm-based game developer NetEnt. However, in recent times, Swedish Evolution Gaming Group AB has emerged as this industry’s top dog. ![]() ![]() The world of online gambling has more than a few juggernauts that continuously vie to dominate this market.
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