Evolution AB (Evolution) is a B2B solution provider for casino operators that offers live casino, game shows and slots. It also provides licenses to live casino solutions for various gaming operators. The company's games include live roulette, lightning roulette, live blackjack, live baccarat, craps, teen patti, mega ball, dual play, super sic Bo and dragon tiger and live poker among others. Evolution also provides live casino studios, land-based live casinos, live casinos for TV and mobile live casinos. The company markets products under the brand names Evolution, Ezugi, NetEnt, Red Tiger, and Big Time Gaming. Evolution is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Vasagatan 16, Stockholm, 11120
Website
www.evolution.com
No of Employees
13,366
Industry
Leisure and Arts
Ticker Symbol & Exchange
EVO (STO)
Revenue (2022)
$1.9B
23.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
27%
(2022 vs 2021)
Market Cap*
$25.6B
Net Profit Margin (2022)
XYZ
2.9%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Games: | Production and Development of Live Casino Solutions | Evolution |
| Live Casino | Ezugi | |
| Slots | Big Time Gaming | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company signed a new partnership with Rush Street Interactive, Inc. to enter the Delaware market to expand slot game offerings providing customers with unmatched entertainment experiences. |
| 2024 | New Products/Services | In February, the company and Betway introduced Betway XXXtreme Lightning Roulette for South Africa. |
| 2024 | Contracts/Agreements | In February, the company entered an agreement with Caesars Digital to set up dedicated studios in various US states. |
Competitor Comparison
| Key Parameters | Evolution AB | Playtech Plc | Betsson AB | Gamesys Group Ltd | Great Canadian Gaming Corporation |
|---|---|---|---|---|---|
| Headquarters | Sweden | United Kingdom | Sweden | United Kingdom | Canada |
| City | Stockholm | Douglas | Stockholm | London | North York |
| State/Province | Stockholm | Scotland | - | England | Ontario |
| No. of Employees | 13,366 | 7,300 | 2,189 | 1,530 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jens Von Bahr | Chairman | Executive Board | 2016 | 52 |
| Martin Carlesund | Chief Executive Officer | Senior Management | 2015 | 53 |
| Jacob Kaplan | Chief Financial Officer | Senior Management | 2016 | 50 |
| Sebastian Johannisson | Chief Strategy Officer | Senior Management | 2008 | 45 |
| David Craelius | Chief Technology Officer | Senior Management | 2016 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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