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Gambling News - 'Evolution'
Legal
April 24, 2025
Evolution Accuses Black Cube of Shifting Focus Away from Its Client
Black Cube has reiterated its claims against Evolution, saying that it will present more evidence, if needed. Evolution, however, believes that this claim is just an attempt to shift attention from the identity of the mysterious report commissioner. The Legal Battle Has Been Running for Years In 2021, an anonymous company compiled a damning report, […]
Legal
April 22, 2025
Author of Damaging Evolution Report Revealed to Be Black Cube
Shortly after the New Jersey Supreme Court denied the motion to block Evolution’s request to reveal who its mysterious accuser was, the law firm Calcagni & Kanefsky (CK) revealed that the company in question was Black Cube, an Israeli intelligence specialist. The Report Damaged Evolution In 2021, an anonymous company compiled a highly damaging report […]
Legal
April 17, 2025
Appeal to Keep Evolution’s Accuser Anonymous Denied
The New Jersey Supreme Court has rejected an appeal request submitted by Calcagni & Kanefsky, the law firm representing the unidentified Evolution accuser, to keep them anonymous. Supreme Court Denied Client Anonymity Appeal Evolution is currently involved in a year-long lawsuit arising from allegations that the major gaming company employed misleading tactics, among other concerns. […]
Legal
April 11, 2025
Evolution Reignites Legal Battle against Light & Wonder
The legal dispute between Light & Wonder and Evolution has returned to the limelight as the Swedish live casino powerhouse seeks to broaden its previous patent infringement lawsuit. This development follows a new game release by Light & Wonder that Evolution claims directly rips off one of its signature offerings. Past precedent has seen courts […]
Legal
March 14, 2025
Evolution Report Author’s Defense Appeals, Wants to Protect Client
A years-long legal dispute stemming from accusations that the leading gaming company, Evolution, engaged in deceptive tactics, among other issues, gained traction recently. Late last month, Judge John C. Porto ordered the unmasking of the company that compiled a damaging report into Evolution. The disclosure of the identity of the investigative firm behind the report […]
Casino
March 7, 2025
NJ Court to Decide on Unmasking Evolution Report Author by March 28
A New Jersey judge plans to rule on March 28 about granting a stay in the ongoing legal fight over revealing who wrote a controversial 2021 report. This report had a negative impact on the market value of gaming giant Evolution AB. Evolution Opposes Effort to Block Report Author Disclosure Judge John C. Porto had […]
Legal
March 4, 2025
Lawyers Push to Keep Evolution Accuser Anonymous, File Appeal
A long-term legal dispute revolving around a 2021 report, accusing the leading gaming company, Evolution, of offering its services in different markets and using deceptive tactics, picked up significant speed. Last week, Evolution moved a step closer in uncovering the identity of the entity or entities behind the damaging report from 2021. Calcagni & Kanefsky […]
Industry
March 3, 2025
Evolution Closes In on Anonymous Group Behind Damaging Report
A major court win has brought Evolution AB one step closer to unmasking the identity of the enigmatic entity behind a 2021 anonymous report that sparked a massive sell-off, wiping billions off the company’s market value. A New Jersey Superior Court judge has ruled that the report’s authors must be revealed, marking a significant victory […]
Business
January 30, 2025
Evolution Ends 2024 on a Strong Note Despite Rising Headwinds
Global online casino games and live dealer services leader Evolution recently announced its Q4 financial results for 2024, which saw positive revenue and earnings growth despite ongoing operational challenges. The company outlined strategic expansion initiatives and new products for 2025, while margin forecasts remain conservative due to regulatory challenges and persistent cyber-security threats across key […]
Business
January 24, 2025
Redburn Atlantic: Regulatory Probe Endangers Evolution’s Valuation
Leading innovator in product development and advanced IT solutions for online casinos, Evolution, is facing challenges amid a fresh report by Rothschild & Co’s public equities arm, Redburn Atlantic. Among other things, the report considers the regulatory scrutiny the company is subject to as a potential risk to its valuation. Evolution Taking “Forceful Action Using […]