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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 […]
Casino
December 24, 2024
Evolution Under UKGC Scrutiny Amid Black Market Concerns
Evolution AB, a leading B2B online casino solutions company, is under investigation by the UK Gambling Commission (UKGC) due to claims of black-market activity. Evolution Pledges Support for UK’s Regulated Market During UKGC Review Process The UKGC started the review under Section 116 of the Gambling Act 2005 to check if unlicensed operators in the […]
Industry
December 19, 2024
Pennsylvania Fines Evolution for Surveillance Failures and Bans 17 People from Gambling
The Pennsylvania Gaming Control Board (PGCB) has fined Evolution US, LLC, a leading iGaming provider, $25,000 following a lapse in surveillance at its live dealer studio in Philadelphia. The authority also cracked down on several individuals, placing them on its involuntary exclusion lists. These penalties showcase Pennsylvania’s robust regulatory oversight over its gambling sector. The […]
Industry
November 27, 2024
Georgian Labor Union Accuses Government of Collusion with Evolution
In a sudden escalation of tensions, Georgian trade union Labor has accused government representatives of working alongside Evolution Georgia, a subsidiary of the global gambling technology giant. They allege the company is pursuing various avenues to force the protesters to end their strike. However, Labor remains adamant in its stance despite rising pressure. Strikers Allege […]
Legal
November 19, 2024
Evolution Files Motion to Uncover the Identities of Damning Report Authors
Evolution has filed a brief in New Jersey, once again seeking the identity of the group behind an anonymous 2021 report that damaged the company’s reputation. The company, which has insisted that the report’s findings are defamatory and false, has been trying to uncover the identity of its authors ever since. Evolution Continues to Seek […]