Legal
August 28, 2026
Black Cube’s Latest Discovery Request Faces Evolution Challenge
Evolution has asked a New Jersey court to toss out a sweeping new demand for evidence by investigative firm Black Cube, arguing the latest demands would needlessly expand the scope of their long-running legal battle. Evolution and Black Cube Clash Over Scope of Latest Discovery Bid The objection was filed by the Swedish live casino […]
Industry
August 27, 2026
St8 Expands Content Footprint in Alberta and Ontario with Evolution
St8, a casino games aggregation and full-service tech company for the iGaming sector, has once again expanded its content footprint in Alberta and Ontario, Canada, through a tie-up with Evolution. Both Partners Focus on Growth in the Canadian market As a result, partner operators who are licensed in either jurisdiction will have access to Evolution’s […]
Industry
August 24, 2026
Evolution Urges Shareholders to Reject Billionaire Kenneth Dart’s Takeover Bid
Billionaire Kenneth Dart has had his eyes set on buying Swedish gaming technology company Evolution through his Candle Lake Limited investment tool. However, Evolution has urged its shareholders to reject the offer, saying it is worth much more. Evolution Pushes for Rejecting the Bid Kenneth Dart spearheaded his bid for Evolution last month when he purchased […]
Business
August 15, 2026
An Evolution Acquisition Is Increasingly Unlikely
Billionaire investor Kenneth Dart has submitted his formal takeover bid for Evolution. However, this move is likely just a way for him to meet his legal responsibilities and does not constitute a real attempt to acquire the casino supplier. Shareholders appear to agree with this assessment, making the mandated takeover attempt exceedingly unlikely to succeed. […]
Legal
August 7, 2026
Black Cube Doubles Down on Evolution Misconduct Claims, Cites UKGC Settlement
Israeli investigation agency Black Cube’s legal battle against Evolution continues. In a new filing, the former party suggested that a recent settlement between Evolution and the UK Gambling Commission is another testament to the validity of its claims. Black Cube and Evolution Continue to Lock Horns This battle started in 2021 when an anonymous damning […]
Industry
July 27, 2026
Evolution Faces Unexpected Takeover Bid
The future of gambling giant Evolution is suddenly looking a lot less certain after billionaire investor Kenneth Dart purchased additional shares in the company, raising his stake above 30%. This move makes him legally obligated to submit a takeover bid for the company, potentially taking it private. However, Dart’s intentions remain uncertain, as does shareholder […]
Business
July 22, 2026
Evolution and Galaxy Gaming Snuff Out Merger Deal
Evolution announced that its M&A arrangement with Galaxy Gaming has fallen through. This comes shortly after the agreement’s official deadline expired. The Merger Will No Longer Happen A few days ago, Evolution published its Q2 report, outlining an increase in profit, despite a slight drop in revenue. In addition to disclosing its financial results, the […]
Business
July 17, 2026
Evolution Posts Increase in Q2 Profits, Despite Drop in Revenue
Evolution has published its financial results for the second quarter of the year, highlighting an increase in profit and earnings per share, despite a drop in net revenues and EBITDA. The results were mostly consistent with the prior-year ones. Evolution’s Revenues Declined, But Its Profits Increased In its interim report, Evolution outlined a slight decrease […]
Industry
July 16, 2026
Evolution Reaches $6.4M Settlement with UKGC
Evolution announced that it has reached a GBP 4.75 million ($6.38 million) settlement with the UK Gambling Commission (UKGC) in relation to a license review that was initiated in 2024. The company emphasized that the settlement reflects its ethos of always seeking to do what is right. Evolution Content Had Appeared on Unlicensed Platforms In […]
Legal
June 17, 2026
Playtech Remains Out of Evolution’s Anti-Competitive Lawsuit
A legal fight between two of the biggest technology suppliers to the gambling industry has taken another turn, with a New Jersey judge refusing to add Playtech as another defendant. The dispute stems from a controversial 2021 report that claimed Evolution was operating in restricted markets. Compiled by private intelligence firm Black Cube, the paper […]
