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Legal
March 20, 2024
Evolution Seeks to Reveal the Identity of Rival Who Alleged Misconduct
Back in 2021, an anonymous company submitted a report in which it alleged that live specialist Evolution had been involved in misconduct and had operated its products in prohibited jurisdictions. Years later, the former company’s identity might finally be revealed, should Evolution’s lawsuit succeed. For reference, Evolution denied the original claims, slamming them as defamatory. […]
Legal
March 5, 2024
Evolution Faces Lawsuit for Alleged Unlawful Business Practices
Pomerantz LLP, a law firm specializing in securities litigation, has announced the filing of a class action lawsuit against Evolution AB. The legal action revolves around allegations that Evolution and certain officers and directors engaged in securities fraud or other unlawful business practices, leading to incidents that negatively impacted the company’s share price. Ongoing Challenges […]
Business
March 1, 2024
Evolution Europe CCO Sjöberg Stepping Down After Garden Leave
Evolution Europe’s chief commercial officer, Björn Sjöberg, has ended his garden leave that extended over a period of six months, announcing he will step down from his current position in the next two weeks. “Time Flies When You Work Hard!” Sjöberg took it to his LinkedIn account to make the announcement. He started his statement […]
Business
February 21, 2024
Evolution Strengthens NA Partnership with Caesars Digital
B2B online casino services provider Evolution has unveiled a new strategic agreement with Caesars Entertainment’s online arm, Caesars Digital. Under the deal, the companies will reinforce and expand their existing partnership in North America. The former company referred to the deal as a “groundbreaking partnership,” saying that Evolution and Caesars will work together to establish […]
Legal
February 20, 2024
Evolution Has Violated No Rules, New Jersey’s Regulator Says
Evolution, а B2B online casino services supplier, announced that its recent hurdles in New Jersey have been resolved. As announced by the company, its investigation by the New Jersey Division of Gaming Enforcement (NJDGE) has been closed. For reference, the investigation stemmed from a report from November 2021. The report was filed by an anonymous […]
Business
February 6, 2024
Evolution to Acquire Livespins in a $5.4M Deal
A few days after posting an impressive 2023 financial report, Evolution has unveiled a major acquisition deal. As announced, the leading B2B casino solution provider will acquire the socially charged product Livespins in a EUR 5 million (approximately $5.4 million) deal. Livespins, for reference, is an innovative product that allows players to bet behind their […]
Business
February 1, 2024
Evolution Wraps up a Successful Q4 and 2023, Posts Strong Results
Evolution, the leading business-to-business supplier of technology, content and solutions, catering to the global gambling and betting industry, uncovered details regarding its fourth quarter and full year 2023 performance. The company’s latest financial update emerged Thursday, pointing to strong growth in operating revenues, EBITDA and operating profit. The latest trading update reveals that Evolution’s operating […]
Legal
January 25, 2024
Evolution Faces Legal Action over Disclosures and Regulatory Compliance
A class action lawsuit has been filed against Evolution by consumer and class action specialists Federman & Sherwood. The suit alleges Evolution deceived investors regarding its growth trajectory and compliance with US law, undermining its revenue and growth. The lawsuit covers the period between 14 February 2019 and 26 October 2023, seeking to recover damages […]
Casino
December 15, 2023
Evolution Introduces Crazy Time Live Casino Game in New Jersey
Enter Crazy Time, the award-winning game show by the company, which is now available in the Garden State and will bring a bit of Evolution magic to the local gaming scene. The title has already made its mark on Europe and is now going to try and steal audiences away from similar formats in the […]
Industry
December 5, 2023
Playtech and Evolution Join Danish Betting and Casino Trade Group
Evolution and Playtech are both distinguished companies with tremendous clout, which now extends not just to the Danish market but also to Spillebranchen, the industry body that is working hard to establish robust standards in an evolving industry. Evolution and Playtech to Help Build Safer Gambling in Denmark The focus of the work is on […]
