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Evolution

Founded 2006 Stockholm 24 games
24
Games in portfolio
2006
Founded
Stockholm
Headquarters

About Evolution

Company overview, history and positioning

Founded in 2006 by Jens von Bahr and Fredrik Österberg, Evolution is the company that created the modern live casino category and remains its undisputed global leader. Headquartered in Stockholm and listed on Nasdaq Stockholm under the ticker EVO, the group streams more than 2,000 live tables every day to licensed operators across Europe, the Americas and Asia, backing every table with technology built entirely in-house.

Evolution's studio network spans Latvia, Malta, Georgia, Romania, the United States, Canada and Latin America, feeding a multi-brand portfolio that includes flagship Evolution live tables, the Ezugi live-dealer brand built for the Americas, and RNG studios NetEnt, Red Tiger, Big Time Gaming and Nolimit City. Signature shows such as Crazy Time, Lightning Roulette and Monopoly Live sit alongside classic blackjack, roulette and baccarat streamed through the group's ONE integration platform.

With more than 19,000 employees and revenue of roughly €1.8 billion in 2023, Evolution holds B2B licences in over 30 jurisdictions, including Malta (MGA), the UK Gambling Commission, Sweden, Romania, Gibraltar, Ontario, New Jersey and Michigan. The group has been named EGR B2B Live Casino Supplier of the Year for fifteen consecutive years, a run unmatched anywhere in the industry.

Vision

Evolution's vision is to keep pioneering the future of interactive entertainment, using proprietary live-dealer and RNG technology to make every game session feel like a real casino floor, wherever in the world a player happens to be sitting.

Mission

Evolution's mission is to make its operator partners successful by delivering the industry's most entertaining live casino and RNG experiences, built and streamed through in-house technology and supported by studios spanning Europe, the Americas and Asia.

Values

  • Alive
  • Do Right
  • Work Together
  • Integrity & Accountability
  • Diversity & Collaboration
  • Entrepreneurial Speed

Market performance

Composite score based on RTP, release activity, casino presence and regional diversity
41 out of 100
C Established
Average RTP 97.17%
industry avg ~96.5%
Release activity 0 titles / yr
games shipped in last 12 months
Casino presence 3 / 10
top-tier operator integrations
Regional diversity 15 / 15
regulated markets covered

Top games by demand

Most-searched titles from Evolution
View all games
1
Crazy Time
RTP 96.08% High volatility 2020
106.1K
demand
2
Monopoly Live
RTP 96.23% Medium volatility 2019
11.9K
demand
3
Lightning Roulette
RTP 97.30% Medium volatility 2018
4.6K
demand

Awards

15 industry awards won
2024
EGR B2B Live Casino Supplier of the Year - 15th Consecutive Win
2024
EGR B2B Awards - Multiple Wins Across Live Casino, RNG and Innovation
2023
EGR B2B Live Casino Supplier of the Year - 12th Consecutive Win
2023
EGR B2B Awards - Five Wins for Evolution Group
2022
EGR B2B Live Casino Supplier of the Year - 11th Consecutive Win
2021
EGR B2B Live Casino Supplier of the Year - 10th Consecutive Win
2021
Global Gaming Awards - Triple Win for Evolution Group Brands
2020
EGR B2B Live Casino Supplier of the Year - 9th Consecutive Win
2020
SBC Awards - Innovation in Casino Entertainment (Crazy Time)
2020
Gaming Intelligence Awards - Casino Supplier of the Year
2020
Gaming Intelligence Awards - Game of the Year (Monopoly Live)
2020
Global Gaming Awards London - Online Casino Supplier of the Year
2019
EGR B2B Live Casino Supplier of the Year - 8th Consecutive Win
2018
EGR B2B Live Casino Supplier of the Year - 7th Consecutive Win
2010
EGR B2B Live Casino Supplier of the Year - First Win, Category Creator

Frequently asked questions

Answers about Evolution - licensing, catalogue, headquarters and contacts
Is Evolution licensed?
Yes. Evolution holds B2B licences and certifications in more than 30 regulated jurisdictions, including the Malta Gaming Authority, the UK Gambling Commission, Sweden's Spelinspektionen, Romania's ONJN, Gibraltar, and North American regulators in Ontario, New Jersey, Pennsylvania and Michigan, allowing its live casino and RNG content to be legally supplied across Europe, the Americas and beyond.
What games does Evolution offer?
Evolution supplies a broad live casino and RNG portfolio, including blackjack, roulette, baccarat and poker variants streamed live, plus signature game shows like Crazy Time, Lightning Roulette and Monopoly Live. Its RNG studios NetEnt, Red Tiger, Big Time Gaming and Nolimit City add thousands of slot titles, giving operators one of the widest content libraries in the industry.
Where is Evolution headquartered?
Evolution AB is headquartered in Stockholm, Sweden, where the group is listed on Nasdaq Stockholm under the ticker EVO. Beyond its Stockholm base, Evolution operates live-dealer studios and offices around the world, including Latvia, Malta, Georgia, Romania, the United States, Canada and across Latin America, supporting round-the-clock production for operators globally.
When was Evolution founded?
Evolution was founded in 2006 by Jens von Bahr and Fredrik Österberg, who set out to bring the live-dealer casino experience online for the first time. Since then, the company has grown from a single studio into the world's largest live casino supplier, expanding through acquisitions of NetEnt, Red Tiger, Big Time Gaming, Ezugi and Nolimit City.
What social media does Evolution have?
Evolution maintains an active corporate presence on LinkedIn, where it shares investor updates, studio openings and industry news, alongside official channels for its brands such as NetEnt and Red Tiger. As a Nasdaq-listed company, Evolution also communicates through its investor relations site and official press releases rather than consumer-facing social platforms.
How many games does Evolution have?
Across its combined brand portfolio - Evolution, Ezugi, NetEnt, Red Tiger, Big Time Gaming and Nolimit City - the group offers thousands of live casino tables and RNG slot titles. More than 2,000 live tables alone are streamed daily from its global studio network, making it one of the largest content libraries supplied to regulated operators anywhere.
What licences does Evolution hold?
Evolution holds B2B supply licences from more than 30 regulators, including the Malta Gaming Authority, UK Gambling Commission, Swedish Spelinspektionen, Romania's ONJN, the Gibraltar Gambling Commissioner, and North American regulators across Ontario, New Jersey, Pennsylvania and Michigan, reflecting its footprint as the industry's most widely licensed live casino supplier.
How can I contact Evolution?
Operators can reach Evolution through the official contact and partnership enquiry forms on evolution.com, or via its investor relations channel for shareholder matters. As a large B2B-only supplier, Evolution does not offer player support directly; individual questions about gameplay are handled through the licensed operator where the games are played.