· Continued high demand for Live Casino +59% growth YoY · Announced acquisition of Big Time Gaming closed on June 30th · After the end of the period, the new Michigan studio was approved and is ready for launch
As Evolution AB (publ) (“Evolution”) published on 12 April 2021 it has entered into an agreement to acquire the entire issued share capital of Big Time Gaming Pty Ltd (“Big Time”) for a consideration payable in cash and Evolution shares (the “Transaction”). All regulatory approvals which the Transaction was conditional upon have now been received, and Evolution has today completed the Transaction and acquired the shares.
Evolution today announced the launch of Gonzo’s Treasure Hunt™, a ground-breaking online live game show and the world’s first live casino game to bring together live and slots-style gameplay, and the first with the option to play in VR (Virtual Reality) mode.
Evolution has announced that it has signed an exclusive agreement with Scientific Games to make Evolution’s multi-award winning live online Lightning Roulette game available as a showpiece physical game in land-based casinos worldwide.
Evolution today announced that it has gone live in the UK with online casino services for Entain plc group’s Ladbrokes and Coral brands, with the Gala Casino and Gala Bingo brands to follow. Entain plc (LSE: ENT) is one of the world’s largest sports-betting and gaming groups. It already partners with Evolution for the provision of online casino in a number of major European and US gaming markets.
At the annual general meeting in Evolution Gaming Group AB (publ) on 16 April 2021, income statements and balance sheets for 2020 for the company and the group were adopted and it was resolved on, among other things, a dividend of EUR 0.68 per share, discharge from liability for the board members and the managing director, re-election of the board members and the chairman of the board, amendment to the articles of association, authorisation for acquisition and transfer of own shares, authorisation for the board of directors to issue shares, warrants and convertible debt as well as authorisation for the board of directors to re-purchase warrants.
Evolution Gaming Group AB (publ) (“Evolution”) has entered into an agreement to acquire the entire issued share capital of Big Time Gaming Pty Ltd (“Big Time”) for a total consideration of up to EUR 450 million, payable in cash and Evolution shares (the “Transaction”).
The 2020 annual report of Evolution has today been published on the group’s website.
Evolution Gaming Group AB (publ), 556994-5792, holds an annual general meeting on Friday 16 April 2021. Due to the coronavirus (COVID-19) and the restrictions that have been introduced in order to prevent the spread of the infection, the board has decided that the annual general meeting shall be held without physical presence of shareholders, proxies and/or external parties and that the shareholders shall have the opportunity to vote by post prior to the general meeting.
