Evolution Slots & Games – Review, RTP & Titles List
Company Facts
| Founded | 2006 |
|---|---|
| Headquarters | Stockholm, Sweden |
| Licenses | Malta Gaming Authority (MGA), UK Gambling Commission (UKGC) |
Key Facts
Evolution AB is a Swedish gaming technology company founded in 2006 in Stockholm by Richard Hadida, Jens von Bahr and Fredrik Osterberg, which began as a B2B live-dealer platform streaming a single live roulette table from a rented studio in Riga, Latvia. The company is headquartered in Stockholm, Sweden, and is publicly listed on Nasdaq Stockholm under the ticker EVO, having completed its IPO on Nasdaq First North Premier on 20 March 2015 before moving to Nasdaq Stockholm's main market in 2017. Evolution holds a Malta Gaming Authority (MGA) licence (MGA/B2B/187/2010) and a UK Gambling Commission (UKGC) remote gambling software licence, alongside B2B licences in more than 20 other regulated jurisdictions. Over the past two decades Evolution has grown from that single Riga studio into what industry analysts widely describe as the dominant B2B live casino supplier, reporting more than 800 operator clients and roughly 22,000 employees across studios in Europe and the Americas. The company expanded its footprint through major acquisitions: it acquired NetEnt in a 2020 deal that also brought NetEnt's own 2019 acquisition Red Tiger Gaming into the group, then added Big Time Gaming in 2021 and Nolimit City in 2022, extending its reach from live-dealer tables into RNG slots and jackpot mechanics. Evolution's flagship live titles include Crazy Time, Monopoly Live and Lightning Baccarat, streamed from studios that serve regulated operators across Europe, Asia and the Americas.
- Founded 2006 in Stockholm, Sweden, starting with a single live roulette table streamed from a rented studio in Riga, Latvia.
- Publicly listed on Nasdaq Stockholm (ticker: EVO); IPO'd on Nasdaq First North Premier in March 2015, moved to the main market in 2017.
- Licensed by the Malta Gaming Authority (MGA/B2B/187/2010) and the UK Gambling Commission (UKGC), with B2B licences in 20+ jurisdictions.
- Widely reported as the dominant global B2B live casino supplier, serving 800+ operators from studios across Europe and the Americas.
- Grew via acquisition: NetEnt (2020, which brought in Red Tiger, acquired by NetEnt in 2019), Big Time Gaming (2021) and Nolimit City (2022).
More Games from Evolution
Crazy Time A 
MONOPOLY Live 
XXXtreme Lightning Baccarat 
First Person Golden Wealth Baccarat 
MONOPOLY Big Baller 
Super Andar Bahar FAQ
When and where was Evolution founded?
Evolution was founded in 2006 in Stockholm, Sweden, by Richard Hadida, Jens von Bahr and Fredrik Osterberg, starting with a single live roulette table streamed from a rented studio in Riga, Latvia.
Is Evolution publicly listed?
Yes. Evolution AB is listed on Nasdaq Stockholm under the ticker EVO. It completed its IPO on Nasdaq First North Premier on 20 March 2015 and moved to Nasdaq Stockholm's main market in 2017.
What studios has Evolution acquired?
Evolution acquired NetEnt in 2020 (which itself had acquired Red Tiger Gaming in 2019), followed by Big Time Gaming in 2021 and Nolimit City in 2022, expanding from live-dealer tables into RNG slots.
Is Evolution licensed?
Yes. Evolution holds a Malta Gaming Authority licence (MGA/B2B/187/2010) and a UK Gambling Commission remote gambling software licence, alongside B2B licences in more than 20 other regulated jurisdictions.