Evolution Gaming is known as the king of live casino content in gaming circles. They’ve been responsible for revolutionizing how casino content is consumed, with their interactive titles breathing new life into an arguably tiring experience. And as a result, the company has enjoyed unrivaled success over the years, with their share prices always regarded as a safe bet.
Up until recently, Evolution Gaming stocks, which fall under the Evolution AB banner, have been on an upward trajectory and showing no signs of slowing down or changing course at any point. But, the company hit the headlines recently for all the wrong reasons, with claims lodged via a third party that Evolution was illegally operating in prohibited jurisdictions.
It’s a claim the authorities took seriously, which led to a dramatic share price collapse of 19%. The Swedish company’s value fell by a stunning 96 billion Krona, and many suggested it would struggle to recover from this major hit. However, after calling in regulators themselves to conduct a review of operations, Evolution believes the claims were brought to discredit them by a rival in the industry.
Since making an official statement on the allegations, Evolution AB’s stock price has quickly made up lost ground, and then some, putting them in a stronger position than before, which will be to the fury of their detractors. And, they’re continuing to expand at breakneck speed, with their next move being to enter a brand new South American market in Argentina.
There hasn’t been a live casino content provider operating legally within the regulated market of Argentina before, so it’s a sign that Evolution Gaming will continue to grow legitimately around the globe. And, there’s a lot of content they can deliver to these various regulated markets.
Evolution’s live and interactive game shows are arguably what they’re best known for, and there are some excellent titles for players visiting one of their platforms to enjoy. Dream Catcher is the game that very much paved the way, which is a take on the Wheel of Fortune presented by a live host. They then evolved this product by introducing Crazy Time, which is a more colorful, quirky, and bigger payer than its predecessor. Plus is works well on smartphones and mobile devices.
Elsewhere, Evolution is also responsible for hit titles such as Monopoly Live and Deal or No Deal Live. Monopoly Live had Hasbro on board to deliver an authentic board game meets live casino content mashup. And, who can forget how good TV game show Deal or No Deal was? Well, now players have the opportunity to star in their own version of the show, on-demand, with some excellent prizes up for grabs.
It’s easy to see why Evolution is held in high regard by so many and why they remain a safe bet for anyone considering investing in shares. Even after a significant dip caused by questionable claims from a third party, they’re back on the up and powering ahead.
