Evolution AB (publ) is a Sweden-based company that specializes in providing live casino solutions to the global online gaming industry. Since its founding in 2006 and subsequent listing on Nasdaq Stockholm in 2015, the company has focused on delivering real-time, interactive gaming experiences by streaming professional dealers from studio environments to operator platforms. Its offering includes classic table games such as roulette, blackjack and baccarat, as well as a growing portfolio of proprietary live game shows and RNG (random number generator) slot titles.
Evolution operates a network of purpose-built studios across Europe, North America and Latin America, serving licensed and regulated markets in more than 20 jurisdictions. Key studio locations include Malta, Georgia, the United Kingdom and North America, where the company holds licenses from major gaming authorities. By combining high-definition video streaming with customizable branding options, Evolution’s platform enables online casino operators to offer players an immersive, land-based casino feel in a digital environment.
Over the years, Evolution has expanded its footprint and product suite through strategic acquisitions, most notably the acquisition of NetEnt in 2020. This move broadened Evolution’s offerings with a leading portfolio of RNG-driven slot games and strengthened its position in core European and growth markets. The company continues to invest in new studio facilities, innovative game development and partnerships with operators across regulated markets.
Under the leadership of Chief Executive Officer Martin Carlesund, Evolution pursues a growth strategy centered on product innovation and geographic expansion. The executive team draws on deep industry experience in technology, gaming regulation and operations, positioning Evolution to capitalize on rising demand for live-dealer entertainment. The company’s ongoing investments in studio infrastructure and R&D aim to maintain its reputation as a market leader in live online casino solutions.
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