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Evolution Acquires Arcadia to Enrich Its Live Games Portfolio

Evolution Acquires Arcadia to Enrich Its Live Games Portfolio

18/09/2024
Evolution, a leading gambling group, has announced its decision to buy out Arcadia Gaming Solutions, the Netherlands’ provider of digital entertainment technologies.

Evolution and Arcadia Gaming Solutions: acquisition

The deal is set to close later this year. The parent corporation will make a €2.5 million upfront payment now and spend more in 2027 orienting on the new subsidiary’s performance.

Arcadia’s Business Journey

The relatively young brand was founded in 2019 by Arion Labs. The studio has quickly built a strong image as an innovator that designs top-notch arcades for internet casinos.

The team transforms traditional entertainment into immersive live games. One of the company’s most significant hits is Fortune Pusher.

The enterprise has offered a novel online gambling category for the international arena. Arcadia opens the world of stationary machines that are available to players via portable and desktop gadgets.

The studio itself considers the following features to be its strengths:

  • creativity;
  • in-depth expertise;
  • impressive tech abilities.

Combining these characteristics allows the team to deliver a thrilling gaming experience via exceptional and innovative content. Another brilliant asset of the brand is a global B2B solution for high-quality, seamless video streaming. This technology was among the main benefits that made the acquirer pay close attention to Arcadia.

Evolution’s Plans and Goals

The latest agreement is part of the corporation’s broader growth and expansion strategy. The gambling provider gained spectacular revenue of €1.80 billion last year, and live gaming products generated a whopping 84.7%.

The CEO mentioned that the company would not cease to develop. According to Martin Carlesund’s statement, the plans include further investments, recruiting, and operational expansion worldwide.

The software producer continues to grow through beneficial deals. Here are a couple of them:

  1. Galaxy Gaming. The frontrunner is set to buy the brand for $85 million. The final papers are expected to be signed in mid-2025.
  2. RSI. This spring, Evolution initiated 2 deals with the operator to deliver its casino slots and live casino hits to Americans through the BetRivers platform.
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Artur Zimnij
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Artur Zimnij
Gambling business specialist
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