Evolution Completes Their Acquisition of Ezugi
Live dealer casino specialist Evolution Gaming announced that they’ve wrapped up their acquisition of rival Ezugi, paying up to $18 million for the company.
The purchase is for $12 million in cash, with up to an additional $6 million payable should they be able to meet certain performance criteria moving forward. The purchase gives Evolution a larger portion of the live dealer casino market, as they now hold two of the major developers in the vertical.
Ezugi was founded in 2012 and operates 9 different studios around the world. It provides table games such as blackjack, roulette, baccarat, and lottery style games. Likewise, Evolution has become known as a leader in live dealer casino games, as it broadcasts from their studios around the globe. Both companies have high definition visuals and allow punters to interact with dealers via a chat function. Both include desktop and mobile compatibility, with no drop in quality across platforms.
Moving forward, the agreement will allow Evolution to have a stronger grasp of the American live dealer market. Both companies are active in the market, which is experiencing rapid growth, with new states passing legislation to allow for online casino games.
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