At the end of November 2018, the leading live dealer games group, Evolution Gaming, bought out its competitor Ezugi. With this purchase, Evolution Gaming should be able to make its presence felt even more in an increasingly competitive market. Now, fans of live table and card games swear only by gaming tables filmed live from casinos or studios. RNG games aren’t popular any more and online casinos have realised how important it is to mainly offer live tables. This is the reason why all live casinos have improved their range of live games. Evolution Gaming has consolidated its position as a leader in this sector and even more so after purchasing the developer Ezugi.
Live Dealers Casino brings you more on the Ezugi buy out by the giant Evolution Gaming.
Evolution Gaming : 12 million dollars to take control of Ezugi
Evolution Gaming’s 12 million dollar transaction to take over Ezugi should take place this year. At the end of 2018, both of these live games specialists reached an agreement. Listed on the Stockholm Stock Exchange, Evolution Gaming is going to pay 12 million dollars in cash with further funding of 6 million dollars. So, with this purchase, in 2019 Evolution Gaming should see its revenue increase by 2 to 4%.
This purchase will give Evolution Gaming access to 9 studios in Europe, Latin America, South Africa and in the state of New Jersey in the United States. Ezugi launched its online casino in partnership with the Golden Nugget in Atlantic City. Evolution Gaming is already present in New Jersey’s legal gaming market. Up to now, these two developers have been the only live gaming providers authorised in this state. Other games developers should be authorised in 2019.
Evolution Gaming is going to be able to increase its market share with this purchase. With a hundred clients, Ezugi has a very good reputation among online players. Ezugi’s Managing Director has said that it is “very satisfactory” to know that “ Evolution’s superior offer in the areas of quality and speed of streaming, user experience, gaming choices and all round excellence will be of benefit to Ezugi’s existing clientele.”
Evolution Gaming- Ezugi’s range of online roulette tables surpasses Authentic Gaming’s
Evolution Gaming’s purchase of Ezugi will allow it to become the leader for online roulette tables live from casinos. It’s important to note that this is for roulette from land based casinos as Evolution Gaming is already the leader for roulette from studios. Up to now, the developer Authentic Gaming, with its partnerships with 6 land based casinos (including the London Aspers Casino) was ahead of its competitors. However, with Evolution Gaming’s purchase of Ezugi, things have changed. Now there are Evolution Gaming online roulette tables live from 3 land based casinos, while with Ezugi one can play roulette from 4 casinos. So these 7 casinos offer a more attractive range than Authentic Gaming. Evolution Gaming’s technology, which is better than Ezugi’s will most likely be introduced to Ezugi’s live roulette tables.
This type of buy out is very common in the online gaming world. It’s not unusual to see one developer take over another or an online casino bought out by another group. It’s the same for games providers and the Evolution Gaming – Ezugi duo may give others ideas. To be continued….