Online Games

Evolution Gaming to acquire Ezugi

Thursday 22 de November 2018 / 11:09

⏱ 2 min read

(Canada).- Evolution Gaming, leading provider of Live Casino solutions, today announced that it has entered into an agreement to acquire the business of Ezugi, a live dealer gaming provider, in an all cash deal with an initial consideration of $12 million and possible additional consideration of a maximum of $6 million. The acquisition will increase Evolution’s geographic footprint and accelerate growth in key markets. It is expected to add 2-4% to 2019 revenues and be slightly accretive to Evolution earnings per share during 2019.

Currently operating from multiple studios worldwide, Ezugi delivers B2B mobile and web live dealer solutions to online operators, land-based casinos and betting shops. Its markets include the US states of New Jersey and Oklahoma, Europe, Latin America and South Africa.

The acquisition will accelerate Evolution’s growth through additional market shares, as well as product development and operational capability in existing Evolution markets such as Romania and the US. The announcement comes just three months after Evolution launched in the US online gambling market with its ninth studio worldwide, in Atlantic City, New Jersey. At November 2018, Evolution and Ezugi are currently the only Live Casino providers operating in the US market.

Evolution’s CEO Martin Carlesund commented on today’s announcement “I am pleased about this agreement. It is a very logical next step for Evolution which will increase our market share in key existing markets, like the U.S, where Ezugi’s presence and customer base will add to our on-going market expansion as well as add licensees in new markets, such as South Africa.”

Evolution Chairman and founder Jens von Bahr added: "This strategic deal will see Evolution increase its geographic footprint and accelerate growth. It will enable us to fast-track the accessibility to Evolution’s top-ranking software as well as to support continued industry leadership by adding well-established development teams and operational resources.”

Kfir Kugler, CEO and founder of Ezugi, said: “Announcing this agreement gives me great satisfaction. Ezugi has come a long way since it was founded in 2012 and becoming part of Evolution marks the right next step for us. Evolution’s superior offering in areas such as streaming quality and speed, user experience, game choice and all-round operational excellence will help bring the service to the current Ezugi operators to the next level.”

Completion of the transaction is planned for early 2019 and is subject to certain closing conditions.

Categoría:Online Games

Tags: Evolution Gaming,

País: Canada

Event

PERU GAMING SHOW – PGS 2026

17 de June 2026

Enhancing Responsible Gaming Through Effective Training at PGS 2026

(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.

Wednesday 22 Jul 2026 / 12:00

LSports at the Peru Gaming Show: Building Presence, Opening Doors

(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.

Friday 17 Jul 2026 / 12:00

Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"

(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.

Thursday 16 Jul 2026 / 12:00