Fresh news from our favourite Live Casino Software Provider Evolution Gaming. Today, we received an official statement that they agreed to acquire slot developer Nolimit City. With this acquisition they continue to expand its presence in the slots sector, for up to €340m.
Evolution Gaming will pay an initial consideration of €200m, with a further €140m dependent on future performance in 2023, 2024 and 2025. Nolimit City will be the fourth brand that will be part of Evolution’s slots portfolio. In 2020, the Live Casino giant took its first step into the slot machine sector when it acquired NetEnt, which itself owns Red Tiger. Last year, Evolution also acquired Big Time Gaming, the supplier best-known for the Megaways mechanic.
About the Nolimit City acquisition
The Board of Evolution Gaming about the acquire:
“The acquisition is in line with Evolution’s strategy of being the world’s number one provider of online casino games, supplying its customers with the best gaming content.”
Evolution Gaming’s chairman Jens von Bahr said he was particularly impressed with the level of innovation Nolimit City had brought to the market.
“With the addition of Nolimit City to the Evolution family we extend our portfolio of truly innovative and cutting-edge games from the top brands and game makers in the industry,” Von Bahr said. “We have followed Jonas [Tegman], Emil [Svärd] and their team for a few years and been impressed as they have established a completely new style of slot games. I am proud that yet another of the very best minds in our industry has chosen to join the Evolution network.”
Nolimit City cofounder Jonas Tegman said the two businesses are fully aligned on strategy:
“I cannot think of a better match between two companies than between Nolimit City and Evolution, we are fully aligned in terms of people, product, technology and how to get the job done,” he said. “The slot vertical is under massive change, and we can’t wait to take on the challenge of global expansion together with Evolution, helping out with navigating towards the best slot product offering in the market.”
The completion of the acquisition is conditional upon regulatory approvals and is expected in Q3 of 2022.
Best Live Casinos to play Evolution Gaming Software
In 2006, Evolution Gaming was founded to revolutionize the European online casino industry. With a real focus on live dealer games. And not without success! It was only 2007 when the company signed its major Live Casinos including William Hill, Gala Coral, VC Bet and PartyGaming. This was only the beginning.
After 2007 more and more large online casino operators, including Bet-at-home.com, 888 Casino, Ladbrokes, UniBet, Paddy Power and SkyBet, became customers of Evolution Gaming. Nowadays, Evolution Gaming is the world leader in live dealer gaming, which is no coincidence.
The reason why the Live Casino Software of Evolution is that successful is mostly about the quality of the games they create. At this moment, their game variants and matching innovations and high level of quality is unmatched within the live casino industry.
Beneath, you find a selection of the best Live Casinos to play Evolution Gaming games.