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Evolution Gaming Expands Into Columbia With Rush Street Interactive

Evolution Gaming Expands Into Columbia With Rush Street Interactive

Evolution Gaming as mastered the ‘art of the deal.’ As one of the biggest gaming companies in the industry, there are no boundaries in the way it approaches business. A great example of this approach is Evolution’s extended partnership with Rush Street Interactive. Interestingly, the two companies are launching a new series of games in the regulated Columbian gaming market.

When Will Evolution Gaming Expand Into Columbia With Rush Street Interactive?

The new series will consist of six titles in its First Person RNG games. RNG pertains to the Random Number Generator mechanic that ensures fair gaming practices. The games for the Columbian market will be available on the casino site RushBet.co.

Interesting Article: Live American Roulette Versus European Roulette .

The six new First Person game types are:

  1. Roulette
  2. Lightning Roulette
  3. Blackjack
  4. Dream Catcher
  5. Baccarat
  6. Mega Ball

All six of these games are RNG versions of Evolution’s Live Casino staples. The live-dealer versions are well established throughout Europe and North America. These First Person variants will be added to RushBet.co’s iGaming platform for Columbia. The games will be rolled out over the coming weeks. They are available through desktops and laptops as well as smartphones and tablets.

The original partnership with Rush Street goes back to 2018. Evolution Gaming formed this alliance with Rush Street Interactive in the US market.

The result was a full suite of live games for PlaySugarHouse.com in the New Jersey market. The exciting mix of live tables for PlaySugarHouse.com included multiple options for Blackjack and Roulette. This was expanded to Baccarat and live poker. Poker options were Three Card Poker and Ultimate Texas Holdem Poker.

Plans in this latest expansion into Columbia call for the rollout of Live Casino options. This is expected to take place over the next few months. Richard Schwartz is the President of Rush Street Interactive. His comments on this latest collaboration included:

“RSI partnered with Evolution Gaming because we wanted to offer our RushBet.co players in Columbia a premier Live Casino mobile playing experience. The breadth, variety and innovation of the Evolution games portfolio, and the Evolution services and operational experience that surround it, gives us full scope to achieve that objective.”

Sebastian Johannisson is the Chief Commercial Officer for Evolution Gaming. He weighed in on this new endeavor with the following thoughts:

“We are delighted to be growing our relationship with Rush Street Interactive. Who are at the leading edge of gaming industry convergence, constantly innovating and pushing boundaries. Evolution shares the same ethos. And we look forward very much to building on the successes we have achieved together to date.”

While multiple players occupy the arena of Live Casino games, nobody does it better than Evolution. This company founded the live-dealer category several years back. Today, it continues to bridge the gap between online casino gambling and land-based casino venues.

Related: Discover The Pros And Cons Of Live Dealer Casinos

Live versions of Blackjack and Roulette may occupy most of the available titles. Yet, various Game Show title are a big part of the mix. A few of the most popular are:

  1. Monopoly
  2. Crazy Time
  3. Dream Catcher
  4. Lightning Dice
  5. Football Studio

Evolution Gaming Strikes Landmark Deal To Acquire NetEnt

Evolution Gaming Strikes Landmark Deal To Acquire NetEnt

The gaming industry was turned upside down in late June. Both based in Sweden, Evolution Gaming tendered an offer to buy all the stock of its rival NetEnt. The stock buyout was at a 43 percent premium to NetEnt’s market price on June 23. This equates to $1.6 billion in Swedish currency.
The NetEnt Board of Directors voted to approve this offer. Under the Takeover rules of Nasdaq Stockholm, the offer is considered to be final and will not be amended.

When Will Evolution Gaming Finish Striking A Landmark Deal To Acquire NetEnt?

As posted on Nasdaq.com, closing could take place as soon as Aug. 17. The expiration date of this deal has been set for Oct. 26.

Terms of the deal still need standard regulatory approval. There will also be a full vote of NetEnt shareholders. Part of the due diligence involved a thorough evaluation of the offer. As a result, the NetEnt board has determined that Evolution Gaming’s offer is in the best interest of all shareholders. Moreover, this should make full approval a formality.

Both companies have already earned their lofty position in the gaming content industry. Evolution has been a true pioneer in the Live Casino segment.

NetEnt’s core strength still lies in its vast portfolio of online slots and other casino games. The combination of the two should set the future course of the iGaming industry.

Another highly attractive feature of deal is the enhanced ability to compete in the emerging US market. Online gaming on a state by state basis is still in a very high growth business stage. Evolution (combined with NetEnt) will have the potential to make this its biggest market over time.

The company is already running Live Casino studios in New Jersey, Pennsylvania, and Michigan will also be coming online with Live Casino capabilities in the near future. NetEnt has established a strong presence in the US with its free online slot games. The acquisition will put Evolution on the fast track to added market share growth. This will be fueled by more and more states offering casino gambling online.

Other benefits of this deal include overall cost savings due to improved economies of scale. In a recent post on nasdaq.com also covering this deal, Evolution Chairman Jens von Bahr released the following statement:

“This strategic deal marks a significant step towards Evolution’s long-term vision of becoming the global market leader in the online casino industry. The combination of Evolution’s strong offering in Live Casino with NetEnt’s leading position in online slots will result in a world class portfolio of online games that will enable us to serve a growing customer base.”

Also added in the post was a statement by Mathias Hedland as Chairman of NetEnt. His comments included:

“Recently, NetEnt has vastly improved its tech and product development capabilities and thereby its growth prospects. And at the same time reaching a strong position within the US states that have opened up for online casino. Through this transaction, a new chapter in the development of more entertaining online casino begins. In the best interest of players, operators, employees and shareholders.”

• Source: Evolution Gaming offers to buy NetEnt in $2 bln online casino deal From Nasdaq.com On June 24, 2020.