Evolution
Evolution (legal name Evolution AB (publ)) is a Stockholm, Sweden-headquartered B2B software studio that supplies live dealer casino games to online casino operators worldwide. The company says it has been “pioneering online live casino experiences since 2006,” a claim it reiterated in April 2026 while marking 20 years since founding.
Evolution is best known for creating the live casino game show format — a genre it says it originated, blending a live dealer table with entertainment-show mechanics such as bonus wheels and multipliers. Titles built on this format, including Crazy Time, Monopoly Live, Dream Catcher, Mega Ball and Lightning Roulette, sit alongside a large catalog of classic live tables. Evolution also runs a “First Person” line, an RNG-based version of its live games.
Evolution is publicly listed (Nasdaq Stockholm, ticker EVO, according to third-party financial reporting) and has grown through acquisition into a group holding company. It is the parent of several slot studios that already have their own dedicated profile pages on this site — NetEnt, Red Tiger, Big Time Gaming and Nolimit City — each acquired between 2019 and 2022. It also owns a second live-dealer brand, Ezugi (acquired 2018), plus DigiWheel and Sneaky Slots.
Key Facts
| Founded | 2006 |
|---|---|
| Headquarters | Stockholm, Sweden |
| Licensing | Malta Gaming Authority (MGA/CRP/187/2010/01, B2B Critical Gaming Supply License); UK Gambling Commission (account 41655); plus 30+ additional jurisdictions |
| Group brands | Evolution (live casino), Ezugi, NetEnt, Red Tiger, Big Time Gaming, Nolimit City, DigiWheel, Sneaky Slots |
| Signature format | Live casino “game show” genre (Crazy Time, Monopoly Live, Dream Catcher) plus First Person RNG-hybrid live games |
| Official Website | evolution.com |
Flagship Games & Style
Evolution’s own portfolio centers on classic live tables and its game show format. Signature titles include Crazy Time, Monopoly Live (developed under a multi-year licensing partnership with Hasbro), Dream Catcher, Mega Ball, Lightning Roulette and Deal or No Deal. Production comes out of a global studio network, with Riga (Latvia) used for new-game development and testing, Malta for multi-language presenting, and Tbilisi (Georgia) described by the company as its largest studio hub.
Latest Releases
Recent activity confirmed via Evolution’s newsroom includes MONOPOLY Roulette, a June 2026 launch combining classic roulette with MONOPOLY-themed bonus rounds, and Ice Fishing Brasil, a Portuguese-language localization launched in June 2026. In May 2026, Evolution opened its second Michigan studio in Grand Rapids — its seventh live dealer studio in the U.S. The studio has grown its game-show catalog steadily since Crazy Time’s original launch, integrating new formats into its existing production infrastructure rather than building separate studios for each new release.
