The latest piece of news from Evolution is a great one. Not that we expected anything less. According to the new press release, the Latvian live dealer software developer has acquired rival company BTG.
Big Time Gaming is an Australian online slot supplier famous for Megaways, Mega Cluster, and Megaquads mechanics. As of April 2021, BTG is part of the massive Evolution iGaming family.
Great Strategic Position
The world-popular live casino company has been brief in their announcement. However, they did comment on the excising contract.
Jens von Bahr, Chairman at Evolution, highlighted strengthening of their portfolio with BTG’s powerful slot brands. Von Bahr also stated that the two companies are a match-made-in-heaven. Finally, the Evolution chairperson concluded:
“Big Time’s focus on innovation and creating unique playing experiences is a great fit with our culture and mind-set at Evolution. We look forward to continuing our journey together.”
On the other hand, Nik Robinson, CEO, Big Time Gaming, briefly said:
“Evolution and Big Time Gaming are both driven by innovation. Hence, the perfect match. A bright and entertaining future awaits our players.”
Live Slots – What’s Next?
Evolution expects to finalize the transaction during Q2 2021. The total up-front consideration from Evolution will be €220 million.
While Evolution’s not busy signing agreements left and right, it’s entering new markets in the USA. Also, players can enjoy the gaming content from the live gaming behemoth in numerous casino promotions.
In other news, Evolution’s sister company Ezugi is launching new content, as well. Lucky 7, 32 Cards, and Jackpot Roulette are already fan-favorites. We cannot wait to see new live games from this ever-growing company.
Meanwhile, Evolution is obtaining more rivals, with NetEnt and Red Tiger onboard for almost two year already. When we learn more about the most recent acquisition by Evolution, you’ll be the first to know.
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