Evolution Gaming completes acquisition of Ezugi
Evolution Gaming, leading provider of Live Casino solutions, has today completed the previously communicated acquisition of the business of Ezugi, a live dealer gaming provider.
The all-cash deal was carried out with an initial consideration of $12 million and possible additional consideration of a maximum of $6 million. It is expected to add 2-4% to 2019 revenues and be slightly accretive to Evolution earnings per share during 2019.
The acquisition strengthens Evolution’s position in existing markets, primarily the US, and adds further studio capacity as well as resources in product development.
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This is information that Evolution Gaming Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the investor contact person set out above, at 15.00 CET on 9 January 2019.
Evolution Gaming develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider with 150+ operators among its customers. The group currently employs about 5,300 people in studios across Europe and in North America. The parent company is based in Sweden and listed on Nasdaq Stockholm with the ticker EVO. Visit www.evolutiongaming.com for more information.