Hottest offers bonus

    Evolution Gaming To Acquire Arcadia Gaming Solutions

    Evolution Gaming To Acquire Arcadia Gaming Solutions
    Article by : Erik Gibbs Sep 13, 2024

    Evolution Gaming, a leading provider of online casino games, has announced its plans to acquire Arcadia Gaming Solutions, a developer known for turning traditional arcade games into live online casino experiences. The deal, set to be finalized by the end of the year, involves an upfront cash payment of €2.5 million (US$2.77 million), with the potential for additional payouts based on Arcadia’s future performance through 2027. The acquisition reflects Evolution’s ongoing strategy to expand its reach and diversify its offerings in the online gaming industry.

    Arcadia Gaming Solutions has gained attention for its innovative business-to-business video-streaming technology. This allows players to control physical arcade machines remotely from their desktop or mobile devices.

    Evolution sees this as a key addition to its portfolio, offering a unique blend of nostalgia and modern gaming that appeals to a broad audience. With Arcadia’s technology, Evolution aims to further enhance its live gaming experience by bringing more engaging and creative content to its users.

    This move comes on the heels of several other strategic acquisitions by Evolution in 2024. Earlier in the year, the company agreed to purchase Las Vegas-based Galaxy Gaming for $85 million, further strengthening its presence in the US market. Additionally, Evolution partnered with Rush Street Interactive to bring its live dealer games to Delaware, offering players in the state access to BetRivers Casino, where the company had already launched its slot games in March.

    Evolution’s CEO, Martin Carlesund, has expressed his enthusiasm for the company’s future, emphasizing their plans to continue expanding globally. “As we look into 2024 and beyond, we do so with excitement, hunger, and ambition,” Carlesund said. “We will continue to invest, recruit, and expand our operations in the whole world.”

    This acquisition of Arcadia Gaming Solutions positions Evolution to tap into a growing market for innovative, technology-driven gaming experiences. As the demand for online casino games continues to rise, especially with the increasing popularity of mobile gaming, Evolution aims to remain at the forefront by consistently introducing new and engaging content. By incorporating Arcadia’s arcade-based gaming technology, Evolution not only broadens its appeal but also reinforces its commitment to offering diverse and interactive gaming options.

    The acquisition is a clear indication that Evolution is not slowing down. With a series of high-profile deals and strategic partnerships, the company is positioning itself as a dominant player in the online gaming industry. Arcadia Gaming Solutions is the latest addition, and its technology promises to bring an exciting new dimension to Evolution’s already extensive catalog of live casino games.