Available via Caesars Casino & Sportsbook PA
Business-to-business live casino services provider Evolution has entered a partnership with Caesars Entertainment that will see it roll out its online live casino games for Caesars Casino & Sportsbook Pennsylvania on November 10.
The leading live dealer casino game provider announced the Pennsylvania launch in a tweet:
According to an Evolution news release, the deal will allow Caesars customers in Pennsylvania to play “online live casino games and game show-style games” powered by the iGaming giant’s live studios. The Latvia-based firm also said it would soon offer a similar portfolio of games in New Jersey.
a similar portfolio of games in New Jersey
The games are afoot
Johan Nordstrom, chief executive officer for Malta and chief commercial officer at Evolution, said the firm was proud to be teaming up with one of the “biggest and most iconic” brands in the casino industry. He added in a news release that Evolution was keen to assist Caesars in achieving its goals in the “enormously exciting” US gaming market.
The head of Caesars sports and online gaming for Caesars Entertainment Inc., Christian Stuart, expressed his organization’s excitement in giving Pennsylvanians the opportunity to “experience the fun and action of playing at a live casino table from your home.”
bullish on the future of iGaming”
Stuart said Caesars was “bullish on the future of iGaming”. He explained that it was key for the casino operator to provide its customers with top-notch online gaming through “a superior experience and the latest technology”.
Good climate for Evolution
Despite COVID-19, and thanks to it, Evolution has enjoyed a lucrative 2020. Demand for its live casino products went through the roof following the outbreak of the pandemic. From January through March, total revenue amounted to €115.1m ($124.2m), representing a 45% increase over the same period for 2019. Revenue from Evolution’s North American sources climbed 54% to €7.1m ($7.6m).
Keen to establish itself as a world leader in the iGaming space, in June 2020 Evolution announced a bid of SEK19.6bn ($2.2bn) for Sweden-based casino games developer NetEnt. The UK’s Competition and Markets Authority (CMA), however, announced in September that it was launching an investigation into the planned acquisition, indicating that the deal could lead to a “substantial lessening of competition”.
Evolution issued a press release on October 12 saying it would extend NetEnt’s acceptance period for its bid up to and including November 16, 2020, while the CMA’s process continues. It added that, if the offer is declared unconditional no later than around November 23, the commencement of the settlement will take place around December 1 of this year.