Merger of the Century? Evolution Gaming and Netent Become One
This morning we woke up to the astonishing news that the Swedish giant’s Evolution Gaming has offered to purchase NetEntertainment AB for €2.12 billion in stocks.
Evolution Gaming and NetEnt are two of the biggest names in the gaming industry, filling our casinos which fantastic video slots games, as well as the highest quality, live casino games.
Since entering the industry over 20 years ago, NetEnt became renowned for its innovative video slots such as Jack and the Beanstalk, Starburst, Dead or Alive and their latest big hit Street Fighter 2: The World Warrior Slot. On top of this NetEnt also recently took over Red Tiger - A leading games developer for Europe and Asia.
Evolution Gaming, on the other hand, are top of the ladder in the industry for their flawless and localised Live Casino. Providing only the highest quality streams and table games to operators Evolution Gaming knows how to enhance the player’s experience. Crazy Time, Mega ball and Dream Catcher are just three of Evo’s unique and outstanding games they have offered.
What does this mean for Evolution Gaming now they have taken NetEnt under their wing?
With this landmark deal set in place, this allows Evolution Gaming to accelerate towards becoming the world’s leader in the iGaming Industry.
The combination of the two giants will strengthen their position, creating a best-in-class B2B provider with the capacity to drive the digitalisation of the global gaming industry.
As NetEnt and Evo both have roots placed in the US, now they are combined together they hope to broaden their horizons and branch out to Pennsylvania and Michigan and move further into the US online gaming market.
The Chairman of Evolution, Jens Von Bahr commented and I quote;
“ The combination of Evolution’s strong offering in Live Casino with NetEnt’s leading position in online slots will result in a world-class portfolio of online games that will enable us to serve a growing customer base. Furthermore, NetEnt’s established US positioning combined with Evolution’s existing US studios and first-to-regulated-market strategy will put us in a favourable position to capitalise on the on-going regulation in North America.”
It is clear to say that the future looks bright and exciting not only for Evolution but also for us players! Over the next few years, we can expect to see some dramatic changes occurring along with even more innovative and extravagant games being produced.