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EVVTY - Evolution AB: The Picks And Shovels Of An Addictive Industry
Evolution Gaming Group AB ADR
2024-04-08 11:19:29 ET
Summary
Evolution AB is the leading player in the B2B casino industry, providing live casino and slot games for operators.
The company's business model involves outsourcing the online casino part to Evolution, charging a percentage of profits and fixed prices for live tables.
The live table segment is more profitable and offers greater competitive advantages, while the RNG segment is less interesting and expected to grow less.