Evolution Gaming is now a long history in the Igaming industry. Subscribed to successes, the Swedish casino game supplier operates a real hegemony on the market. By massively using redemptions, it clearly announces the color to serve the best offer for players but also to develop the quality of the games. We therefore warmly applaud this new performance which will make the Evolution group fully owner of the Australian Big Time Gaming in 2024. This promises to send heavy in the Online games rooms!
A new fruitful transaction for the Swedish publisher
We cannot blame one of the biggest group ofCasino games edition to target the best. "The addition of BTG to our portfolio of Slot machines will strengthen our strategic position as a leader in online casino games in the world, "is what the President of the Evolution group, Jens Von Bahr, is. And if we judge by the effectiveness of the previous takeovers, we must not have a crystal ball to know that we are there in front of a major remodeling of the face of online casinos!
Indeed, we remember with emotion the addition of Nettent and Red Tiger on the hunting board of the Swedish giant. In 2020, the modest sum of 1.9 billion dollars had been put forward on the table to absorb another Swedish prodigy, Nette, known to be the creator of more than 200 slots which have nothing to envy to video games since 1996!
As of June 30, 2021, Evolution Gaming Group AB has therefore been definitively purchased from the developer Big Time Gaming (BTG), which signs a historic advance for the two major champions of the ONLINE casino.
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450 million euros in shares and in cash pour offer yourself btg
In order to be able to pretend to access BTG technology, Evolution Gaming will still have to pay in 2021 a colossal first sum of 220 million euros, 80 of which will be with immediate effect. It is not common to have to pay cash for such an important issue, but Evolution must get their hands on the dough by also delivering the rest in the form of business actions, if he wants to one day take advantage of the promising fallout from the Australian publisher! As long as payment will not be up to future feedback on benefits, the acquisition of BTG will not be effective until 2024, an eternity!
In 2022 and 2023, there will remain 230 million to settle: 70% will therefore be paid into cash and the shares issued by the Evolution group will count for 30%. In a hurry to put the new features in place, Evolution Gaming, expects effective results from April 2021. Not only will the company's share profit will certainly increase but the very innovative game portfolio will inexorably expand just like The business mentality should be enriched within the Evolution group thanks to the new BTG footprint. It is not every day that we offer the former Australian scratch cards specialist!
Big Time Gaming and its famous “Megaways” slot machines
The manager of the Australian Slots publisher BTG, Nik Robinson, rejoices in advance of this "Perfect alliance”. In his eyes, “Evolution and Big Time Gaming are both motivated by innovation. A brilliant and fun future Wait for our players! ”.
Indeed, BTG has more than one tour in its bag in terms of playful inventions. By adding to its slot machines to the “Megaways” mechanism, Big Time has centiled payment lines. Magic, players could this time get 100,000 instead of 10! Since this creation unanimously praised by players and casinotiers, at least 200 competing brand machines have equipped this feature. Like what, Big Time Gaming very coveted hit the bull's eye every time!
It must be said that the MegaWays Who generates “megapays” is the main trademark of BTG. But the Australian publisher has produced slots among the most modern and lucrative in the world, such as the Monopoly Megaways or the Bonanza Megapays, with its 6 Megaways rolls and its cascading gains, so that all casino players dream!
How far will Evolution Gaming go?
Already, Evolution Gaming is widely rewarded for all its marketing strategies by earning the price of the best casino supplier at the EGR B2B Awards by 11 times! No wonder then that this Swedish giant continues to gain ground in the hearts of Internet users by walking on the flowerbeds of game software developers who admire it elsewhere.
We still do not know which game editor will be the next acquisition on the list. But for the moment, it is certain that Evolution Gaming is also the leader in live casinos games. And that his own games like Mega Wheel or Crazy Time are a hit! In his fun record, there is no longer the range of games available as there are. Between the craps, the roulette, or Baccarat games, we no longer know where to turn, especially since the most addictive of the slot machines have entered the battle!
With Evolution Gaming, you definitely never get bored! In the Igaming industry, it is an essential game editor for players who want them for their money ... and even more!