Evolution Tells $12-Million Tie-Up with Fellow Live Casino Professional Ezugi
Evolution will buy Ezugi to cement its position in pre-existing markets as well as enter innovative ones; work to be closed off early 2019
Live casino giver Evolution Games announced last night that it has got entered into a contract to buy it is fellow live life dealer gaming company Ezugi in a bargain that is anticipated to extend Evolution’s geographical footprint and to increase growth via key games markets.
Background will pay $12 million with cash for the live car dealer gaming service provider. Aside from the initial consideration, the company might pay an additional amount of $6 million. The deal will be expected to be finalized quick next year and it is subject to a number of customary ending conditions.
Set up in 2012, Ezugi provides desktop and mobile survive dealer solutions to online gambling companies, brick-and-mortar gambling houses, and wagering shops. It has the main market segments include the state governments of Nj and Okla, Europe, Latin America, and South Africa .
As mentioned prior, the acquisition of its competitor will grow Evolution’s presence across equally new real estate markets, such as South Africa, as well as around markets the organization is already evident in. The addition of Ezugi is is actually add 2-4% to Evolution’s revenue for 2019 and be ‘slightly accretive’ to income per promote in 2019, the company mentioned in a affirmation yesterday. Continue reading “Evolution Tells $12-Million Tie-Up with Fellow Live Casino Professional Ezugi”