Evolution Acquires Big Time Gaming!
Evolution has stunned this week with its announcement of its acquisition of Australian games developer Big Time Gaming.
Last year, Evolution acquired giant slot developers NetEnt and Red Tiger, in a take over that put Evolution at the forefront of the industry.
Now Evolution has entered into a deal to make another industry-defining acquisition with Big Time Gaming.
With this deal, Evolution has committed to buy the entire share capital of Big Time Gaming. The acquisition is being valued at €450 million (£534 million).
70% of the acquisition prize will be paid in cash, while the remaining 30% will be covered by newly issued shares. The shares’ value will be according to the NASDAQ Stockholm’s trading index at the time of release.
This new acquisition consolidates Evolution’s position in the industry as one of the leading providers of high-quality and entertaining casino games.
Jens Von Bahr, Evolution’s chairman said about the deal: “With the addition of Big Time Gaming to our portfolio of slot brands, we strengthen our strategic position as the leading provider of digital casino games in the world.”
Nik Robinson, Big Time Gaming’s CEO has shown equal enthusiasm saying how both Evolution and Big Time Gaming share the same drive towards innovation.
Who is Big Time Gaming?
Based in Sydney, Australia, Big Time Gaming is a name associated with original slots and innovative mechanics.
The company is behind the popular slot mechanic known as Megaways, which was launched in 2015.
It became popular overnight, with the developer licensing the mechanic to other game providers, creating a new trend in online slots.
Since the release of the first Megaways slot, hundreds of titles have made it to casinos featuring this mechanic.
Who is Evolution Gaming?
Evolution is a name that has come up quite often over the last few years.
As a developer, it hardly needs an introduction. Its name might have been previously linked predominantly with live casino tables, but it is now extending into other genres of the industry.
With this latest acquisition, it has established its position as an industry leader in live games and online slots. The company has shown an insatiable thirst for innovation and a drive that has led it towards one success after another.
| Responsible Gaming Message |
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| Gambling can be addictive and may impact your life and well-being. Always play responsibly, set clear limits, and know when to stop. |
Evolution is certainly on the roll and we can’t wait for any surprises it might have in store for us over the next few years!
Gambling Awareness: Staying in the Green
At CanadaCasino, we believe that the best way to enjoy online gaming is to stay informed and in control. In the Canadian market, gambling should always be viewed as a form of paid entertainment, much like a movie ticket or a hockey game—never as a source of income.
The Golden Rules of Responsible Play
To keep your experience positive, we recommend following the Lower-Risk Gambling Guidelines developed by the Canadian Centre on Substance Use and Addiction:
- Set a Hard Budget: Only wager what you can afford to lose. Once that “entertainment fund” is gone, it is time to log off.
- Time Management: Use your phone or casino tools to set session timers. It is easy to lose track of time when you’re on a roll.
- Avoid “The Chase”: Trying to win back losses is the most common pitfall. Accept a loss as the “cost of play” and walk away.
- Play Sober and Focused: Never gamble when you are stressed, upset, or under the influence of alcohol or substances.