Evolution Gaming revolutionizes online casino with the acquisition of Arcadia Gaming Solutions
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22 Sep 2024 •
Reading time: 2 minutes Evolution Gaming Group, the undisputed leader in live casino solutions, is taking the next step in its growth strategy by announcing the acquisition of Arcadia Gaming Solutions. This Dutch company, renowned for its innovative approach to online arcade gaming, brings a breath of fresh air to the sector.
A strategic acquisition for €2.5 million
Evolution has agreed to pay an initial amount of €2.5 million to acquire Arcadia Gaming Solutions. This amount will be supplemented by additional payments in 2027, based on the performance of Arcadia’s games. This acquisition is part of a broader strategy aimed at strengthening Evolution’s position in the online gaming market and diversifying its offering.
Arcade vs Live Casino
Founded in 2019, Arcadia Gaming Solutions has quickly gained recognition for its unique concept: transforming classic arcade games into captivating live casino experiences. The company’s flagship title, Fortune Pusher, and other innovative games allow players to interact in real-time with physical arcade machines via their computers or mobile devices. This revolutionary approach creates a bridge between the physical and digital worlds, offering players an immersive and unique gaming experience.
Transaction to be completed by the end of 2024
Subject to approval by the relevant authorities, the transaction is expected to be completed by the end of 2024. This acquisition comes in the context of sustained growth for the online gaming market. Evolution, which generated revenues of €1.8 billion in 2023, sees this transaction as an opportunity to accelerate its development and strengthen its leadership position.With the acquisition of Arcadia Gaming Solutions, Evolution once again demonstrates its ability to innovate and adapt to market developments. By integrating Arcadia’s innovative technologies, Evolution enriches its product portfolio and positions itself as a key player in the online gaming market with a unique offering that should appeal to a wide audience of players.