Interactive
Sweden – Evolution Gaming completes Ezugi takeover
By Phil - 10 January 2019
Live casino pioneer Evolution Gaming has completed the previously communicated acquisition of the business of Ezugi, a live dealer gaming provider.
The all-cash deal was carried out with an initial consideration of $12m and possible additional consideration of a maximum of $6 million. It is expected to add 2-4% to 2019 revenues and be slightly accretive to Evolution earnings per share during 2019.
The acquisition strengthens Evolution’s position in existing markets, primarily the U.S., and adds further studio capacity as well as resources in product development.
