Evolution Gaming Set to Acquire Livespins

The world’s leading live casino provider, Evolution Gaming, is constantly working on acquiring new and exciting talent. Just recently, it has announced that it finalized a deal to acquire Livespins Holdings LTD.

The takeover costs €5 million initially, a sum that will expand with additional payments depending on Livespins’ financial performance in 2026.

The full transaction should be completed by the end of 2024. Just like in recent years, the acquisition is right in line with the company’s Product Leap initiative, which focuses on product innovation and delivering unique experiences to all customers.

Maintaining Brand Identity

The fact that Evolution Gaming just bought Livespins doesn’t mean the brand is history. Like many before it, it is allowed to maintain its brand identity. This is what previous happened with NetEnt, Red Tiger, Big Time Gaming, NoLimit City, Ezugi, and DigiWheel.

All these companies operate under their own brands, while working under Evolution’s umbrella.

Evolution’s latest acquisition further solidifies the company’s presence as a key player on the growing online gambling market. Right now, it has over 40 integrated studios, and Livespins’ portfolio will fit right in.

Both sides have celebrated the finalization of the deal, and are eager to start working together, which will happen soon.