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Evolution Gaming buys NetEnt and Red Tiger for 1.9 billion euros.

Deal Evolution Gaming &  NetEnt

Are you ready for Starburst Megaways live? Nothing seems too crazy in the iGaming Industry. The largest developer in live casino games buys NetEnt / Red Tiger for 1.9 billion euros. This makes it the biggest deal ever in the iGaming Industry. In 2019 NetEnt acquired Red Tiger Gaming for more than € 220 million.

Evolution Gaming has made an offer of SEK 79.93 per share (€ 7.53). This is more than 43 percent higher than the current rate. This makes Evolution Gaming the market leader in the online casino world. Evolution Gaming was already the market leader in developing live dealer games. With this billions deal, they are also at the forefront of online slots and table games.

“This strategic deal is an important step towards the long-term vision of becoming the global market leader in the online casino industry. Evolution Gaming’s live casino offering and NetEnt’s leading position in online slots will deliver a world-class gaming offering. This allows us to serve the growing customer base”. Jens vor Bahr, director of Evolution Gaming, said in a press release.

All classic slots are in one fell swoop from Evolution Gaming.

With this deal, all NetEnt classics such as Starburst, Dead or Alive, Gonzo’s Quest and jackpot slots such as Divine Fortune, Imperial Riches and Grand Spinn will be acquired. In addition, Red Tiger is busy with the classic slots from NetEnt to convert to Megaways slot machines. Evolution Gaming will also take over the entire game range from Red Tiger, including the recently released Piggy Riches Megaways, Gonzo’s Quest Megaways slot and the upcoming Twin Spins Megaways and Divine Fortune Megaways slot. Also all other games that will be released will be with the acquisition of Evolution Gaming.

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