Evolution Gaming: The Live Casino Studio and Its 2026 Launches
Evolution Gaming Corporate Background and History
Evolution Gaming was founded in 2006 and began with a single studio in Latvia as a European live dealer platform, and its tables appear in casino online Malaysia lobbies such as Winbox. Jens von Bahr and Fredrik Österberg founded Evolution, which is headquartered in Stockholm, Sweden.
Evolution listed on Nasdaq First North Premier in Stockholm on March 20, 2015, with the ticker EVO. Evolution marked its 20th anniversary in 2026, and the newsroom release is dated 6 April 2026.
Evolution acquired Ezugi in 2018, NetEnt and Red Tiger in 2020, Big Time Gaming in 2021 and Nolimit City in 2022.
Evolution Gaming Global Studios, Tables and Operating Scale
Evolution reports more than 22,000 employees, who it calls EVOlutioneers, and operations across 6 continents in its 20th anniversary release. Evolution reports 24 studios worldwide and engineering hubs and commercial offices in more than 30 countries.
Evolution reports more than 2,000 live tables globally, a count that doubled over the past 5 years. Evolution says it serves more than 770 operators, including state-owned, public and private ones.
Evolution says it releases more than 100 new games per year across live casino, game shows, slots and RNG titles, and slot games on Winbox are listed under game slot Malaysia. Evolution's brand list includes Evolution, NetEnt, Red Tiger, Ezugi, Big Time Gaming, Nolimit City, Sneaky Slots and DigiWheel.
Evolution Live Casino Game Families and Show Formats
Dream Catcher, launched in 2017, started the game show genre in live casino, according to Evolution. Lightning Roulette launched in 2018, and XXXtreme Lightning Roulette followed in 2022.
MONOPOLY Live and Deal or No Deal launched in 2019, and MONOPOLY Big Baller launched in 2022. Speed Blackjack and crazy time launched in 2020, and Funky Time followed in 2023.
Evolution New Games 2026 and Monopoly Roulette
Evolution launched monopoly roulette on 3 June 2026, combining classic roulette with two MONOPOLY-inspired bonus games. Evolution launched Ice Fishing Brasil on 17 June 2026, streamed from its Sao Paulo studio with Brazilian Portuguese-speaking hosts and a 53-segment wheel.
Ice Fishing Brasil offers maximum win potential of up to 5,000x, with bonus rounds topping out at 100x, 200x and 500x. Evolution launched MONOPOLY Roll 'em on 15 July 2026, a live dice game on a 12-square board with multipliers of up to 300x.
Evolution launched Disco Balls on 9 September 2026, a live ball-drawing game with multipliers of up to 10,000x and numbers 1 to 20.
Evolution Financial Performance in Q2 and Q3 2026
Evolution reported Q2 2026 net revenues of EUR 517.8 million (524.3) and EBITDA of EUR 341.0 million at a 65.9% margin. For January to June 2026 Evolution reported net revenues of EUR 1,030.8 million and an EBITDA margin of 65.6%.
Evolution's interim report published on 23 October 2026 showed Q3 2026 net revenues of EUR 526.1 million (507.1), up 3.7%. In Q3 2026 Evolution's adjusted EBITDA was EUR 345.9 million with a margin of 65.8% (66.4), and profit for the period was EUR 243.3 million. For January to September 2026 Evolution reported net revenues of EUR 1,557.0 million, up 0.3%, and an adjusted EBITDA margin of 65.7%.
In the Q3 2026 report North America grew 13.6% year on year, LatAm 23.1% and Africa 23.7%, while Asia was up 0.8% quarter on quarter. The Q3 report says Brazil's regulatory framework was rolled back in early October and the Brazilian studio is temporarily closed.
Evolution Studio Expansion and Commercial Partnerships in 2026
On 18 June 2026 Evolution announced a new Grand Rapids, Michigan studio and the Michigan launch of MONOPOLY Live.
On 18 September 2026 Evolution became exclusive live dealer provider across Boyd Interactive's North American online casino brands under a multi-year amendment.
On 29 September 2026 Evolution launched Spinning Whale, a slots brand focused on North America, with a wider network debut planned for November.
Evolution Gaming timeline from 2009 to 2014
In 2009 Evolution signed agreements with 888, SportingBet, Ladbrokes, Unibet, Paddy Power and Skybet, and launched Slingshot Roulette and French Roulette. In 2011 Evolution became the 1st online live casino provider approved by AAMS in Italy and was named Best Live Casino Provider by New Europe magazine.
In 2012 Evolution signed an exclusive international deal with Endemol Games for Deal or No Deal. Evolution launched iPad mobile gaming and Live Casino Hold'em in 2012, and won EGR Live Casino Software Supplier of the Year for the 3rd year running.
In 2013 Evolution opened a studio in Spain and launched Spanish Roulette, streamed from a land-based casino in Murcia. Evolution opened its Malta studio in 2014, adding to its Riga and Spain studios as the live casino offering grew.
Evolution timeline from 2015 to 2020
In 2015 Evolution opened a studio in Belgium and launched Dual Play. In 2017 Evolution listed on Nasdaq Nordic and launched Dream Catcher.
In 2018 Evolution launched Football Studio and opened production hubs in Canada, Tbilisi in Georgia and New Jersey. In 2019 Evolution launched 2 Hand Casino Hold'em, opened an engineering hub in Belarus and added Speed Baccarat tables.
In 2020 Evolution Gaming rebranded as Evolution, acquired NetEnt Casino, and launched Lightning Baccarat and Mega Ball. In 2020 Evolution also launched what it calls the world's 1st online live Craps game and opened new studios in Pennsylvania and Lithuania.
Evolution timeline from 2021 to 2025
In 2021 Evolution acquired DigiWheel, opened its 3rd US studio in Michigan and won EGR Live Casino Supplier of the Year for the 12th year running. In 2022 Evolution went live on day 1 in Ontario.
In 2023 Evolution launched Crazy Pachinko, opened studios in Bulgaria, Colombia and Argentina, and launched Red Door Roulette. In 2024 Evolution launched Lightning Sic Bo, Lightning Dragon Tiger, Lightning Storm, Stock Market and Balloon Race, and agreed to acquire Galaxy Gaming.
In 2024 Evolution acquired Arcadia Gaming Solutions and Livespins, opened a studio in the Czech Republic and expanded studios in Armenia and Romania. In 2025 Evolution launched Ice Fishing and Red Baron, opened its 1st Philippines and Brazilian studios, and introduced Ezugi as a 2nd live-dealer brand in the US. Evolution's timeline for 2026 lists the launch of MONOPOLY Live in the US and a localised Crazy Time launch in Brazil.
Evolution and Hasbro partnership terms
Evolution signed its Hasbro agreement on 1 July 2025 as a multi-year deal, and it is Hasbro's exclusive licensing partner for online live casino and slots based on MONOPOLY. The Hasbro deal is worldwide, including the USA, and covers content from Evolution, Ezugi, NetEnt, Red Tiger, Big Time Gaming, Nolimit City and Livespins.
New Hasbro titles launch from January 2026 and were shown at ICE Barcelona 2026, including live games Game Night, MONOPOLY Filthy Rich and MONOPOLY Roulette. Hasbro says it chose Evolution after a formal bidding process, and Evolution credits MONOPOLY Live and MONOPOLY Big Baller with helping it win.
Evolution Live Casino Tables Available on Winbox
Winbox88 offers 11 live casino providers: Evolution, Playtech, AE Sexy, Asia Gaming, Big Gaming, DB Gaming, Ezugi, Pretty Gaming, Hot Road and PLAYACE.
Evolution tables in the Winbox lobby open after the Winbox login page confirms the player's UID and password.
Adult players who register a Winbox account can access Evolution (founded 2006) tables featuring a minimum bet RM0.50 and a maximum RM100,000 per bet, with titles including Lightning Baccarat, Lightning Roulette, Lightning Dice, Super Sic Bo and Crazy Time.
Participation is for players aged 18+, and playing within a budget is advised.
Frequently asked questions
When was Evolution Gaming established and where is it based?
Jens von Bahr and Fredrik Österberg set up Evolution in 2006, beginning operations from a single studio located in Latvia. The corporate headquarters operates out of Stockholm, Sweden, where the company listed on Nasdaq First North Premier under ticker EVO in 2015. Evolution marked its 20th anniversary in a newsroom release dated 6 April 2026.
What new games did Evolution launch in 2026?
Evolution launched MONOPOLY Roulette on 3 June 2026, featuring two MONOPOLY-inspired bonus games alongside classic roulette. Ice Fishing Brasil arrived on 17 June 2026 with a 53-segment wheel and up to 5,000x win potential. Later releases included MONOPOLY Roll 'em with 300x multipliers on 15 July 2026, followed by Disco Balls on 9 September 2026 offering multipliers reaching 10,000x.
What are the betting limits for Evolution tables on Winbox?
On Winbox, Evolution tables operate with a minimum bet of RM0.50 and a maximum limit of RM100,000 per bet. Available catalog titles include Lightning Baccarat, Lightning Roulette, Lightning Dice, Super Sic Bo and Crazy Time. Winbox offers 11 live casino providers, featuring Evolution alongside studios such as Playtech, AE Sexy, Asia Gaming, Big Gaming, DB Gaming and Ezugi.
How large is Evolution's studio and table network globally?
Evolution operates more than 2,000 live tables globally, having doubled its total table count over the past 5 years. The company maintains 24 studios worldwide alongside engineering hubs and commercial offices in more than 30 countries. Its workforce exceeds 22,000 employees, known as EVOlutioneers, serving more than 770 operators across public, private and state-owned sectors.
What were Evolution's financial results during 2026?
For January to September 2026, Evolution reported net revenues up 0.3% and an adjusted EBITDA margin of 65.7%. Q3 2026 net revenues were up 3.7%, with an adjusted EBITDA margin of 65.8%. In the Q3 report North America grew 13.6% year on year, LatAm 23.1% and Africa 23.7%.