Evolution Group has recently inked a ten-year licensing agreement with Galaxy Gaming, extending their collaboration to introduce Galaxy’s table game content across Evolution’s portfolio of studios. This new agreement brings a wide range of exciting table games and side bets to Evolution’s platforms, offering players an enriched gaming experience.
Galaxy’s Table Game Content: An Exciting Addition
Evolution’s latest deal with Galaxy Gaming includes the incorporation of various popular table games and side bets into Evolution’s product offerings. Some of the notable titles that players can look forward to include:
21+3: A thrilling blackjack side bet that combines player’s first two cards and the dealer’s upcard to create winning combinations.
Perfect Pairs: A classic table game side bet that rewards players for achieving pairs based on their initial hand.
Lucky Ladies: A side bet that adds extra excitement to blackjack, giving players the opportunity to win big with specific card combinations.
Double Ball Roulette: A unique take on traditional roulette with two balls in play, offering multiple chances to win.
Texas Hold’em Bonus Poker: A popular casino poker variant that combines the excitement of Texas Hold’em with bonus opportunities.
Caribbean Stud: A Caribbean-inspired poker game with the potential for big payouts, featuring both standard and progressive jackpots.
Building on a Successful Partnership
Todd Cravens, President and CEO of Galaxy Gaming, expressed his enthusiasm about expanding the partnership with Evolution Group. He emphasized their commitment to delivering top-quality table game content to a broad audience.
Fredrik Bjurle, Chief Product Officer at Ezugi, a part of the Evolution Group, echoed these sentiments, highlighting the success of their decade-long collaboration and the prospect of offering these exceptional games to Evolution Group’s growing player base.
Galaxy Gaming’s Financial Performance
In a separate development, Galaxy Gaming reported robust financial results for the first quarter of 2023. The company recorded a 25% increase in revenue, reaching $7.4 million. Adjusted EBITDA also showed healthy growth, rising by 15% compared to the same period in 2022, with a total of $3.08 million. The net income for Q1 2023 reached $111,000, marking a significant improvement from a net loss of $14,000 during the same quarter in 2022.
This financial performance underscores the company’s strong position in the gaming industry and its commitment to delivering innovative and engaging gaming solutions.
The collaboration between Evolution Group and Galaxy Gaming promises to offer an enhanced gaming experience to players, with a diverse range of table games and side bets added to Evolution’s already impressive portfolio. This strategic move aims to further solidify Evolution’s presence in the online gaming market.