Evolution Gaming completes acquisition of Ezugi

(PRESS RELEASE) -- Evolution Gaming, leading provider of Live Casino solutions, has today 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 $12 million 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.