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Evolution Takeover Brings Amazing Results for Red Tiger

By: Staff Writer, December 29, 2020

Red Tiger reflects on what was a remarkable 2020 with Evolution.

Casino game and software developer Red Tiger has announced that it enjoyed the best year in the company’s history.

Impressive Growth

The Malta-based supplier, which celebrated its sixth birthday in October, was purchased by Evolution, alongside NetEnt, earlier this month. The largest developer in live casino games bought NetEnt / Red Tiger for 1.9 billion euros. This was one of the industry’s biggest-ever B2B deals. Previously, in 2019 NetEnt acquired Red Tiger Gaming for more than € 220 million. 

The takeover marked the culmination of an impressive 12 months that witnessed 72% growth in regulated market turnover. It also saw the roll-out of much-lauded new content and impressive engagement levels for its innovative promotional features.

Red Tiger went live in Pennsylvania with Rush Street Interactive. The supplier has also been strengthening its position in the UK, Switzerland, Italy, Spain, Finland, Austria, Denmark, and Estonia.

Furthermore, it expects to have completed over 70 new integrations by the end of 2020. Some of the operators it will go live with include Sky Vegas, Partouche, SK365, Veikkaus, and Win2Day.

Bright Future with Evolution

Nick Vuchev, Head of Account Management at Red Tiger spoke about what the company has accomplished in the past twelve months. 

He said: “2020 has been a difficult year for many and we’re very conscious of that when we reflect on our achievements.” However, “there is much that we can be proud of at Red Tiger.”

For instance, their product and partner portfolios, and the opportunities presented as they expand their footprints in regulated markets. All of this shows how far they’ve come, not only this year but since the company’s launch in 2015.

“Now that we’re part of the Evolution Group, I’m very confident that there is even more success to come in 2021.”

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