Redeye updates its view on Evolution post Q4-results which came in just above our expectations and we have slightly raised our estimates and valuation range.
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Evolution Gaming Group AB is a gambling company operating in the Internet-services sector. The company provides business-tobusiness solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators.