If you are an avid online slot gamer then you will know all there is to know about Evolution and NetEnt as two of the biggest tycoons of the online casino gaming world. It comes, therefore, as a massive surprise, for some, to find that Evolution has almost completely bought NetEnt’s shares and has absorbed the fantastic casino game developer into their own company. And you can visit online casino VIP.
This may not seem like a big deal to anyone who is not as interested in the behind-the-scenes of the online slot gaming world. However, it holds great importance with the industry because the two massive companies, Evolution and NetEnt, merging will mean very interesting things for igamers! We are here to go into what Evolution purchasing NetEnt, the slot game developers, really means, whether it will have an impact on much and if it is a positive thing or not.
How and when did Evolution Purchase NetEnt?
If you are a sucker for all of the business news and gossip then we have some very good stuff for you right here because this is a very big deal. We would like to transfer all our knowledge of the purchase of NetEnt by Evolution to you. So that you can stay in the loop! Keep in mind that there will be a lot of this transaction that neither NetEnt nor Evolution will want the public to know. So we cannot provide every little detail.
- Evolution originally expressed their interest in buying out NetEnt on November 2nd 2019. And once this was all confirmed and agreed upon by both parties, action of the merging and adoption was to begin around 8-10 months later.
- In 2020, all transactions had gone through successfully and Evolution did purchase NetEnt for almost 2 billion euros! Now that is a hefty sum.
- The Swedish online casino game developer, NetEnt, will now be operating under the umbrella name of Evolution. Company will continue to create the fantastic games that they always have. But, with a little extra security!
- If you are concerned that you will not be able to play any of the fantastic NetEnt games anymore because Evolution purchased them then fear not. The company is simply operating under Evolution. In other words – all the games are still there for you to play!
Going forward: what does this mean for igaming?
There is a lot of concern that Evolution purchasing NetEnt will result in the quality of games changing. There will be higher regulations and fewer fun games. But, this is far from the truth. We want to let you know what Evolution buying NetEnt really means for the world of online slot gaming:
- The games that NetEnt will produce under the name of Evolution will continue to be of the same fantastic quality.
- Quality will improve. In fact, because the renowned developers will have more money and more security!
- Igamers will get to try out loads more new games that have been produced to an exquisite standard!
