20 Years of Live Casino
Founded in 2006 in Riga, Evolution has spent two decades defining the live casino category. We operate 20+ studios on multiple continents and stream to millions of players every day.
About
The Company Behind the Game
Evolution — founded as Evolution Gaming in 2006 — invented the live game show format and remains the largest live casino supplier in the world. Ice Fishing is the studio's first fully RNG-driven game show.
At a glance
Scale and track record
800+ Operator Partners
Our platform powers 800+ online operators worldwide. From boutique European brands to global operators, partners choose us for reliability, scale, and a relentless product pipeline.
16 Consecutive EGR Awards
We have won EGR Live Casino Supplier of the Year every year since 2010. That streak reflects our investment in technology, talent, and game formats that keep players engaged.
Numbers
Company and game figures
2006
Founded
20+
Studios Worldwide
800+
Operator Partners
€2B+
Annual Revenue
97.10%
Ice Fishing RTP
5,000x
Ice Fishing Max Win
History
Twenty years in six steps
- 2006
Founded in Riga
Jens von Bahr and Richard Hadida launch our company with live roulette and blackjack tables.
- 2010
First EGR Award
We win Live Casino Supplier of the Year — and have not lost it since.
- 2017
Dream Catcher
Our first-ever live money wheel creates an entirely new format: the live game show.
- 2020
Nasdaq Stockholm
We go public and acquire NetEnt, Red Tiger and Big Time Gaming.
- 2021
Rebrand to Evolution
We drop "Gaming" to reflect our broader slots, RNG and game show portfolio.
- 2025
Ice Fishing Launches
Our first fully RNG-driven, ultra-fast live game show goes live on August 6.
Recognition
Awards and listings
EGR Live Casino Supplier of the Year
16 consecutive wins for us (2010–2026)
EGR B2B Innovation in RNG Casino Software
2025
Nasdaq Stockholm listed
2020
Production
Live hosts, RNG results
Ice Fishing keeps the live studio presentation Evolution is known for — a host, a set, and a continuous stream — while moving the wheel result to a certified random number generator. That combination is what allows a full round to complete in about twenty seconds.
Keep reading
Next in the guide
Play responsibly. Ice Fishing is a game of chance, not a way to make money. If you need support, visit BeGambleAware. 18+