Caesars & Evolution Launch Online Live Casino in Pennsylvania
According to the press release issued by Evolution Gaming on November 10, the Latvia-based company will provide its portfolio of online Live Casino games in addition to game show-style games to its Caesars’ customers in New Jersey after the Pennsylvania launch.
Evolution live games are available within the Caesars Casino & Sportsbook PA app, available both Android and iOS or on desktop at http://pa.caesarsonline.com.
The press release quoted the firm’s Chief Executive Officer Malta and Chief Commercial Officer Johan Nordstrom saying, “We’re very proud to be working with one of the biggest and most iconic brand names in the casino world. We look forward to assisting Caesars to achieve its objectives in the enormously exciting US market and beyond.”
The Head of Caesars Sports and Online Gaming for Caesars Entertainment Inc., Christian Stuart, also expressed the keenness of his organization in offering Pennsylvanians the opportunity to experience the fun, entertainment, and action of playing at a live casino from the comfort of your home.
Caesars Optimistic About Online Gaming
Stuart further said the Nevada-based casino company is “bullish” on the future of internet gaming. He said it is crucial for the company to provide its customers with top-class online gaming via “a superior experience and the latest technology”.
It should be noted that Caesars Entertainment recently reached an agreement to acquire William Hill, one of the world’s leading sports betting companies based in London.
Now, the latest deal between Caesars and Evolution Gaming will enable residents to experience the action of playing at a live casino from their home or anywhere in Pennsylvania.
2020, A Great Year for Evolution
Evolution had a great year in 2020, the year that affected most non-essential businesses badly due to the pandemic. But thanks to COVID-19, Evolution had a lucrative year as demand for its live casino products surged unprecedently.
Between January and March this year, the Latvian firm’s total revenue amounted to $124.2 million, up 45% over the same period in 2019. Revenue from Evolution’s North American businesses jumped 54% to $7.6 million.
With a view to lead the world in the iGaming sector, Evolution announced in June this year a bid of $2.2 billion for Sweden-based casino games developer, NetEnt. However, the UK’s Competition and Markets Authority (CMA) said in September that it was carrying out an investigation into the planned acquisition, suggesting the deal could lead to a “substantial lessening of competition”.
On October 12, Evolution stated in a press release that it would extend NetEnt’s acceptance period for the bid up to and including November 16, 2020, amid the CMA investigation. The company added that if the offer is declared unconditional no later than November 23, the commencement of the settlement will take place by around December 1.