Evolution said it has agreed to acquire Arcadia Gaming Solutions for an upfront cash payment of €2.5 million, with an additional earn-out in 2027 based on Arcadia’s performance. The transaction remains subject to closing conditions and was expected to complete by the end of the year.
The acquisition could add Arcadia’s arcade-game streaming technology to Evolution, subject to closing conditions.
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Evolution said its planned merger with Galaxy Gaming would no longer proceed. The agreement ended after its official deadline expired.
It was reported that Evolution gave notice ending its Galaxy Gaming merger agreement. Evolution agreed to a $5.2m termination fee.
Evolution AB has ended its previously announced acquisition of Galaxy Gaming after the deadline to close the transaction passed. Evolution published a notice announcing termination of the deal, and the report was updated to include a response from Galaxy Gaming and Evolution's intention to end the merger.
Evolution expects to secure the remaining regulatory approvals for its Galaxy Gaming acquisition in Q1 2026, reportedly. The $85m deal, agreed in July 2024, still needs approvals understood to be in Nevada and Louisiana; the companies extended the merger deadline to July 2026.
Galaxy Gaming said MONOPOLY Blackjack Progressive has gone live at Metropolitan Gaming venues in London, including Metropolitan Mayfair, Empire Casino, The Sportsman Casino and Park Lane Club. It is the first of the planned MONOPOLY-branded progressive table games to launch in the UK, under Galaxy Gaming’s agreement with Metropolitan Gaming.