Evolution explains why some live casino games failed
Evolution reportedly discussed why some of its live casino games failed.
The reported failures may inform suppliers’ decisions about live casino game development.
Evolution reportedly discussed why some of its live casino games failed.
The reported failures may inform suppliers’ decisions about live casino game development.
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Better Collective’s shares fell 37.16% over five days following Brazil’s betting ban announcement. Flutter’s shares declined 11.52% over the same period. It was reported that Better Collective estimated a €15m impact for the rest of 2026 and suspended its 2027 guidance.
Playtech chief executive Mor Weizer and chief financial officer Chris McGinnis declined to answer questions about the company’s ongoing New Jersey litigation with Evolution during its H1 earnings call. Weizer said he could not discuss the litigation.
Evolution’s board advised shareholders against accepting Candle Lake’s takeover bid. Directors said the SEK695-per-share offer undervalues Evolution, while its shares traded at approximately SEK833. Candle Lake said it does not aim to buy every outstanding share; shareholders have until 15 September to accept.
Reportedly, the Roundhill Sports Betting & iGaming ETF ended the previous week higher while the S&P 500 fell 1.4%. The fund outperformed broader markets for a second consecutive week but continued to lag them over the year to date.
Hard Rock Bet published a report on live roulette behaviour, drawing on more than 30.5m bets placed by over 32,000 players between April and June. The operator said zero was the most popular straight-up number, attracting 797,088 wagers, or 3.22% of bets in that category.