SectorWire
SearchRegister
MenuClose

Evolution expects UKGC investigation to conclude by end of 2025

Enforcement & compliance

Evolution chief executive Martin Carlesund said he expects the UK Gambling Commission’s investigation into the supplier to be nearly complete by the end of 2025. The UKGC opened the inquiry in December 2024 after finding Evolution games available at online casinos operating illegally in the UK; Carlesund said the matter remains with the regulator.

The investigation could affect Evolution’s UK supplier licence, although the source gives no decision or outcome.

End-of-day close Evolution (EVO), SEK, to 10 December 2025
Story date11 September 202510 December 2025

Latest reported results

Evolution Nasdaq Stockholm: EVO

Quarter ended 30 September 2026

Revenue
EUR 526.1m

Earlier fines and penalties by UKGC

DateCompanyAmountStoryAppeal status
Taichi Tech Limited, FafabetGBP 170,000UKGC fines Fafabet £170,000 over unfair terms and compliance failuresNot stated
Not namedNot statedUK Gambling Commission brings election betting charges against 15 peopleNot stated
Wyke Gaming & Amusement CentreNot statedGambling Commission suspends Wyke Gaming licence in BradfordNot stated
TGP EuropeGBP 3,300,000TGP Europe surrenders UK licence after £3.3m penaltyNot stated
SpreadexGBP 2,022,000UK Gambling Commission fines Spreadex £2.022m over compliance failuresNot stated

Request a correction

Flag an issue

Keep reading