Evolution Gaming Expands Live Casino Portfolio with Arcadia Gaming Solutions Acquisition
Technology tamfitronics Evolution Gaming announced the strategic acquisition of Arcadia Gaming Solutionsa deal expected to enhance its position as a live casino gaming leader. Arcadia, known for its proprietary technology allowing players to engage with real-time physical arcade machines remotely, will join Evolution’s growing portfolio of innovative gaming solutions.Arcadia Pioneered a Novel and Engaging ProductThe acquisition involves an upfront cash payment of EUR 2.5 million ($2.77 million)with an additional earn-outpayable based on the performance of Arcadia’s games in 2027. Completion is expected during the second half of 2024pending certain regulatory approvals and closing conditions, as is usual for these types of deals.Arcadia Gaming Solutions has carved a unique niche in the online gaming market. Its offerings close the gap between physical arcade games and the online casino experience. Fortune Pusherthe company’s first title, allows players...
