Evolution Acquires Livespins, 7th Brand to Join Evolution Group
Evolution is expanding its network of brands by adding a brand-new company to the Evolution Group. The newest addition is Livespins, an innovative B2B social streaming game provider. The total cost of the acquisition is €5 million.
Evolution Enters Streaming
Livespins is the latest company to come under the Evolution umbrella. However, it’s not like the rest existing Evolution subsidiaries in the sense that it is not a traditional game provider making online live games. Instead, Livespins is into social streaming gambling, meaning that it connects streamers to online casinos.
Todd Haushalter, Evolution’s Chief Product Officer, commented on the new deal. He said: “Playing along with a streamer is a whole new way to play online casino games. This was on our roadmap, so when the opportunity with Livespins arose, things moved quickly.”
He also added, “Bringing together the fantastic tech, processes and know-how of the team at Livespins with Evolution’s huge game portfolio, we will provide Livespins immediately with unparalleled distribution power via our One Stop Shop (OSS) integration. Twitch, YouTube, and other platforms have proven the popularity of live streaming while playing online casino games. We think players would love to play along with them and now that will be possible, right from the Evolution lobby.”
Great words from the other side, as well. Livespins CEO Chris Scicluna had also issued an official statement on the new deal. He said, “This is an unprecedented milestone for Livespins and we couldn’t be happier to be joining the Evolution Group. Although we have content from 40-plus studios already integrated, we are still in a start-up phase, so to attract the attention of Evolution is incredible. “
Scicluna added, “It’s also a reflection of all the hard work that our team has poured into this concept, and the unwavering belief that the Livespins product would revolutionise the industry.”
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