Evolution To Acquire Big Time Gaming

Evolution Gaming Group has entered into an agreement to acquire the entire issued share capital of Big Time Gaming Pty Ltd  for a total consideration of up to EUR 450 million, payable in cash and Evolution shares the company has announced.

Big Time Gaming is the thought leader in online slots. Big Time Gaming titles include world-wide player favourites like Bonanza and Extra Chilli as well as the ground-breaking Game Mechanic Megaways™ which is incorporated in over 200 games from multiple providers.

“With the addition of Big Time Gaming to our portfolio of slot brands we strengthen our strategic position as the leading provider of digital casino games in the world. Big Time’s focus on innovation and creating unique playing experiences is a great fit with our culture and mind-set at Evolution. We look forward to continuing our journey together.” – Jens von Bahr, chairman, Evolution

“Evolution and Big Time Gaming are both driven by innovation, hence the perfect match. A bright and entertaining future awaits for our players.” – Nik Robinson, CEO, Big Time Gaming
Big Time Gaming revenue amounted to EUR 33 million with an EBITDA of EUR 29 million for the calendar year 2020. The transaction is estimated to contribute positively to 2021 EPS for the Evolution Group.