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Evolution Gaming Group AB engages in the development, production, marketing and licensing business to business casino solutions to gaming operators. It provides live casino studios, land-based live casino, mobile live casino, and live casino for television. Same goes for Evolution. The company makes money by charging a fee based on the operators winnings. From talking to people in the industry, it's anywhere from 10-15%. So if we use the current $15 billion live casino market and the upper end of our range (15%), that's a $2.3 billion revenue opportunity. |
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Chip Romig, MMR 423 |
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