Evolution has entered into an agreement to acquire online slot developer Big Time Gaming.

Evolution Gaming Group is to 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.

“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

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.