Topic: Evolution — report for Q3 (HOW THEY EARN THAT MUCH?) - page 2. (Read 403 times)

The Evolution games are available in almost every online casino in this world and I can say covid19 bring their company into the next level since a few yeara ago.
Crazy Time and Blackjack live games must be their main "money maker machine".
Thousand of people in this world playing it everyday.

Many people saying it rigged but i dont think the big operator such as Evo will do that. Overall they will always in profits every week.

You guys are aware of the fact that Evolution Gaming by now is not only about "their" live games, aren`t you?!

Some of Evolution`s brands are: Evolution (live games), NetEnt, Red Tiger, Ezugi, Big Time Gaming, Nolimit City, Digiwheel

Look at the names above, they aren`t only killing it with live games but they also own some of the biggest slot game providers. 

I'm just wondering how it works. People always loosing even in a big distance so they keep having such great numbers?

I understand, that if I'll win big summ in crazy time by catching x1000, operator won't pay to evolution nothing this month. But what about next month? Don't they suppose to have negative carryover agreement? A lot of casino operators have such things with afilliates to share risks.

The thing is that the probability fairness in games is what makes a casino make the most out of the market since that is what attracts gamblers to the site and also keeps them as loyal clients to the casino,  this is what contributes to a large extent what amount to the overall reputation of the casino,  because how their choose to handle things is what will determine the mir seriousness and fairness and at the same time that is what builds the confidence in the gambler to keep using the casino even though there are so many other better options.

To achieve this,  some casino goes as far as implementing blockchain-based games whose results can be verified on the network which is another big addition to the trust level of those casinos that implement such a feature supporting their probability fairness.

Acknowledging your point and also the rigged casino may not be able to gather so much revenue as compared to the honest and trusted casinos.

Also if a casino is rigged you will not find it in mainstream media telling about it that how much they have earned over the time. There is no doubt that the Casino and games in question in this OP thread is legit.

Their games are fair in the sense that they officially have an advantage over players, and they are not hiding it. Their profit is only telling us about how many gamblers are using their products, I don't understand why do you think it implies they are cheating. Like other people said in this thread, they don't need to cheat because they are making big money legally. Why risk your license?

I think when you have very little competition and most of the casinos are using your games, it is all about numbers. It is mostly Pragmatic and Evolution that are dominating the "Live" gaming space, so they are sharing most of the profit that are derived from that.

I also think the odds are stacked heavily in favor of these gaming providers to win most of the bets, so people that are uniformed ..will lose more money on these types of games. 

I don't think their games are rigged because with so many people playing there, including professionals, able to record their games, they would be already debunked on social medias or by serious journalists, and even halted by authorities before being sued by many players and casinos, customers of the company.
But I find few things weird. On infinite blackjack tables, the RTP is "based on the first hand in the shoe" while for traditional blackjack tables, this addition with an asterisk does not appear. Players in the chat often say that bots are playing when someone split on a pair of 10s or hit on 20 or 19. So I wonder if Evolution doesn't use bots for counting cards and hitting and splitting when they detect that the remaining shoe favors the player over the dealer...

Well, if you can search the internet, you may get more details about it.

Evolution: Interim report January-September 2023

https://www.evolution.com/ has more than 1 million traffic and they are getting this much revenue. Just for a comparison many gambling sites has more than 1M traffic and you may understand how much revenue they would be making. Similarly, you can think how much other casinos with a lot of traffic may be earning.

I understand that evolution is the b2b online gaming solution and I am optimistic about the future of gambling plus gaming is very bright and lucrative.

Yeah, people invest a lot of money in gambling and they lose a major portion of that money. So when a gambler loses, who is the one getting all that money?
It is the bookies, the casino site owners who gain all this money. So we can't imagine how much the gambling sites may earn.


The gambling sites do not have to be rigged in order to gain that much money. In fact, if a casino is honest they can earn more money as the gamblers will keep losing and keep playing in an honest casino. The rigged one may get some quick money but over a period of long term, they may lose the customers and the business.

By the way, i would like the source link for the report too in order to study in depth.

Given that they are serving a lot of countries worldwide, it's not surprising that they are getting that much revenue per annum. Also, not every blackjack and live casino gamblers are pros, they are 'looking to make money' and sometimes do stupid decisions, hence why they lose and the casino wins. Plus, house edge exists. That's certainly what's the main driver of the profits for these live casinos aside from the commission.

More or less this is bulk business. You take less profits but you take it from huge crowd all around the globe. It’s like collecting a cent from millions through channel partners and distributors. I think that tells us why Evolution has that much revenue generated every month. Being moderator on one of the micro tasking site I can confirm that these numbers are easy to earn if you have proper planning, marketing road map and most importantly huge crowd to target. Any website that has embedding structure where their wall can be integrated with other sites has easy access to their clients. In this case it’s obvious that Evolution only have to target the premium entities that have good number of crowd. Crazy Money.

Source in case you're looking for it https://mb.cision.com/Main/12069/3861988/2386270.pdf

I don't think he meant online gambling all over the world and not US only. What they're expecting to grow even more is the development in North America.


Losses may have occurred in the first five years of their operation - from 2006 to 2011. I cannot say that for sure since information is not available on their site.
Their year end report in 2016 shows a profit margin of 27.50% which is a decline from 2015's 30.40%. It's not the loss that you want but it does show they also suffer some setbacks like every business would.

No, their live games aren't rigged. I was working in Evolution, formerly Evolution Gaming and I can confirm, none of their game is rigged. Absolutely every action is performed by humans, they hire shufflers that shuffle card in live and dealers deal with that card. Dealers also play roulette in life, they take ball, spin wheel and roll the ball. But their house edge is very high, think about it, that's why casinos profit and hire their tables. Dealer is the last one who makes choice, that's why they always win. If you lose and then dealer opens cards and she loses too, you hand is still lost. It's not like dealer loses and you are automatically winner, you lose and dealer is automatically winner.

 
I definitely one of the players you are pertaining when it comes playing in there 24/7. I only during weekends but I do marathon gambling whenever I’m on evolution lobby. This live games provider brings the best experience you can get to enjoy playing on the actual casino at home.

Kudos too on their dealers since most of them is very friendly that makes me entertained more by chatting to them while playing. Evolution Games offers best payout rates especially on games like crazy time compared to competitors like Pragmatic sweet bonanza and other shit live games with low max multiplier.

They are earning so much money because they are dominant when it comes to live casino games, and some of those games are unique... Crazy Games, Monopoly, Crazy Time, Dream Catcher. And Evolution is literally everywhere, in every fiat or crypto casino.

I'm not a fan of Evolution, but whenever I tried some of their interesting and unique games there were a lot of people chatting and some of them were betting with very high stakes. So I'm not surprised by their annual earnings, many people play their live games... 24/7!

well, leaving aside the part of the services that this company provides and focusing on the data you posted, in my opinion, as this data was not released by an independent company with a history of honesty and credibility (at least that's what I'm assuming because I didn't see the link to the source of the data, so I assume the source is this company's website) so we have to look at this data with suspicion. many companies that are not even accountable to governments, keep saying that they made a lot of profits and few losses so that they are well seen, this becomes part of marketing. because when these companies say they made a lot of profit

so the other companies will pay for the services of this company that says it made a lot of profit because they will feel safer, and as if they think in the following way: if company X has a lot of profit then when I use company steal from me. so even if this company had little profit or just had losses, they wouldn't talk about it. That's why it's very important to take a good look at the source of this data and how many reputable companies carried out audits on this company and what the final report was so we can know to what extent they are telling the truth. In my opinion I don't believe them until I see the sources of the data

That's true and it's likely that they will continue to dominate the live gambling market for so many coming years. Casinos love to add their games on their sites and players also love to spend time on those live games. I don't think that they have any good competitors at this moment and that's why they are having a lot of profits each month.

There is a competitor in market named as SuperSpade Games but they aren't as famous and as adopted by the casinos as Evolution gaming. However, I'm quite sure that in future they may have strong competitors which may reduce their revenue  but till then they will earn like kings and no-one will be able to stop them as most casinos are happy with their games.

House edge is the key on how they keep having huge profit on monthly basis. Evolution gaming bankroll is very huge while there is max bet allowed on all of their games which means they have full control on all of their games. The only thing they need is to wait until players loss patience and start to lose.

Evolution gaming is listed in almost the casino. They literally cover most of the crypto casino industry since they are the most popular provider on live games. Their profit makes sense if you will think about how wide their rich and how popular they are right now on live games.

In the world of gambling who do you think wins the most? The casino of cos, many people are not even thinking and that's a shame, you the gambler is the one at risk, placing bet on the future prediction, either in slots or sports bets, but what risk is there for the house? That you might win? Ok accepted, but do you know how many gamblers visits the casino per day? The number is big, and where there is large number of people is where real money can be made.

A hundred thousand gambler risking $1 per day is still 100k in one day and it's impossible for all of them to win, like this is just natural, they are placing bets on something they can't see, this is why I consider gambling to be very risky.

Tell me, how won't the casinos get rich? They will be rich in no time, this is the fastest way to get rich if you can do it right, casinos that failed lack so much or they never meant business thats why they failed, if you want to get rich build a casino and deliver the best service, you will see how money flows in, I don't doubt casinos, they make money.