Evolution takeover caps stellar 2020 for Red Tiger

Content Team 3 years ago
Evolution takeover caps stellar 2020 for Red Tiger

Evolution takeover caps stellar 2020 for Red Tiger

Casino game and software developer Red Tiger has announced that it enjoyed the best year in the company’s history following a notable list of commercial achievements.

The Malta-based supplier, which celebrated its sixth birthday in October, was purchased by Evolution alongside NetEnt earlier this month in one of the industry’s biggest ever B2B deals.

The takeover marked the culmination of an impressive 12 months that witnessed 72% growth in regulated market turnover, the roll-out of much-lauded new content, and impressive engagement levels for its innovative promotional features.

Red Tiger went live in Pennsylvania with Rush Street Interactive, as well as strengthening its position in the UK, Switzerland, Italy, Spain, Finland, Austria, Denmark and Estonia.

Furthermore, it expects to have completed over 70 new integrations by the end of 2020 with operators including Sky Vegas, Partouche, SK365, Veikkaus and Win2Day.

These brands were among the first to benefit from new game titles like Dragon’s Luck Deluxe, Path of Destiny, Aurum Codex, Yucatan’s Mystery, Lords of the Wilds and Regal Streak, many of which attracted exclusive releases with some of iGaming’s biggest casinos.

Some of the studio’s classic titles enjoyed MegawaysTM makeovers or were boosted by the addition of Power ReelsTM, with July’s release of Gonzo’ QuestTM MegawaysTM – a game which has enjoyed over one billion spins so far – proving to be Red Tiger’s most successful ever launch.

Players enjoying those games were rewarded with more than 11,000 jackpots, or the equivalent of 33 a day, with over 40 million Euros paid out over the year. An impressive 36 recipients walked away with over 50,000 Euros, whilst one lucky Betsson customer scooped 80,000 Euros on a daily jackpot payout.

Nick Vuchev, Head of Account Management at Red Tiger said: “2020 has been a difficult year for many and we’re very conscious of that when we reflect on our achievements, but there is much that we can be proud of at Red Tiger.

“Our product and partner portfolios, and the opportunities presented as we expand our footprints in regulated markets, bear witness to the hard work of everyone here and show how far we’ve come, not only this year but since we launched in 2015.

“Now that we’re part of the Evolution Group, I’m very confident that there is even more success to come in 2021.”

About SiGMA Pitch:

Following a very successful run, the 5th edition of SiGMA Pitch is back for Spring 2021. Over 100 startups will be selected to showcase their products and initiatives throughout the event. Each startup will have a small booth at SiGMA surrounded by top investors and mentors. However, only the judges’ top ten make it to the Pitch during the final leg of the Summit. Increase your chance of being one of the top 100 by providing a 3-minute video-introduction upon participation! Apply now.

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