Evolution Buys Streamer Platform Livespins
Evolution Gaming, a top game developer for some of the most popular live casino games, has purchased streamer betting platform Livespins for an upfront amount of €5 million. There will then be the potential of adding payments based on Livespins’ performance up to 2026.
What is Livespins all About?
Livespins allows players to place bets on their favourite streamers and influencers. You can bet with other players as to what the streamers’ activity and outcomes will be. If the streamer wins, the players you have bet will win too. This is an exciting shared experience for everyone. Livespins will continue to operate as a brand within the Evolution group. This will be alongside other big names such as Evolution, NetEnt, Big Time Gaming, Digiwheel, Ezugi, Red Tiger, and No Limit City. After being acquired, Livespin streamers can play games from all the best game studios within the Evolution group and the other 40 + studios already integrated.
Comments from Livespins CEO
The CEO of Livespins, Chris Scicluna, said: “This is an unprecedented milestone for Livespins, and we couldn’t be happier to be joining the Evolution Group. Although we have content from 40+ studios already integrated, we are still in the startup phase, so to attract the attention of Evolution is incredible. It’s also a reflection of all the hard work that our team has poured into this concept and the unwavering belief that the Livespins product would revolutionise the industry.”
Points from Evolution
Evolution has recently implemented a “Product Leap” strategy, the intention of this is to break boundaries and and bring product innovation. Purchasing Livespins fits perfectly with this strategy. Livespins will strengthen Evolutions live entertainment by adding this new way of playing to their portfolio.
Comments by Evolution’s CEO
Evolutions CEO Martin Carlesund said: “Livespins is a unique proposition that has shown solid engagement metrics and adoption by players, and one we believe will be a great addition to the Evolution portfolio. Over the years, we have garnered a reputation for identifying new and interesting technology, which is why I’m thrilled that we have reached an agreement with Livespins.”
Comments from Todd Haushalter – CPO of Evolution
Todd Haushlater, CPO of Evolution, said: “Playing along with a streamer is a whole new way to play online casino games. This was on our roadmap, so when the opportunity with Livespins arose, things moved quickly. Bringing together the fantastic tech, processes and know-how of the team at Livespins with Evolution’s huge game portfolio, we will provide Livespins immediately with unparalleled distribution power via our One Stop Shop (OSS) integration.” “Twitch, YouTube, and other platforms have proven the popularity of live streaming while playing online casino games. We think players would love to play along with them, and now that will be possible, right from the Evolution lobby,” he added.
What’s in it For Players?
Livespins offers a unique gaming model that allows players to place bets along with the best online casino UK streamers rather than just watching them. This adds a whole new element of excitement to online casino gaming. You can watch your streamers and join in on the action and excitement while they win, and you can win along with them.
Posted on: 22 Feb 2024 by Lindsey Jones