Despite its worldwide reputation in the world of online casino games, production company Evolution Gaming has not rested on its laurels and continues to expand its list of affiliations. It has just acquired Nolimit City, a publisher specializing in the design of online slot machines.
Following the acquisition of big names in the online gaming industry such as Ezugi, NetEnt, Big Time Gaming, Red Tiger and DigiWheel, Evolution Gaming has been in the process of acquiring Nolimit City for a few months. It is now done and the provider is now part of Evolution Gaming’s already well-stocked list. This operation will have been worth a cool 200 million euros, but includes additional costs estimated at nearly 140 million euros. Nolimit City was thus acquired for almost 340 million euros. We will give you more details on this transaction here.
Benefits of Nolimit City Acquisition for Evolution Gaming
Evolution Gaming’s acquisition of Nolimit City is no coincidence, as it is part of the industry giant’s plans to expand its live dealer games business. In June, the company announced its intention to acquire this production company, which is now a household name in the market. This will allow Evolution Gaming to expand its game library, which will now also include Nolimit City titles. In this context, the president of this production company stated: “The addition of Nolimit City will allow us to expand our portfolio of very innovative games”. He added that Evolution Gaming has been following Jonas, Emil and the rest of the Nolimit City team very closely for years and they are filled with admiration as they have a very unique and appealing style of slot games.
Evolution Gaming is extremely proud to have one of the best brands in the casino gaming industry join their cause. When this production company announced its intention to acquire Nolimit City, its goal was to become the world’s leading provider of online casino games. This desire to dominate the industry was already noticed with the purchases of NetEnt, Red Tiger and Big Time Gaming. This is no surprise, as the iGaming giant’s ambition was known from the start. Jonas Tegman, co-founder of Nolimit City, did not hide his satisfaction and declared: “I can’t think of a better match between two companies”. At the same time, he promised to “take up the challenge of global expansion”. At this rate, Evolution Gaming is clearly on its way to widening the gap with its competitors. The rest of 2022 looks promising.