Ezugi, a popular provider of live dealer casino gaming solutions, has teamed up with the American casino operator Caesars Entertainment to enter not only the US market as a whole but the one of New Jersey in particular.
As part of the deal, the online casino and sportsbook of Caesars Entertainment will now feature the live dealer game of Ezugi, including American Roulette, American Blackjack, Unlimited Blackjack, Baccarat, Casino Hold’em and Three Card Poker.
The vice president of Ezugi’s American unit, Monica Umana, shared her excitement to see her company join forces with one of the largest operators in the casino industry. Ms. Umana highlighted the popularity of Ezugi games among players and said she was proud that now New Jersey residents will be able to enjoy this experience thanks to the partnership with Caesars Casino & Sports New Jersey.
Ms. Umana noted that live casinos are widely preferred by customers because they combine the positive features of in-person gambling and online gambling, with players enjoying the benefits of social interaction and online gambling at the same time. All titles in the supplier’s portfolio will be streamed in high quality from the Ezufi studio.
Ezugi Was Acquired by Evolution Gaming in September 2019
In relation to the agreement, the head of sports and online gaming at Caesars Entertainment, Christian Stuart, explained that the American gambling company has a positive view regarding the digital gambling opportunity and will try to offer the best quality experience to its players.
Currently, Ezugi is owned by Evolution Gaming, which took over the supplier in September 2019. The all-cash acquisition deal was originally estimated at $12 million, with possible additional consideration of $6 million. The takeover was carried out as part of Evolution Gaming’s efforts to expand its presence in already existing gambling markets and increase the capacity of its studio and boost the product development funds.
Evolution Gaming revealed positive financial results for the third financial quarter, with the company’s revenue marking a 48% increase to €140 million. Its earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 87% to €97 million. The third-quarter profit was estimated at €79.4 million, while the earnings per share were €0.44.
The chief executive officer of the company, Martin Garlesund, has explained that there currently is a high demand for the games offered by Evolution Gaming on a global scale. According to him, this rising demand was the reason why the company continued to invest in expanding its studio capacity. So far in 2020, the company opened a studio in Lithuania and managed to also expand its services in Malta, Tbilisi and the state of Pennsylvania.
Earlier this month, Evolution agreed to provide the online casino and sportsbook operator FanDuel Group with some live-dealer games.