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As a B2B provider, Evolution's games can only be played through a gaming operator, who is accountable for locating and authenticating the finish customers. As such Evolution is not responsible for most of the KYC ("Know-Your-Customer") regulatory burdens, which are instead borne by its consumers, minimizing regulatory risk. The continued improvement in establishing their technology and software is also paramount in order to make their moat. Gambling is a quite competitive business, but Evolution combats this through building its platform to handle software program, hardware, video, employees and user information. This application is utilised across all its offerings and prevents the firm from obtaining to replicate software locally when they open new studios. Although the gambling business is frequently competitive, I would argue that Evolution has somewhat established its niche within the market. While they have competitors like 'Playtech', their offerings have nowhere close to the traction of Evolution. Initial, I will explain what Evolution Gaming really does and why I believe their future is so promising.
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