{"id":33833,"date":"2022-06-24T09:13:14","date_gmt":"2022-06-24T09:13:14","guid":{"rendered":"https:\/\/www.casinosonline.com\/?p=33833"},"modified":"2022-06-24T09:13:14","modified_gmt":"2022-06-24T09:13:14","slug":"evolution-acquires-nolimit-city-for-340m","status":"publish","type":"post","link":"https:\/\/www.casinosonline.com\/casino-news\/evolution-acquires-nolimit-city-for-340m\/","title":{"rendered":"Evolution Acquires Nolimit City for \u20ac340m"},"content":{"rendered":"

\"Evolution<\/p>\n

Evolution, the undisputed king of the live casino scene, has acquired Nolimit City. Nolimit City is a remarkable online casino content creator with dozens of superb video slot releases that came out in the past few years.<\/p>\n

The news of the acquisition come months after Evolution<\/a><\/strong> announced the acquisition of another famous slot-making company Big Time Gaming. Read below the details of the purchase and how we expect it to reflect on the industry.<\/p>\n

There\u2019s a New Evolution Slot Provider on the Horizon<\/h2>\n

Following a successful acquisition of Ezugi, NetEnt<\/a><\/strong> (and with it, Red Tiger), and Big Time Gaming<\/a><\/strong>, Evolution\u2019s latest move towards industry dominance entails the inclusion of another brand under the Evolution roof. This time, it is not a live casino company, but rather another slot maker.<\/p>\n

Nolimit City has been praised for its unique approach to slot making, as well as itsunusual choice of topics that few providers dare to use. Nolimit City will fit in perfectly with Evolution\u2019s vision because the company embodies everything Evolution stands for.<\/p>\n

According to Nolimit City\u2019s press release, Evolution will pay \u20ac200m as an upfront consideration, with \u20ac140m added subsequently as earn-outs. The company expects its revenue to amount to \u20ac30m with an EBITDA of \u20ac23m for the year 2022. Moreover, Nolimit City firmly believes the transaction will contribute positively to the 2022 EPS for the Evolution Group.<\/p>\n

Rapid but Solid Brand Expansion<\/h2>\n

The purchase has become some sort of an on-brand move for Evolution. The company\u2019s strategy of being the world\u2019s number one provider of online casino games sounds like a big goal. And the only way to do so is to expand its brand! The acquisition of NetEnt, Red Tiger, and Big Time Gaming has done wonders, given the importance all three brands have in the online casino community. We are curious about how Nolimit City will contribute to the expansion of Evolution\u2019s brand.<\/p>\n","protected":false},"excerpt":{"rendered":"

Evolution, the undisputed king of the live casino scene, has acquired Nolimit City. Nolimit City is a remarkable online casino content creator with dozens of superb video slot releases that came out in the past few years. The news of the acquisition come months after Evolution announced the acquisition of another famous slot-making company Big […]<\/p>\n","protected":false},"author":5,"featured_media":33834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"yoast_head":"\nNolimit City and Evolution Enter Acquisition Deal Worth \u20ac340m<\/title>\n<meta name=\"description\" content=\"Evolution has entered an agreement to purchase Nolimit City, a prominent online slot game producer, for $\u20ac340m during 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casinosonline.com\/casino-news\/evolution-acquires-nolimit-city-for-340m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nolimit City and Evolution Enter Acquisition Deal Worth \u20ac340m\" \/>\n<meta property=\"og:description\" content=\"Evolution has entered an agreement to purchase Nolimit City, a prominent online slot game producer, for $\u20ac340m during 2022.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casinosonline.com\/casino-news\/evolution-acquires-nolimit-city-for-340m\/\" \/>\n<meta property=\"og:site_name\" content=\"World's Top Casino Site Directory \u25b7 Best Online Casinos 2023\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-24T09:13:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casinosonline.com\/wp-content\/uploads\/2022\/06\/evolution-news.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"276\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casinosonline.com\/casino-news\/evolution-acquires-nolimit-city-for-340m\/\",\"url\":\"https:\/\/www.casinosonline.com\/casino-news\/evolution-acquires-nolimit-city-for-340m\/\",\"name\":\"Nolimit City and Evolution Enter Acquisition Deal Worth \u20ac340m\",\"isPartOf\":{\"@id\":\"https:\/\/www.casinosonline.com\/#website\"},\"datePublished\":\"2022-06-24T09:13:14+00:00\",\"dateModified\":\"2022-06-24T09:13:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.casinosonline.com\/#\/schema\/person\/b305f5aaf8b1c9266c97790edbf44678\"},\"description\":\"Evolution has entered an agreement to purchase Nolimit City, a prominent online slot game producer, for $\u20ac340m during 2022.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casinosonline.com\/casino-news\/evolution-acquires-nolimit-city-for-340m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casinosonline.com\/casino-news\/evolution-acquires-nolimit-city-for-340m\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casinosonline.com\/casino-news\/evolution-acquires-nolimit-city-for-340m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.casinosonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Evolution Acquires Nolimit City for \u20ac340m\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casinosonline.com\/#website\",\"url\":\"https:\/\/www.casinosonline.com\/\",\"name\":\"World's Top Casino Site Directory \u25b7 Best Online Casinos 2023\",\"description\":\"CasinosOnline #1 gambling guide \u27a0 TOP RATED casinos sites and bonuses 2019! 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