Live dealer betting firm Evolution Gaming is gearing up to file an IPO and will be listed on the Stockholm Stock Exchange, this according to several media reports.
The company is set to be valued at over €3 billion after its floatation, after revealing revenues of €48.5 million last year and EBITDA of €17 million compound growth of 33% between 2011 and 2014.
Although the IPO has not been formally announced by the company, the move is expected to be announced in the near future. Evolution Gaming is a live dealer firm whose games are broadcast from studios and provided to some of the top betting brands in the world, including 888, Unibet, LeoVegas, bwin, Mr Green, and more.
Casino Listings will update this story as more developments arise.