Evolution acquires Arcadia

<div><div><p>Evolution today announced that it has signed an agreement to acquire Arcadia Gaming. Arcadia’s innovative proprietary technology enables players to engage real-time with a physical arcade machine virtually through their desktop or mobile devices, offering a unique and engaging online experience.</p><p>The acquisition includes an up-front cash consideration of EUR 2.5 million. In addition, Evolution will pay an earn-out based on Arcadia games’ performance in 2027. Completion of the transaction is planned for H2 2024 and is subject to certain closing conditions.</p><p>For investor enquiries, please contact: <a href="mailto:ir&#64;evolution.com" rel="noopener noreferrer">ir&#64;evolution.com</a></p></div></div>
 
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