André, RosárioCarlsson, Vilhelm2026-03-102026-03-102025-01-132024-12-17http://hdl.handle.net/10362/201210This section analyzes Evolution Gaming Group AB, the global leader in live casino gaming. It highlights Evolution's rise from a 2006 start-up to a Nasdaq-listed company in 2015, driven by its innovative B2B business model and strategic acquisitions, including Net Ent and Big Time Gaming. The report examines Evolution's strong ownership structure, leadership under Martin Carlesund and Todd Haushalter, and strategic focus on innovation, market expansion, and acquisitions. Financial performance, forecasts, and valuation metrics reveal robust profitability, scalable operations, and significant upside potential, leading to a "Strong Buy" recommendation.engLive CasinoEvolution gamingiGamingmaster thesis204131707