Evolution Gaming Malta Limited is a subsidiary of Evolution AB (publ), a leading Swedish gaming technology company founded in 2006 and headquartered in Stockholm, Sweden. Evolution AB is publicly traded on Nasdaq Stockholm under the ticker EVO. As of late 2025/early 2026, the Evolution group employs over 15,000 to 22,000 people and has reported annual revenues ranging from approximately $2.1 billion to $2.45 billion. The company's market capitalization was around $13.7 billion as of May 2026. Evolution Gaming Malta Limited itself is licensed and regulated by the Malta Gaming Authority.
Evolution provides business-to-business (B2B) online casino solutions to gaming operators worldwide. Its core offerings include developing, producing, marketing, and licensing fully integrated live casino solutions, such as live casino studios, mobile live casino, and live casino for television. Key product lines encompass a wide array of live dealer games like roulette, blackjack, baccarat, poker, and innovative game show-style games, along with online slots, supplied to over 800 operators globally. Notable products include "Lightning Roulette," "Dream Catcher," and "Crazy Time." The company operates more than 20 production studios across Europe, North America, and South America.
Evolution Gaming Malta Limited maintains an active patent litigation posture as a plaintiff, with one tracked case and zero defendant cases. This indicates the company actively asserts its intellectual property. The sole tracked case, Evolution Malta Limited et al. v. Light & Wonder, Inc. et al., was filed in the United States District Court, District of Nevada, on May 28, 2024.
The litigation against Light & Wonder, Inc. and its subsidiaries involves allegations of patent infringement under 35 U.S.C. § 271 and misappropriation of trade secrets. The dispute centers on Light & Wonder's products, including "Roulette X," "Power X," and "88 Fortunes Blaze Live Roulette," which Evolution alleges infringe on patents related to its "Lightning Roulette" title. While trade secret claims have been directed to arbitration, aspects related to patent infringement remain before the District Court. The patents asserted in the case include U.S. Patent Nos. 10,629,024; 11,011,014; 11,756,371; 9,905,074; and 11,783,663.