The licensing review of Evolution in the UK is set to be concluded with the firm agreeing to a £4.75m settlement with the Gambling Commission.
It’s a settlement that primarily relates to Evolution supplying game content to unlicensed operators supplying the UK market.
Martin Carlesund, Chief Executive Officer of Evolution, said: “At Evolution, we always want to do what is right, and it is not acceptable that six unlicensed sites offered Evolution content in the regulated UK market. We do not want traffic from unlicensed operators and will always move quickly to address any such situation. We welcome the conclusion of the review and remain focused on continuing to supply our world-leading games to licensed operators in the UK.”
It’s a significant development in the progress and stability of Evolution, as the licensing review that had burdened the company since December 2024 concludes.
The update detailed that Evolution fully cooperated with the Commission, consistent with its longstanding approach to regulatory engagement.
The termination of the two unlicensed operators that had provided Evolution content to the UK market was undertaken by the supplier immediately following discovery.
Furthermore, Evolution also detailed that it continues to strengthen its technical measures and refine its procedures, with the introduction of enhanced ring-fencing measures among the latest developments.
Evolution was also praised by the GC for taking efficient steps to ensure that the termination of the deals with the two unlicensed operators that had provided Evolution content to the UK market was undertaken by the supplier.
Furthermore, Evolution detailed that it continues to strengthen its technical measures and refine its procedures, with the introduction of enhanced ring-fencing measures among the latest developments.
In a recent update to investors, Carlesund expressed his pride at the efforts taken to ensure the company moves in the right direction in terms of ring-fencing content, even as it has been dealing with other regulatory challenges.
He stated: “The financial performance was not as strong as we would have wanted when entering the year, but I am happy with the way the company has stood up for what is right and lived up to our ambition to become a little bit better every day. So with that said, overall, we are proud but not happy with 2025.”
Evolution is scheduled to publish its interim report for January–June 2026 later this week on 17 July.