Evolution Gaming Clears Regulatory Hurdles in New Jersey

Share:

Atlantic city legal battle 2023Evolution Gaming, the biggest provider of casino solutions, has recently emerged stronger and more compliant after facing and overcoming allegations of operational irregularities in New Jersey.

The New Jersey Division of Gaming Enforcement (NJDGE) concluded its investigation, finding no evidence of misconduct by Evolution, therefore reinforcing the company’s commitment to legal and safe online gambling practices.

History of the New Jersey Evolution case

In late 2021, Evolution Gaming found itself under scrutiny when allegations surfaced about the company’s operations in markets under US sanctions.

These claims suggested that Evolution’s services might be accessible in these restricted regions, raising concerns about compliance and regulatory adherence.

Evolution Gaming, headquartered in Sweden, swiftly addressed these allegations, emphasizing its rigorous due diligence processes and strict compliance with international gaming regulations.

It supplies its content to licensed operators who are directly responsible for their regulatory compliance, including conducting Know Your Customer (KYC) checks and deciding which markets to serve.

Evolution Gaming stressed that it does not handle player funds nor directly interact with gamblers, thus placing the onus of regulatory compliance on the operators.

Following the allegations, the NJDGE launched a comprehensive investigation to ascertain the veracity of the claims.

The results from Evolution’s investigation in New Jersey

After months of detailed examination, the regulatory body announced in February 2024 that it found no evidence of Evolution Gaming engaging in any prohibited activities.

This announcement not only cleared Evolution Gaming of any wrongdoing but also highlighted the effectiveness of its compliance and due diligence efforts.

Evolution Atlantic City dealerIn response to the investigation’s findings, Evolution Gaming undertook internal reviews to bolster its compliance and operational processes further.

These enhancements are aimed at maintaining the highest standards of integrity and legal compliance, a move that is well-received by the NJDGE and industry observers alike.

Despite the challenges, Evolution Gaming reports significant growth, with operating revenue and EBITDA seeing notable increases in 2023.

The resolution of the investigation and subsequent operational improvements have positioned Evolution Gaming as a model of compliance and innovation in the online gambling industry.

The company’s journey through regulatory scrutiny to emerge stronger and more committed to excellence serves as a testament to its resilience and dedication to providing safe, legal, and entertaining online gambling experiences.

As Evolution Gaming continues to expand its offerings and enhance its operations, the focus remains on surpassing industry standards for compliance and player safety.

The company’s experience in New Jersey underscores the importance of regulatory adherence and sets a benchmark for other operators in the rapidly evolving online gambling landscape.

 

Evolution Gaming is known as the biggest provider of casino solutions, specializing in live casino games and software for online gambling platforms.

Evolution Gaming faced scrutiny due to allegations about its operations in markets under US sanctions, raising concerns about compliance with regulations.

Evolution Gaming swiftly addressed the allegations, emphasizing its commitment to rigorous due diligence and strict compliance with international gaming regulations.

The NJDGE concluded its investigation by finding no evidence of misconduct by Evolution Gaming, reinforcing the company’s commitment to legal and safe gambling practices.

No, Evolution Gaming does not handle player funds nor directly interact with gamblers; it supplies content to licensed operators who are responsible for regulatory compliance.

Following the investigation, Evolution Gaming undertook internal reviews to further bolster its compliance and operational processes.

The allegations suggested this possibility, but Evolution Gaming emphasized that accessing its services from such regions would require sophisticated technical manipulation.

 

Catie Di Stefano has worked in the gambling industry since 2011 for major brands like Hard Rock Hotel & Casino, Gaming Innovation Group and Betsson Group. She started in customer support at age 19 and has since worked her way through VIP, CRM and Marketing. Today, Catie is passionate about educating players on consumer rights and the best approaches for legal play in the United States as the Director of Community Marketing at OnlineGamblers.com. Catie was born in Indonesia but grew up in Sweden. Currently, she resides in Spain with her two daughters.

Related news

Show all news
1

Does PlayStar Have Live Casino?

Learn about the live casino experience at PlayStar in New Jersey, explore its features and game variety. Click here for more details!

2

Ty (Tex) Twine Joins Toppem Sports As Executive Chairman

Exclusive interview with Ty Twine, the new executive chairman of Toppem Sports, on his vision for the company’s future in sports technology.

3

2024 Guide for Top Basketball Cities in the U.S.

Explore the top cities for basketball fans in 2024, including Los Angeles, Boston, and San Francisco. Click here!