There is no doubt that the Swedish gaming company Evolution is a popular stock on the stock exchange. Despite being rewritten in connection with an illegal gambling scandal in Vietnam last year, the stock has remained popular among both small savers and large investors. By most accounts, the future is also bright for the global super company, which has its focus on developing live solutions for online casinos worldwide.You can find slot machines Evolution by clicking on the link https://mobiltelefonspel.com.
If we turn back the clock a couple of years, not many people expected that the Swedish game company Evolution, formerly Evolution Gaming, would become the global super success that it has become in recent years. Their games are available at almost all online casinos and you can compare new Swedish casinos at Spelpressen .
It was already a successful company then, but the market value has since skyrocketed as the company's operations have expanded to significantly more countries and with customers worldwide.
At the end of 2018, the share value was just above SEK 100 per share, but just two years later the value was up and sniffing at SEK 800 per share. Even then, many had jumped on the train, even if it would turn out that the journey had only just begun. At its peak, Evolution's share was close to SEK 1,700 per share in value, and small savers as well as well-known investors rushed to the stock market to become part-owners of the successful company.
It looked like a great success story without any obstacles until, at the end of 2021, they found themselves in a precarious situation. Then there was quite a storm on the Stockholm Stock Exchange after it emerged that Evolution figured in an illegal gambling ring in Vietnam. It quickly became clear that there was no direct involvement and Evolution was not guilty of any crime, but the market reacted strongly at first. The stock plummeted 33 percent in a month when it was also heavily traded.
However, it did not take long before Evolution stabilized and now the share value is around SEK 1,000 per share. It is significantly lower than when it had its highest peak, but it is at the same time a hugely strong value compared to just a few years ago.
Some experts believed that the negative attention would have enormous consequences for Evolution both in the short and long term, but that was not really the case. They were soon able to show that they had indeed seen their products being used in an illegal gambling racket, but that they had no fault in what had happened. Mainly it was a problem beyond Evolution's control.
In other words, the market proved to be patient with Evolution, which probably won a lot of trust from small savers and larger investors in the past. Since the end of 2021, new strong reports have been shown and growth in the company is still clear. This means that many new investors continue to enter Evolution.
Evolution is a Swedish company listed on the Stockholm Stock Exchange, more precisely Large Cap Stockholm, but which has located large parts of its operations abroad. In Eastern Europe, they have many of their TV studios, from where they broadcast with live dealers. When you play at a live casino online, you often come across Evolution's products. This applies to both Swedish casinos and casinos abroad.
The head office is located in Stockholm, but Evolution thus has the ambition to continue being a global company within the iGaming industry. Incidentally, it is an industry that continues to grow, not least in the American market.
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