The process of natural selection, a prominent live casino provider, has concluded its internal examination into claims of unlawful actions. The company began the review in response to accusations made last November by an unknown source. These accusations, intended to harm the reputation of the company, resulted in a significant decrease in the company’s market worth.
The company has consistently maintained that it works closely with regulatory bodies and operators to prevent players from restricted nations, including those on the US list of sanctions.
Following the release of its first-quarter financial results, the CEO of the company, Martin Carlesund, confirmed the completion of the internal examination. While some adjustments will be made to specific procedures, Carlesund assured investors that these modifications will not have a major impact on the company’s profits.
“We take all internal matters seriously and are prepared to fully cooperate with any inquiries,” Carlesund stated. “We identified areas where we can enhance our operations, as we do every day in all aspects of our business. We are satisfied with the outcome and will continue to progress.”
The live casino operations of Evolution saw robust expansion in the initial earnings report for the quarter, whereas its random number generator (RNG) gaming business, formed through the acquisitions of NetEnt and Big Time Gaming, witnessed comparatively sluggish growth.
We maintain a positive relationship with regulatory bodies globally.
When inquired about Evolution’s contemplation of further acquisitions, Carlesund stated that it isn’t a top priority, but it’s not entirely off the table.
“We will, naturally, assess the potential and opportunities for acquisitions, but the primary growth is organic,” Carlesund remarked. “Our position on this matter hasn’t shifted.
“Our objective is to become the leading online casino worldwide. We are constantly seeking avenues that can propel us forward or aid us in attaining that objective.”
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