Exclusive interview.- Martin Carlesund, CEO at Evolution, sits down with Focus Gaming News and discusses the gaming industry. The earn-out consideration will be payable 70% in cash and 30% in newly issued Evolution shares. The up-front consideration will be payable as to EUR 80 million in cash and the remainder in newly issued Evolution shares. The money aspect of the up-front consideration will be paid, and the share aspect of the up-front consideration will be issued, at completion of the Transaction. Evolution has entered into an agreement to obtain leading on the internet slot machine developer Large Time Gaming. Over the quarter finish users placed 11.9bn bets via Evolution’s games, compared to five.6bn in the prior year. Evolution will appear to expand its US presence further, by launching a new studio in Pennsylvania and adding yet another in Michigan. It will also launch a new English-language studio in Lithuania, its principal operating base.

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