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Evolution has entered into an agreement to acquire Nolimit City

Published

4 years ago

June 22, 2022

Reading Time: 2 minutes

Evolution AB (publ)’s wholly owned subsidiary, Evolution Malta Holding Limited, (“Evolution”) has entered into an agreement to acquire the entire issued share capital of Nolimit City Holding Ltd (“Nolimit City”) for an upfront consideration of EUR 200 million (the “Transaction”). With earn-outs of up to EUR 140 million the total consideration can amount to up to EUR 340 million, payable in cash.

Transaction highlights and strategic rationale

Nolimit City is a truly innovative, world-leading producer of online slots games that has created its own niche in the market through games with sometimes provocative themes and a humorous touch. Nolimit City games stand out and offer players a unique, graphically rich playing experience. Nolimit City titles include award-winning games such as Mental, San Quentin and East Coast/West Coast.

The acquisition is in line with Evolution’s strategy of being the world’s number one provider of online casino games, supplying its customers with the best gaming content. With the Nolimit City brand, Evolution extends its portfolio of world leading slot brands that already includes NetEnt, Red Tiger and Big Time Gaming.

“With the addition of Nolimit City to the Evolution family we extend our portfolio of truly innovative and cutting edge games from the top brands and game makers in the industry. We have followed Jonas, Emil and their team for a few years and been impressed as they have established a completely new style of slot games. I am proud that yet another of the very best minds in our industry has chosen to join the Evolution network.” – Jens von Bahr, chairman, Evolution

“I cannot think of a better match between two companies then between Nolimit City and Evolution, we are fully aligned in terms of people, product, technology and how to get the job done. The slot vertical is under massive change, and we can’t wait to take on the challenge of global expansion together with Evolution, helping out with navigating towards the best slot product offering in the market.” – Jonas Tegman, Co-Founder, Nolimit City

Nolimit City revenue is expected to amount to EUR 30 million with an EBITDA of EUR 23 million for the calendar year 2022. The Transaction will contribute positively to 2022 EPS for the Evolution Group.

Consideration and financing

The total up-front consideration payable by Evolution in the Transaction is EUR 200 million on a cash and debt free basis. The consideration is financed from cash at hand. In addition, Evolution may pay earn-out payments in cash, based on Nolimit City’s EBITDA for the years 2022, 2023 and 2024, respectively. The earn-out payments will amount to a maximum of EUR 140 million, and become payable in 2023, 2024 and 2025, respectively.

Conditions and time plan for the acquisition

Completion of the Transaction is conditional upon receipt of regulatory approvals and is expected during Q3 2022.

Advisors

Evolution has engaged Gernandt & Danielsson, Wiggin, Deloitte and EY in connection with the Transaction. Nolimit City has engaged Advokatfirman Delphi as legal advisor in connection with the Transaction.

Golden Horsey Winner Grand Chance™

Inspired Brings Golden Horsey Winner Grand Chance to Online, Mobile and Retail Markets

Published

35 minutes ago

March 10, 2026

Wladimir P.

inspired-brings-golden-horsey-winner-grand-chance-to-online,-mobile-and-retail-markets

Inspired Entertainment, Inc. is thrilled to unveil the debut of Golden Horsey Winner Grand Chance in the UK and Maltese iGaming markets as well as in UK B3/CAT C retail.

Golden Horsey Winner Grand Chance races onto the reels as a progression of the acclaimed slot, Golden Winner Grand Chance, fusing the franchise’s successful, record-setting mechanics with an energetic horse racing motif. It provides participants with a new, seasonal adventure that’s filled with significant winning possibilities and dynamic gameplay for top-tier omni-channel gaming enjoyment.

Participants can take part via various bonus entry options, such as Free Spins, Gold Bar Stack, Gamble, Fortune Spins offered in both retail and interactive formats, along with Fortune Bet and Bonus Buy in the interactive version. Collector Jockeys, paired with the advanced Grand Chance mechanic, creates multipliers and uncovers pot prizes for thrilling, nail-biting moments. Unexpected reel modifiers and adjustable volatility in the interactive format guarantee that each spin brings thrill and suspense, providing both online and brick-and-mortar operators with a flexible and captivating game suitable for a wide range of players, just in time for the eagerly awaited UK horse-racing season.

Dave Johnston, Head of Inspired’s Bell-Fruit Game Studio, said: “Golden Winner Grand Chance has been a fan favourite for both online players and retail audiences, so bringing it to life with a horse racing twist felt like the perfect next step. It is a playful, fast-paced slot, that’s full of fun, winning moments, precisely what players love, and we can’t wait to see them enjoy this seasonal spin on what has become, a classic favourite.”

The post Inspired Brings Golden Horsey Winner Grand Chance to Online, Mobile and Retail Markets appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Abby Merk

CoinPoker Debuts New App with Rake Free Poker, Signs Abby Merk and Papo MC

Published

35 minutes ago

March 10, 2026

Wladimir P.

coinpoker-debuts-new-app-with-rake-free-poker,-signs-abby-merk-and-papo-mc

Online poker platform CoinPoker rolled out a new software client and mobile app in March 2026, alongside rake-free poker games and new additions to its sponsored player roster.

Joining CoinPoker’s ambassador team—already featuring top poker names such as three-time Triton Series champion Mario Mosböck and WSOP Online Main Event champion Benjamin ‘Bencb’ Rolle—are Abby Merk and Alejandro ‘Papo MC’ Lococo.

Abby Merk, known as Abigail ‘Abby Poker’, is a top-ranked professional from Chicago and an award-winning poker content creator. She brings extensive experience in mentoring and leadership, having trained women in strategic thinking through poker.
Papo MC, a freestyle rapper and live tournament star, has over $15 million in earnings, ranks #2 in Argentina behind Nacho Barbero, and holds a World Series of Poker bracelet.

Other notable poker names recently partnering with CoinPoker include Jean-Robert Bellande, Faraz Jaka, Mariano, YoH ViraL, Nik Airball, and Brantzen Wong.

Rake-Free Poker Games

Throughout March, CoinPoker is hosting rake-free poker action, returning all cash game rake and tournament fees to players daily.

First half of March: Players can earn 100% flat rakeback, credited at 08:00 UTC each day.
Second half of March: All rake is returned via Splash Pot cash drops, CoinRaces leaderboards, and the Level Up Series tournaments, featuring boosted prize pools and refunded buy-ins—effectively offering free poker tournaments through March 31.

Level Up Series

The Level Up tournament series introduces CoinPoker’s new multi-day tournaments with features such as bubble protection, blind rollback, and final table deals. Running alongside regular freerolls and MTTs, the series offers extra prize value plus full rake rebates.

The promotion gained coverage on PokerStrategy, while the 100% rakeback offer was highlighted by Esports Insider.

New Software and App Features

Following the software and app launch, CoinPoker has been recognized among the top poker apps by Card Player Magazine and Gambling Insider, recording launch-day traffic of over 7,000 players online—rivaling GGPoker.

The new desktop and mobile clients feature:

In-built player stats powered by PokerIntel
New poker formats including PLO6, All-in or Fold, and Bomb Pot
Enhanced features like EV cashouts, Interactive Emojis, and Throwables
Improved lobby and table interface for No Limit Hold’em, Pot Limit Omaha, and PLO5

Throughout March, all games are effectively free to play, with the platform’s welcome bonus of 150% up to $2,000 returning from April onward.

About CoinPoker

CoinPoker is an online poker platform available for Windows, Mac, iOS, Android, and a web browser client for mobile.

All poker games are played in Tether (USDT), with additional crypto support including Bitcoin, Ethereum, and USDC.
Players in 25+ countries can also deposit via bank transfer.
The site also features a crypto casino and sportsbook alongside poker against real opponents worldwide.

Website: coinpoker.com
Media Contact: [email protected]

The post CoinPoker Debuts New App with Rake Free Poker, Signs Abby Merk and Papo MC appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Abby Merk

CoinPoker Debuts New App with Rake Free Poker, Signs Abby Merk and Papo MC

Published

35 minutes ago

March 10, 2026

GamingAmericas.com

Online poker site CoinPoker launched a new software client and mobile app in March 2026 alongside rake-free poker games and the signing of new sponsored players.

Joining the site’s ambassador team – already including some of the top names in poker, such as three-time Triton Series champion Mario Mosböck and WSOP Online main event champion Benjamin ‘Bencb’ Rolle – are Abby Merk and Alejandro ‘Papo MC’ Lococo.

https://x.com/CoinPoker_OFF/status/2030009912424849452

United States pro Abigail ‘Abby Poker’ Merk is an award-winning poker content creator from Chicago, ranked among the top female players in Illinois. With a background in volunteering, tutoring, and mentorship, Abby has also trained women in leadership skills and strategic thinking through the game of poker.

Freestyle rapper Papo MC has over $15 million in live tournament earnings – the #2 ranked player in Argentina behind Nacho Barbero – and a World Series of Poker bracelet.

Other household names of poker, such as Jean-Robert Bellande, Faraz Jaka, Mariano, YoH ViraL, Nik Airball, and Brantzen Wong have also recently announced partnerships with CoinPoker.

https://x.com/mariomosboeck/status/2030247270378020932

Rake-Free Poker Games

Throughout March, CoinPoker is hosting rake-free poker games – players receive all cash game rake and tournament fees back daily, in the form of various promotions. In the first half of the month, players can potentially earn 100% flat rakeback credited to their accounts at 08:00 UTC each day.

In the second half of March, CoinPoker is returning all rake to players in the form of Splash Pot cash drops, CoinRaces leaderboards, and a Level Up Series of tournaments with boosted prizepools and refunded buy-ins – making for free poker tournaments until March 31.

Level Up Series

The Level Up tournament series debuts the site’s new multi-day tournaments and features such as bubble protection, blind rollback, final table deals and more. These events run alongside the site’s regular freerolls and MTTs, with added value in the prizepool and a full rebate on the rake.

That free poker event made headlines on PokerStrategy, and the 100% rakeback promotion was featured on Esports Insider.

https://www.youtube.com/embed/BKGIzgG3_Jo (embedded video)

https://www.youtube.com/watch?v=BKGIzgG3_Jo

Following its new software rollout, CoinPoker has also been rated among the best poker apps by the likes of Card Player Magazine and Gambling Insider and seen record traffic, rivalling the likes of GGPoker with over 7,000 players online for launch day.

The new poker app and desktop client include in-built player stats powered by PokerIntel, new games like PLO6, All in or Fold, and Bomb Pot formats, and new features like EV cashouts, Interactive Emojis, and Throwables at the tables. No Limit Hold’em, Pot Limit Omaha and PLO5 are also available, now with an improved lobby and table interface.

Throughout March, all of its poker games are essentially free to play to debut the new software, and its welcome bonus offer of 150% up to $2000 also returns in April onwards.

About CoinPoker

CoinPoker is an online poker site available for download on Windows, Mac, iOS or Android, alongside an in-browser web client for free poker on mobile.

The platform’s tournaments and cash games are played in stablecoin Tether (USDT). Other major cryptocurrencies are also accepted such as Bitcoin, Ethereum and USDC, and 25+ countries can also deposit by bank transfer.

Alongside free poker action against real opponents around the world, the site also has an attached crypto casino and sportsbook.

Website: https://coinpoker.com/