Beamable vs Evolution Gaming
Side-by-side comparison of AI visibility scores, market position, and capabilities
Unity-native live game services platform for in-game commerce, content management, player data, and live operations built directly into the Unity Editor.
About
Beamable is a Boston-based game services company that provides a Unity-native live game services platform designed to help game studios build, operate, and monetize live-service games without leaving the Unity development environment. Beamable's integration into the Unity Editor as a package distinguishes it from generic cloud backend providers — developers configure in-game stores, manage content, run promotions, and define player segmentation directly within the tools they already use for game development. The platform covers in-game commerce and virtual item storefronts, A/B testing and player segmentation, content scheduling and live events, player inventory and economy management, announcements and notifications, and multiplayer tournament features. Beamable uses a server-side C# microservices architecture that lets developers extend platform capabilities using familiar Unity-ecosystem languages. The company targets Unity developers at small to mid-size studios building free-to-play mobile games, casual games, and mid-core titles that require live-service monetization and operations. Founded in 2019 as a spinout of a game studio, Beamable raised seed and Series A funding backed by investors including Makers Fund and BITKRAFT Ventures, competing with PlayFab (Microsoft) and GameSparks in the live game services space.
World's #1 live casino B2B supplier; €1.045B H1 2025 revenue, 65.8% EBITDA margin. Powers live casino for FanDuel, BetMGM, and 700+ operators globally.
About
Evolution is a Swedish B2B iGaming company founded in 2006 and listed on Nasdaq Stockholm, providing live dealer casino games and RNG content to online casino operators worldwide. The company develops and operates live casino studios in 20+ countries—including major facilities in Riga (Latvia), Malta, Georgia, Romania, Canada, and the United States—streaming thousands of simultaneous live table games to casino operators globally. Key products include Live Blackjack, Live Roulette, Live Baccarat, and exclusive game shows like Crazy Time, which has become one of the most-played live casino games in history.\n\nEvolution's B2B model licenses its live casino platform to 700+ operators—including FanDuel, BetMGM, Caesars Digital, DraftKings, and virtually every major online casino brand globally—under revenue-share agreements. This asset-light licensing model generates exceptional margins. Evolution has expanded beyond live casino into RNG slots through acquisitions of NetEnt (2020) and Red Tiger Gaming, adding a portfolio of 1,000+ digital slot titles.\n\nEvolution reported H1 2025 revenue of €1.045B (+3.5% YoY), with adjusted EBITDA margin of 65.8%—among the highest in the global gaming industry. Q2 2025 revenue was €524.3M, with live casino contributing €453.7M. Evolution holds approximately 45% of the global live casino B2B market, ahead of Playtech (30%) and Pragmatic Play (25%). The company launched its first Philippines studio and a new São Paulo facility in 2025.
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