Cloudinary vs Evolution Gaming
Side-by-side comparison of AI visibility scores, market position, and capabilities
Cloudinary is a cloud media platform for uploading, transforming, optimizing, and delivering images and videos via CDN for web and mobile applications.
About
Cloudinary is a cloud-based media management platform that handles the entire lifecycle of images and videos in web and mobile applications: upload, storage, transformation, optimization, and CDN delivery. Its URL-based transformation system is a defining product feature — developers encode transformation parameters directly into an image or video delivery URL, and Cloudinary processes and caches the result on the fly without any server-side code. A single master asset can be resized, cropped, format-converted, color-adjusted, watermarked, and AI-background-removed simply by changing URL parameters, eliminating the need to store multiple pre-processed variants for different contexts.
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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