Spatial.io vs Evolution Gaming
Side-by-side comparison of AI visibility scores, market position, and capabilities
3D collaboration and metaverse platform for enterprise and creator use cases; raised $50M. New York; supports VR headsets, desktop, and mobile without app installation;
About
Spatial.io is a 3D collaboration and spatial computing platform headquartered in New York City. Founded in 2016 and having raised $50M in funding, Spatial began as an enterprise-focused AR collaboration tool allowing remote teams to work together in shared holographic workspaces. The platform evolved through multiple iterations—from Microsoft HoloLens integration to web-based 3D environments—ultimately positioning itself as a browser-accessible spatial platform that works on VR headsets, desktops, and mobile without app installation. Spatial serves both enterprise collaboration use cases and a growing creator community building and monetizing custom virtual worlds.\n\nSpatial's platform enables users to create and share persistent 3D spaces for meetings, presentations, product showcases, virtual events, and art galleries. Enterprise users leverage Spatial for design reviews, remote collaboration with 3D assets, and virtual brand experiences, while creators use it as a no-code tool to build interactive virtual worlds and monetize them through NFT galleries, ticketed events, and virtual goods. The platform's cross-device accessibility—supporting Meta Quest, Apple Vision Pro, PC, and mobile—is central to its adoption strategy, removing the headset ownership barrier that constrains many XR collaboration tools. Spatial integrates with Figma, Google Drive, and Sketchfab for asset import.\n\nSpatial.io competes with Engage XR, Virbela, and Mozilla Hubs in the virtual collaboration space, and with Roblox and Decentraland on the creator world-building end. Its pivot toward browser-accessible, creator-friendly spatial experiences reflects broader market feedback that enterprise-only XR collaboration tools face adoption friction from mixed device environments. For enterprises seeking accessible 3D collaboration tools and for creators wanting a spatial platform without metaverse-specific technical overhead, Spatial.io offers one of the most polished multi-device spatial environments available.
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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