Viagogo vs Evolution Gaming
Side-by-side comparison of AI visibility scores, market position, and capabilities
Viagogo is one of the world's largest secondary ticket marketplaces for live events — concerts, sports, and theater — operating globally in 60+ countries; acquired StubHub from eBay for $4.05B in 2021; headquartered in Geneva, Switzerland;
About
Viagogo is a global secondary ticket marketplace founded in 2006 by Eric Baker — who also co-founded StubHub — and headquartered in Geneva, Switzerland. The platform enables buyers to purchase tickets for live events (concerts, sports, theatre, and festivals) and sellers to list tickets they hold, operating as a marketplace intermediary across more than 60 countries. Viagogo is one of the largest secondary ticketing platforms in the world by geographic reach, with a particularly strong presence in European and international markets where it competes with local incumbents and primary ticketing platforms.
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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