Evolution reconsiders $85M Galaxy Gaming deal
By Dan Whitaker, Casino News Editor
Evolution AB CEO Martin Carlesund is reconsidering the company’s planned $85 million acquisition of Galaxy Gaming on the last day to close the long-awaited transaction. During the company’s Q2 2026 earnings call on Thursday, Carlesund shared the company’s plans for its previously announced acquisition and indicated Evolution might no longer proceed.
The disclosure puts the $85m deal in doubt as the deadline to complete the transaction arrives, leaving the long-awaited purchase with an uncertain outcome. The development was made public on the Q2 2026 call and will be watched closely by observers in the UK.
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Reported by SBC Americas.