Evolution Gaming’s Stock Tanks After Q3 Miss and Rival Smear Allegations
Evolution AB shares fell 8% to SEK 668.3 on October 23, 2025, extending a 30% year-to-date decline. Q3 revenue missed forecasts at €507.1 million, with EPS at €1.25 versus €1.57 expected. The company accused Playtech of commissioning a 2021 smear report, intensifying industry tensions. Evolution holds about 45% of the global live-casino market.
