Evolution grows reach with Isle of Man B2B license

Evolution has expanded its geographical footprint with the acquisition of a B2B license from the Isle of Man. The Software Supplier License will allow the company to enhance its global reach and enable it to provide its products to new jurisdictions or reinforce its presence in existing ones.

The Isle of Man welcomes Evolution as the latest supplier

To ensure the smooth acquisition of this distinct business benchmark, Evolution worked with SolutionsHub, an established industry consultancy, to navigate the detailed process that is tied to obtaining a gambling license.

James O’Kelly, Head of Operations at the consultancy, said that a growing number of suppliers are now considering the Isle of Man as an important destination when it comes to licensing. Because of this, the jurisdiction is increasingly attractive for S-tier industry stakeholders, such as Evolution.

O’Kelly similarly noted that it is important for these suppliers and other industry stakeholders seeking a license in the Isle of Man to understand the regulatory process, which is where the company comes in offering a clear roadmap as to how the license is obtained.

The license was secured from Digital Isle of Man and Isle of Man Gambling Supervision Commission. Digital Isle of Man Strategic Partnership Manager Tara Leneghan has welcomed the opportunity to see Evolution obtain this regulatory distinction. Leneghan said:

"We are pleased to have supported Evolution navigate the Isle of Man’s eGaming landscape, alongside SolutionsHub. To have attracted an applicant of this caliber is a true testament to the benefits of licensing in the Isle of Man. Congratulations to the Evolution Group."

Isle of Man has been looking to quickly update its regulatory framework, ensuring that it delivers on a world standard for safety and responsibility, and raising the stakes for operators and suppliers who wish to operate under an Isle of Man licensure.

Helping the Isle of Man complete the licensing process without a hitch

Operators and suppliers are expected to reach a rigorous standard and pass a thorough licensing process that makes the role of companies such as SolutionsHub all the more important. Many operators and suppliers are today based in the jurisdiction benefiting from its lighter and quicker regulatory process but also from its global reach.

Evolution itself has been on a growth journey of its own. The company recently made a play for Arcadia Solutions, a developer that focuses on streaming live casino arcade games to global audiences, which will now be incorporated into Evolution’s sprawling network of innovative studios and software.

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