Playtech’s authorized dispute with Evolution has gained one other dimension following the launch of a beforehand confidential report that was commissioned by the Swedish playing provider.
The doc, ready by Spectrum Gaming Group, examined accusations surrounding Evolution after Playtech employed intelligence firm Black Cube to research the enterprise. Playtech has now pointed to findings within the report that it says help elements of Black Cube’s earlier investigation.
Spectrum raised issues in regards to the availability of Evolution video games in prohibited markets, the regulatory penalties of these practices and the provider’s monitoring of operators. The report additionally examined whether or not Evolution had taken adequate motion after allegations about its actions emerged.
“For months, Evolution has publicly characterised the Spectrum Report as exonerating it. Yet, at the same time, Evolution consistently refused to make the report available to the public,” Playtech informed markets.
The report turned public via proceedings in New Jersey after Evolution had sought to maintain it confidential on business and confidentiality grounds.
Report Examines Prohibited-Market Activity
Spectrum stated it may “specifically corroborate” claims that Evolution video games had been accessible and producing income in prohibited places. The places recognized within the materials included Hong Kong, Singapore, the United Arab Emirates and Saudi Arabia.
At the identical time, the report didn’t set up that Evolution had engaged in unlawful practices. Spectrum additionally rejected allegations involving money funds and the usage of Evolution video games in sanctioned nations.
For accusations involving Iran, Syria and Sudan, Spectrum was unable to “confirm or refute”the claims. Playtech stated the report lacked adequate info as a result of Evolution had not equipped important knowledge requested throughout the evaluation.
Spectrum additionally discovered that Evolution had didn’t take proactive steps to make sure customer-facing operators complied with contractual necessities. According to the report, the corporate had not taken remedial motion to dam specific websites or jurisdictions or implement related contractual provisions after the allegations surfaced.
The report additional recognized issues involving digital currencies, together with wagers that had not triggered enhanced due diligence.
Long-Running Dispute Faces Further Scrutiny
The dispute between the businesses dates to 2020, when Playtech commissioned Black Cube to research Evolution. The ensuing allegations turned public in 2021, prompting Evolution to explain the investigation as a “smear campaign”.
Evolution subsequently commissioned Spectrum to look at the accusations. In October 2025, court docket proceedings revealed that Playtech had paid £1.8m for the unique investigation, after which Playtech shares fell about 25% throughout the buying and selling session.
The authorized case continues in New Jersey. Evolution additionally sought so as to add Playtech as a defendant in April.
Regulatory scrutiny has continued separately. The UK Gambling Commission agreed a £4.75m settlement with Evolution after discovering that its video games had been accessible via a number of unlicensed UK operators. The Commission had additionally examined shortcomings involving anti-money laundering and buyer due diligence controls and regarded suspending Evolution’s licence.
Evolution has declined to touch upon the most recent court docket filings. It has beforehand stated its litigation seeks to carry Playtech and Black Cube “accountable for its wrongdoing” and defend shareholder worth.
Source:
“Playtech’s legal spat with rival deepens after publication of secret report”, cityam.com, September 9, 2026
