Panama Sees Push From Evolution Group With Codere Online

Evolution Group Expands in Panama

In the world of online gambling software companies, something we’ve seen more and more is Latin American expansion. Along with expansion in South American countries, this general part of the world has been hot for a while. Over the past few years, more and more big names have been expanding in those regions.

The latest development in that arena comes from Evolution Group.

Their latest deal is with the Codere Online brand in Panama. This content agreement is pretty important to their expansion in the region. However, you’ll find a bit more to it than what initially meets the eye.

That’s because this is a part of some global movements from a lot of major companies and brands. Additionally, it ties into what’s happening more locally within Panama’s online gambling industry. With interesting developments on multiple levels, this is a hot story with a lot of moving parts.

Live Dealer Games and a Ton of Slots Included

This content deal isn’t just for Evolution’s incredibly popular lineup of live dealer games. Instead, it’s for content from the other brands they own. In particular, a ton of slots from Net Entertainment and Red Tiger Gaming are coming Codere Online’s way. This is an incredible selection of titles to drop all at once to this brand. It’s pretty easy to see how their players will absolutely love this.

Additionally, it includes games that haven’t been released yet. That means when a new Red Tiger or NetEnt online slot drops, it’ll be available there. Fresh new titles from some of the best developers in the space are obviously going to be welcomed. When you’re bringing such a great selection of content all in one package, it’s hard to argue with. However, it becomes even more crazy when you think about the future titles coming along as well.

This Isn’t Codere Online and Evolution’s First Rodeo

This isn’t the first time we’ve seen Evolution and Codere Online work together. These two companies have had similar agreements previously in other parts of the world. That includes their European agreements. However, it also includes similar deals in Mexico, Colombia, Argentina and other countries in the region. That’s a pretty important part of the big picture of their overall expansion.

With that said, it doesn’t look like Panama will be getting their own live dealer studios from Evolution. That may change in the future, but it appears that they’ll be streaming from one of their other studios that already exist prior to this deal.

The State of Panama’s Online Gambling Market

The Panama Gaming Control Board is the governing body over all online and offline gambling in the country. As a part of this deal, they have to certify games individually before they can be offered there. However, only a select group of games are available in this first batch. That means more titles will roll out as they are certified as a part of this agreement. While this can be inconvenient for players, it’s also a standard part of how these types of deals go.

Evolution Group Expanding More and More

We are seeing more and more expansion from Evolution. However, quite a bit of this is happening in South American and Latin American markets. These are some of the latest emerging markets in the grand scheme of things. Likewise, it’s not very surprising that so much business-oriented action is happening there.

When we see them work with major brands like Codere Online, we know that they’re here to stay. Additionally, this is clearly something they’re planning on backing for several years. Their long-term plans will be boosted by deals like this that happen in the present as well.