Evolution
Evolution AB (publ) ("Evolution" or "the Company") the world's leading B2B provider and innovator of online casino games, announced today that it has learned through discovery that Playtech Software Limited, a subsidiary of Playtech Plc ("Playtech"), is responsible for commissioning the controversial investigation firm Black Cube to prepare and disseminate a 2021 report containing highly inflammatory and knowingly false claims about Evolution and its business practices that was intended to substantially harm the company for anti-competitive reasons.
Evolution issued the following statement regarding this revelation and Playtech's actions:
It is deeply disturbing to learn that one of our competitors has gone to such extraordinary lengths to damage our business and reputation by hiring Black Cube and paying them over 1.8 million GBP to fabricate a report they knew would have extremely harmful repercussions. The report, which was furnished to regulators by a law firm representing Black Cube, Calcagni & Kanefsky LLP, and purposely leaked to the media, was determined by two state regulators in the U.S. to be lacking in evidentiary support. Later, the New Jersey Superior Court also determined that the defamatory report was untruthful and lacked veracity. Notwithstanding those findings, dissemination of the report has resulted in multi-billion dollar damage to our company.
Black Cube has a well-documented history of using deceitful methods to sway public opinion by...
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