June 22, 2022
Evolution Gaming has this morning reached an agreement to acquire Nolimit City for an upfront cash consideration of €200m. The deal contains a number of earn-outs options that could amount to €140m, which would price up Evolution’s total valuation of NoLimit City to €340m, payable in cash. The company notes that this falls in line with a “strategy of being …
Read More »November 16, 2016
“Nolimit City was born out of frustration!” says co-founder Jonas Tegman of the new games development business he has launched with fellow industry veteran Per Lindheimer. “We have both worked for some of the largest suppliers and operators in the market, and from our point of view they are all making the same mistake,” he continues. “Instead of asking operators …
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