Ice Fishing is an Evolution product. That single fact carries a lot of weight in the live-casino world, because Evolution is the Nasdaq Stockholm-listed B2B provider behind most of the live game shows you've heard of — Crazy Time, Lightning Roulette, Monopoly Big Baller, Funky Time. Here's who they are, how they operate, and how they officially announced the Ice Fishing launch.
Evolution AB (formerly Evolution Gaming Group AB) is a Swedish B2B live casino provider founded in 2006 by Jens von Bahr and Fredrik Österberg. The company builds the infrastructure, software, and studio production for live-dealer games — the live-streamed blackjack, roulette, baccarat, and game-show titles you see inside almost every licensed online casino's live lobby.
Headquartered in Stockholm, Evolution is listed on Nasdaq Stockholm under the ticker EVO. The company employs over 22,000 people, runs production studios in 15+ countries, and supplies more than 800 operator customers, including most tier-1 online casinos and several land-based operators. Evolution's CEO since 2017 is Martin Carlesund.
Two points matter for the Ice Fishing context: first, Evolution is a B2B provider, not a casino — you don't play on Evolution's own site, you play Evolution games through licensed operators like the ones on our best-casinos shortlist. Second, Evolution is a publicly traded company with audited financials and regulatory oversight, which affects the credibility of the Ice Fishing product itself.
Studio network
Evolution operates 20+ production studios across Europe, North America, and Latin America. The Riga studio in Latvia — the company's original location — remains the largest single-site live-casino operation in Europe. Ice Fishing broadcasts from an Arctic-themed Evolution studio as part of the live game-show catalogue.
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Latvia
Riga (flagship)
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Malta
×2
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Spain
×2
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USA
×5 (NJ, PA, MI, CT, WV)
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Canada
×2
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Belgium
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Georgia
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Armenia
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Argentina
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Colombia
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Romania
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Lithuania
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Bulgaria
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Czech Rep.
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Brazil
2025, planned
Total tables & scale: by end of 2024, Evolution's studio network passed 1,700 live tables globally. New studios in Brazil and the Philippines were announced as part of the 2025 expansion plan.
How Evolution announced Ice Fishing
Official LinkedIn post · August 2025 · 155K+ followers
Primary source
When Evolution launched Ice Fishing in August 2025, the official announcement went out on the company's LinkedIn page to 155,659 followers. The post positioned Ice Fishing as a "speed game show" blending fast-paced wheel mechanics with an Arctic theme — Evolution's own framing of the product, direct from the provider.
Evolution's official Ice Fishing launch post on LinkedIn — August 2025.
The announcement breaks down the three headline mechanics: a 53-segment money wheel delivering instant cash prizes and multipliers up to 10×, plus three Fish Bonus games with guaranteed wins. Evolution names each bonus tier explicitly — Lil' Blues described as “light wins, fast action”, Big Oranges as “mid-range prizes with tension”, and Huge Reds as “high-value payouts and suspense”. These are the provider's own characterisations, not marketing retrofitted after launch.
Evolution describes Ice Fishing as a dynamic experience aimed at “casual players and seasoned fans of wheel-based games” — the official positioning for its target audience.
— Evolution, LinkedIn company page, August 2025
The post links to Evolution's full press release and uses the hashtags #OutNow #ICEFISHING #GameShow. For anyone researching Ice Fishing from a provider angle, this is the primary-source announcement — everything on third-party review sites (including ours) ultimately traces back to Evolution's own product documentation.
Ice Fishing sits within Evolution's Live Game Show category alongside some of the most-played titles in the entire online casino space. This puts the game in strong company: if you recognise any of the names below, you already know what to expect from the production quality.
Ice Fishing
Live game show · released August 2025
Crazy Time
Live game show · released July 2020
Lightning Roulette
Live roulette with multipliers · 2018 · flagship title
Monopoly Big Baller
Live game show · released 2022
Funky Time
70s-disco themed game show · 2023
Dream Catcher
First money-wheel title · 2017
Beyond the game-show category, Evolution runs the broader live-dealer catalogue — Live Blackjack, Live Roulette, Live Baccarat, Mega Ball, Craps, Deal or No Deal, and dozens more. For 2025 the company planned over 110 new releases, with Ice Fishing cited as one of the flagship titles driving player engagement.
Brands under the Evolution group
Evolution has grown by acquisition as well as organic product development. Through a series of deals over the past decade, it now operates eight distinct brands under one corporate roof.
Evolution
Live casino & game shows
NetEnt
Slots · acquired 2020
Red Tiger
Slots & jackpots
Big Time Gaming
Megaways · acquired 2021
Nolimit City
Slots · acquired 2022
Ezugi
Live dealer · acquired 2018
DigiWheel
HD spinning wheels · 2021
Livespins
Social streaming games
Why Evolution's track record matters for Ice Fishing
When a casino game comes from Evolution, several things are true by default that aren't true of smaller or newer providers. These are the concrete trust signals, not vague reassurance.
Public financials
Listed on Nasdaq Stockholm since 2015 (EVO ticker). Quarterly financial reports, audited accounts, and regulatory filings are all publicly available for scrutiny.
Independent RNG audits
Evolution's RNG systems are tested and certified by eCOGRA and BMM Testlabs — the two leading live-casino audit bodies.
10× EGR Supplier of the Year
Named EGR B2B Awards' Live Casino Supplier of the Year 10 times — industry peer recognition sustained over a decade.
Regulated markets
Licensed and active in strictly regulated jurisdictions including the UK (UKGC), Germany (GGL), Malta (MGA), Ontario, multiple US states.
Published RTP
RTP figures for each bet type (including Ice Fishing's 97.10% on Leaf down to 94.55% on Huge Reds) are published in official game rules and verifiable.
Dispute escalation
Under UKGC and GGL licences, disputed rounds can be escalated from the operator to Evolution for audit — a formal process, not a customer-service stonewall.
What this does not change: Ice Fishing still has a house edge by design. Evolution's credibility means the game's published odds and RTP are accurate — not that you'll win. All Evolution games are negative-expected-value over the long run, which is how the business works. See our strategy page and responsible gambling resources.
Where to play Ice Fishing
Because Ice Fishing is an Evolution title, every licensed casino with the Evolution live catalogue carries it. Our best-casinos shortlist has 12 operators verified as carrying the game with good bonuses, reliable payouts, and responsible-gambling tools in place.
See the 12 reviewed casinos
All licensed operators running Evolution's live catalogue, ranked on bonus value, payout speed, and player support.
Ice Fishing was developed and launched by Evolution AB, a Swedish B2B live casino provider founded in 2006 and headquartered in Stockholm. Evolution is listed on Nasdaq Stockholm under the ticker EVO and is the same studio behind Crazy Time, Lightning Roulette, Monopoly Big Baller, and Funky Time. Ice Fishing went live in August 2025.
Is Evolution a trustworthy casino game provider?+
Evolution is a publicly traded company on Nasdaq Stockholm (EVO), employs over 22,000 people, and supplies 800+ licensed operators including most tier-1 online casinos. RNG and game integrity are audited by independent labs including eCOGRA and BMM Testlabs. The company has won EGR's Live Casino Supplier of the Year award 10 times. Trustworthy, in short — but no provider removes the house edge, so responsible play still applies.
How many studios does Evolution operate?+
Evolution operates more than 20 production studios across 15+ countries, including multiple sites in the United States (5), Canada (2), Malta (2), Spain (2), plus single studios in Latvia, Armenia, Belgium, Bulgaria, Colombia, Argentina, Georgia, Lithuania, Romania, and the Czech Republic. New studios in Brazil and the Philippines were announced in 2025. The original and largest single-site studio is in Riga, Latvia.
What other games has Evolution made?+
Evolution's portfolio includes flagship live game shows Crazy Time (2020), Monopoly Big Baller (2022), Funky Time (2023), Dream Catcher (2017), Lightning Roulette (2018), and Mega Ball; plus Live Blackjack, Live Roulette, Live Baccarat, Craps, and many others. Through its acquired brands (NetEnt, Red Tiger, Big Time Gaming, Nolimit City, Ezugi) the group also publishes thousands of slots.
Where did Evolution announce Ice Fishing?+
Evolution announced the Ice Fishing launch on its official LinkedIn company page in August 2025. The post described Ice Fishing as a speed game show with fast-paced wheel mechanics and an Arctic theme, highlighted the 53-segment money wheel, up to 10× multipliers, and the three Fish Bonus tiers (Lil' Blues, Big Oranges, Huge Reds). The original post is available on LinkedIn.
