Evolution Enters the Panama iGaming Market


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Carl Hughes Betting Expert

Updated:December 17, 2022

World leader of casino and iGaming b2b solutions Evolution has signed a deal with Codere which gives it access to the Panama online casino market for the very first time. Evolution is a well-established name in the European and North American market and has been striving for expansion and development of its business in order to reach non-core markets such as South and Central America.

Codere is a multinational iGaming and betting provider who has over 40 years of experience in Spain, Italy, Uruguay, Argentina, Colombia, Mexico and Panama. It has been providing casino and iGaming services to the Panama market since 2005, as well as physical casino services such as gaming halls, casinos, gaming machines, and even a race track. The online gambling division of Codere was established in 2014 in order to offer customers activities such as sports betting and online casino (including live casino games).

Evolution is very well established in the UK market and many of their partners can be found on our new betting companies list. They provide a large variety of casino and live casino games to their customers, some of which include 888casino, bet-at-home.com, Betfair, BetVictor, BetWay, Casumo, GiG, PaddyPower, PokerStars, and William Hill. As such, casino customers in the UK are very likely to have experienced the modern user-friendly technology and software behind Evolution’s product, as a large part of the UK online casino websites use their games and services. If you are a new customer and interested to try, the above companies provide outstanding introductory offers.

As part of the new deal with Codere, Evolution will produce a bespoke live online casino and slot games for customers of the codera.pa online gaming website. In addition to Evolution games and casino activities, customers will also be able to enjoy Evolution’s daughter brands NetEnt and Red Tiger. Initially, customers will access a smaller group of operators and activities, and more certified games will be added in the next several months.

Speaking about the deal, Codere Online Regional Manager for Latin America Salo Leder stated:

“We are very excited to bring players in Panama the best online casino and slot gaming experience, whether they be live games that replicate the excitement of a land-based casino visit or innovative online slots with engaging themes and graphics. and stunning gameplay.”

Codere and Evolution have already been working together in Europe for some time now, and have built a relationship of mutual trust and reliability. Partnerships in Colombia, Argentina, and Mexico have also been successfully established between them following their initial favourable dealings together.

Evolution Head of Operations in Latin America Mónica Umaña also commented on the partnership:

“We are proud of our long and successful partnership with Codere Online in multiple jurisdictions and delighted to have the company as the first operator of our games in Panama. The market Latin America is very important for Grupo Evolution and this is another great expansion of our presence in this region”.

The Evolution moto is “A unique and Flawless Gaming Experience” and customers in Panama will be excited about the deal as they will be getting access to the best of the best when it comes to online gaming and live casino experience online. Divided into four groups (Live Casino, Live Game Shows, First Person, Slots), Evolution’s activities offer immersive, entertaining, and realistic casino experience to newcomers and experienced online gaming fans alike. Customers can choose activities and events such as live roulette / blackjack / craps / baccarat / poker / super sic bo & dragon tiger, all of which run using Evolution’s state-of-the-art iGaming and online casino software. The games are available on a range of devices and platforms and Evolution has long embraced Omnichannel as its preferred business strategy. It prides itself on its world-class games, top performing portfolio, and a team of experienced innovators and leaders in the online gaming and betting industry.

Evolution also offers its customers what they call the Promotions Suite – a bespoke package of tools that allows online casino platforms to create and manage promotions seamlessly and effortlessly. The Suite includes features like Real Time Rewards, Reward Games, Push Notifications, and Game Streaming API which provides the platform with information and statistics from all games played by customers in real time, which would allow the platform to create leader boards, winner lists, rankings and much more.

The new deal is certainly exciting news for the Latam online casino market, and the recent expansion of Evolution undoubtedly means that customers in other countries in the region may soon be able to access their games too. We will be following the company’s journey in this new market with interest and will keep you informed of new developments.

About the author

Carl Hughes


Carl Hughes


Carl Hughes is a leading expert on sports and casino betting. Carl began his career with a BSc in Sport, Exercise and Health Sciences from the University of Birmingham before working within the industry for some of the bigger names (GVC and Bet365) and has been praised as being "a leading sports betting commentator".