Evolution Drops Most in Three Years on UK Gaming License Review


Evolution Drops Most in Three Years on UK Gaming License Review

Shares of online gambling company Evolution AB fell the most in three years after the UK Gambling Commission opened a review of the firm's operations.

The British agency opened a review of Evolution's subsidiary after determining that the company's games were accessible through operators that don't hold a UK license, according to a statement from Evolution on Friday after markets closed. The company said such a review could lead to penalties or a suspension of a gaming license.

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