IP Research Analysis
Published November 25, 2025
Evolution: Asia Update & Cyberattacks
inpractise.com/articles/evolution-asia-update-and-cyberattacks
In March 2024, we published research on EVO’s Asia business and potential risks. This research provides an update of our understanding of EVO’s Asia business and its recent performance. Our work is based on private interviews and conversations with executives on the ground across the region.
These conversations suggest Asia’s underperformance could be attributed to two factors:
- Increased law enforcement to crackdown on live casino activity
- Stolen games & cyberattacks, as flagged by EVO’s management
Law enforcement
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