Who Are the Top 5 Live Casino Software Providers in 2026?

The top five live casino software providers in 2026 are Evolution, Playtech Live, Pragmatic Play Live, Ezugi and Visionary iGaming. Evolution is by far the largest, with about 2,000 live tables, and it also owns Ezugi. Playtech and Pragmatic Play are the two biggest independent rivals, while Visionary iGaming (VIG) is the studio most US players actually meet at offshore casinos. For American players the key question is not only who is best, but who supplies the casino you can legally use.

Updated October 2026. Our previous version of this page, written in 2022, ranked Playtech, Evolution, NetEnt, Ezugi and Authentic Gaming. Three of those five have since changed beyond recognition: NetEnt Live closed in December 2020, Ezugi has belonged to Evolution since January 2019, and Authentic Gaming was shut down by its owner Light & Wonder in 2025. We also removed claims we could not support, such as “8 out of 10” players preferring Evolution and an 800-person headcount, and replaced them with figures from each company’s own reports and regulator records.

Top 5 Live Casino Software Providers at a Glance

Licence details come from each studio’s own website footer, checked in October 2026. A studio licence covers the games; the casino needs its own licence too, and that is the one that protects your balance.

How We Ranked the Studios

Popularity polls are easy to invent, so we used four measurable tests instead:

1. Scale: live tables, studios and the number of operators that carry the games, as reported by the company.
2. Licensing: whether the studio publishes licences from recognised regulators such as the UK Gambling Commission, the Malta Gaming Authority or US state boards.
3. Game range: how many distinct live formats it streams, from classic tables to game shows.
4. Relevance to US players: whether you can actually find its tables at a state-licensed casino or at the offshore sites that accept Americans.

VIG ranks fifth on the last test alone. On scale and licensing it would not make a global top five, but leaving it out would ignore the studio behind most live tables that players in non-regulated states see.

1. Evolution

Evolution AB is a Swedish company founded in 2006 and listed on Nasdaq Stockholm. It started as a pure live dealer studio, which is how our old page described it, but since buying NetEnt in December 2020 it has also owned a large slot business. Live casino remains the core: in the second quarter of 2026 Evolution reported net revenues of EUR 517.8 million, of which EUR 437.3 million came from live games. At the end of 2025 it ran about 2,000 live tables from 24 studios and employed about 22,900 people, with dealers working in 24 languages.

The Evolution group

Acquisitions turned Evolution into a casino group. The live side gained Ezugi (agreed November 2018, completed January 2019). NetEnt arrived in December 2020 and brought Red Tiger with it, Big Time Gaming followed in a deal agreed in April 2021 for EUR 450 million, and Nolimit City joined on 8 August 2022. One planned deal failed: Evolution agreed to buy the US table-game designer Galaxy Gaming in July 2024 and terminated that agreement on 21 July 2026.

Games

• Blackjack: classic seven-seat tables with Bet Behind, Infinite Blackjack (99.47% RTP) for unlimited players, Lightning and Free Bet formats, and private Salon Privé tables.
• Roulette: European, French and American wheels, Immersive Roulette, Speed and Auto Roulette, and Lightning Roulette, where one to five numbers are struck with 50x to 500x multipliers. Double Ball Roulette, which the old page mentioned, is still part of the range.
• Baccarat: Speed, No Commission, Squeeze and Lightning versions.
• Game shows: Crazy Time, Dream Catcher and Monopoly Live are all Evolution inventions; Monopoly Roulette launched in Q2 2026 after a new exclusive licence with Hasbro.

Evolution in the US

The company sells only to licensed operators. It has seven US studios: three in New Jersey, two in Michigan, one in Philadelphia and one in Connecticut, the newest opened in Grand Rapids, Michigan, in May 2026. Its tables appear at state-licensed brands such as DraftKings, FanDuel, Caesars and BetRivers, and not at the offshore sites that take players from other states. Our full Evolution Gaming review lists every studio with its opening date and the RTP of each main game.

2. Playtech Live

Playtech was founded in 1999 and has a premium listing on the Main Market of the London Stock Exchange. The company reports about 7,400 employees, more than 180 licensees and more than 40 regulated jurisdictions. It is licensed in Great Britain under UK Gambling Commission account 38516 and holds Malta Gaming Authority critical supply licence MGA/CRP/137/2007. Our old page also credited it with an Isle of Man licence and a “TV gaming” product with SMS betting; neither appears in Playtech’s current material, so we removed both.

Unlike Evolution, Playtech sells a full casino platform and slots alongside its live product. Playtech Live’s flagship studio is in Latvia, with further studios in Romania and Spain and a presence in Peru and Brazil. Its live catalogue leans on multipliers and licensed brands: Quantum Roulette and Quantum Blackjack, Age of the Gods Mega Fire Blaze Roulette, Adventures Beyond Wonderland, and TV formats including Deal or No Deal, Who Wants to Be a Millionaire? and Family Feud Live from Vegas. It also makes the VZN suite (Blackjack VZN, Baccarat VZN, Roulette VZN), which combines RNG technology with a hosted live presentation.

Playtech in the US

Playtech is the main alternative to Evolution in the regulated states. In January 2022 it opened live facilities in Michigan, with Parx, and in New Jersey, with bet365, launching roulette, blackjack, baccarat and Quantum Roulette. When Michigan’s Gaming Control Board authorised a third live dealer provider in October 2023, it named the other two as Playtech and Evolution. Playtech’s live page now lists US studio space in Michigan, New Jersey and Pennsylvania, plus a Las Vegas operation run with MGM Grand. The old claim that Playtech “concentrates on Europe and Asia” is out of date.

3. Pragmatic Play Live

Pragmatic Play built its name on slots and entered live casino by buying a studio. In June 2018 it completed the purchase of Extreme Live Gaming from the Novomatic Group, and in April 2019 it announced a Class II licence from Romania’s National Gambling Office for a new studio in Bucharest, with capacity for 43 tables at launch. That studio, not Extreme Live Gaming’s old London operation, became the base of Pragmatic Play Live. The Extreme Live Gaming name has since disappeared; our Extreme Live Gaming review tells that story.

Pragmatic’s footer describes the company as “a Veridian (Gibraltar) Limited investment” and names licences in Great Britain (account 56015) and Gibraltar (RGL No. 107), with Malta Gaming Authority approval and the Romanian Class II licence on its live casino page. Its best-known live titles are Mega Wheel, Mega Roulette, Sweet Bonanza CandyLand and ONE Blackjack. Mega Sic Bo, launched from Bucharest in July 2020, uses random Mega Multipliers that can pay up to 1,000x the stake on selected bets.

US players will struggle to find it. Pragmatic Play’s live casino page does not mention the United States, and we found no state regulator approval for Pragmatic Play as of October 2026. On 2 September 2025 the company said it would stop supplying its games to US sweepstakes casinos, a decision reported after the City of Los Angeles sued Stake.us.

4. Ezugi

Ezugi was founded in 2012, not 2013 as our old page said, and it is no longer independent. Evolution announced the purchase on 21 November 2018 and completed it in January 2019. The brand survives because it does something different: games built for particular regions, with native-speaking dealers, for markets such as India, Latin America, South Africa and parts of Asia.

That focus shows in the lobby. Ezugi streams Andar Bahar, Teen Patti, 32 Cards and Bet on Numbers next to standard blackjack, roulette and baccarat. Its EZ Baccarat pushes a Banker win on a three-card 7 instead of charging commission, which puts the Banker edge at about 1.02% (Wizard of Odds), slightly below the 1.06% of a standard commission table. Ultimate Sic Bo, released in April 2022, adds multipliers of up to 1,000x.

In the US, Ezugi returned to New Jersey in the fourth quarter of 2025 with games such as EZ Baccarat and Ultimate Auto Roulette, streamed from Evolution’s Atlantic City studio. Evolution’s Grand Rapids studio, announced in May 2026, carries Ezugi tables for Michigan players. The old description of a Baltic VIP studio with English and Russian dealers no longer reflects how Ezugi is run.

5. Visionary iGaming (VIG)

VIG says it was established in 2008. It historically streamed from San José, Costa Rica, where it opened a three-floor studio in 2011, and its signature game is Blackjack Early Payout, which lets you cash out a hand early for a calculated amount. MyBookie labels VIG tables in its lobby, and BetOnline runs a VIG lobby next to Fresh Deck Studios.

The catch is transparency. VIG does not publish its owner, its legal entity or a gaming licence on its website, and we found no certificate from a testing lab such as GLI or iTech Labs. That does not prove its games are unfair, but nobody outside the company audits them. Its Super 6 side bet pays 12:1, a 29.98% house edge, against 15:1 (13.82%) at Evolution, which shows how much the paytable can differ between studios. Our Visionary iGaming review covers its tables, limits and history.

What Happened to the Old Top 5?

The 2022 version of this page ranked five studios. Here is where each one stands in October 2026:

NetEnt

NetEnt was founded in Sweden in 1996 and became famous for slots such as Mega Fortune, Starburst and Gonzo’s Quest. It ran a live casino from a studio in Qormi, Malta, which is the product our old page reviewed. After Evolution took full control on 1 December 2020, it announced a total reorganisation that included closing the NetEnt Live business, and Malta news sources reported the closure of the Qormi studio with hundreds of job cuts. NetEnt’s slots continue under Evolution, but the old figure of a market value “above 1 billion euros” no longer applies, because NetEnt is no longer a listed company. Its unlimited-seat Common Draw Blackjack format lives on in Evolution’s Infinite Blackjack.

Authentic Gaming

Authentic Gaming specialised in streaming real roulette tables from land-based casino floors, including Foxwoods Resort Casino in Connecticut, which went live for players outside the US in June 2018. Scientific Games, now Light & Wonder, bought the studio in November 2021, and in October 2023 Michigan authorised it to stream from a Farmington Hills studio. Then Light & Wonder announced on 25 February 2025 that it would discontinue its live casino business. Layoffs at the Michigan studio began on 27 April 2025, both UK licences were surrendered on 12 December 2025, and the company’s 2025 annual report confirms the operations were discontinued. Our Authentic Gaming review has the full timeline.

Other Live Studios You May See

• Fresh Deck Studios: a B2B live dealer supplier that lists baccarat, roulette, blackjack (seven seats and unlimited) and Casino Hold’em. Like VIG, it publishes no owner, address or licence. US players see it mainly at BetOnline, where it runs BetOnline-branded private tables. Read our Fresh Deck Studios review.
• Gold Tier Gaming and Dynamite Interactive: the labels on Bovada’s live tables in October 2026. We could not find a working website, owner or licence for either name, so treat them as the casino’s own supplier labels.
• LuckyStreak: a Riga studio founded in 2014, licensed in Latvia and recognised by the Malta Gaming Authority, with blackjack, baccarat, roulette and Dual Play Roulette from real Malta casino floors. It holds no US state licence. See our LuckyStreak review.
• Games Global (the old Microgaming catalogue): our old page listed Microgaming as a live supplier. Microgaming sold its game portfolio, distribution business and progressive jackpot network to Games Global, completing the deal on 3 May 2022. Games Global is a slot and content supplier, approved as an iGaming manufacturer in Pennsylvania from 24 January 2024 to 23 January 2029, but we found no live dealer studio of its own in the regulated states. The background is in our page on the first online casino and Microgaming.

Which Studios Supply US Casinos?

Where you are standing decides which studios you can play. Eight states have legalised online casinos; seven markets are live (New Jersey, Pennsylvania, Michigan, West Virginia, Connecticut, Delaware and Rhode Island), and Maine legalised a tribal-only market (LD 1164: became law without the governor’s signature in January 2026, effective 29 July 2026) that had not launched as of October 2026. Inside the live states, geolocation checks confirm you are physically in the state before you can play.

None of the big three, Evolution, Playtech or Pragmatic Play, supplies Bovada, Ignition, MyBookie or BetOnline. Those four casinos are offshore and hold no US state licence. Each excludes some states, there is no state regulator to complain to if a withdrawal is refused, and your funds are not protected the way they are at a licensed casino.

Does the Software Provider Change Your Odds?

For the core game, no. A single-zero roulette wheel carries a 2.70% house edge at every studio, and the Banker bet at an eight-deck baccarat table with 5% commission carries 1.06% (Wizard of Odds). What changes from studio to studio is the format, and some formats cost more.

Speed matters as much as edge. Take $10 a spin at a 2.70% wheel: at 50 spins an hour the expected loss is about $13.50, but an Auto Roulette table running 80 spins an hour costs about $21.60 an hour at the same stake. Blackjack works the same way: classic Evolution blackjack with basic strategy returns about 99.5%, and its Infinite Blackjack is listed at 99.47%, so the choice between them is about seats and pace rather than price. Side bets such as Perfect Pairs and 21+3 cost far more than the main hand at every studio. Pick a format first and a studio second. Our live dealer games guide has the house edge of every main table game, and our page on the top live baccarat providers compares baccarat formats studio by studio.

How to Check Which Studio Runs a Table

1. Read the table tile. Many lobbies print the studio name or logo on each table, as MyBookie and Bovada do.
2. Open the help screen. The rules panel shows the paytable and RTP, and usually the provider.
3. Check the studio’s licence. Evolution, Playtech and Pragmatic Play publish licence numbers in their website footers. Where none is published, no outside regulator audits the studio.
4. Confirm the casino’s licence as well. Even a licensed studio at an unlicensed casino still leaves your money with an unregulated operator.
5. Compare side-bet payouts. The same bet can pay 12:1 at one studio and 15:1 at another, as Super 6 shows.

The Best Live Casino Software: Our Verdict

If you are in a regulated state, Evolution offers the most choice, Playtech is the strongest alternative, and Ezugi adds regional games and EZ Baccarat. Pragmatic Play Live is a major global studio but is not available at US state-licensed casinos as of October 2026. Outside the regulated states, VIG and Fresh Deck are what the offshore sites stream, so judge those tables on their posted rules and payouts. Our best live casinos USA page covers where US players can play today.

Play within limits you set in advance. If gambling stops being fun, call the National Problem Gambling Helpline at 1-800-MY-RESET (1-800-697-3738); it is free, confidential and open 24/7.

More live studio guides

Smaller and regional suppliers have their own guides: eBET, Opus Gaming and SunBet, plus table guides such as Microgaming Live baccarat and Playtech’s Cashback Blackjack.

Frequently Asked Questions

Who is the biggest live casino software provider?

Evolution. It ran about 2,000 live tables from 24 studios at the end of 2025, supplies more than 870 operators and reported EUR 437.3 million of live casino revenue in the second quarter of 2026 alone. It also owns Ezugi, the fourth studio on our list.

Which live casino providers are available in the US?

At state-licensed casinos, mainly Evolution and its Ezugi brand, plus Playtech Live, which lists studio space in Michigan, New Jersey and Pennsylvania. Offshore sites that accept players from other states use smaller studios such as Visionary iGaming and Fresh Deck Studios, and Bovada labels its tables Gold Tier Gaming and Dynamite Interactive.

Is NetEnt Live still running?

No. Evolution completed its takeover of NetEnt on 1 December 2020 and closed the NetEnt Live business as part of the restructuring, including its live studio in Qormi, Malta. NetEnt still exists as an Evolution slot brand.

Who owns Ezugi?

Evolution. It agreed to buy Ezugi in November 2018 and completed the deal in January 2019. Ezugi was founded in 2012 and keeps its own brand for regional games such as Andar Bahar, Teen Patti and EZ Baccarat.

Does Pragmatic Play Live accept US players?

Not through state-licensed US casinos: we found no state regulator approval for Pragmatic Play as of October 2026, and its live casino page lists UK, Gibraltar, Malta and Romanian licences only. On 2 September 2025 it also said it would stop supplying US sweepstakes casinos.

Does the live casino provider change the odds?

The core game stays the same. Single-zero roulette carries a 2.70% house edge and the Banker bet at eight-deck baccarat 1.06% whichever studio deals it. What changes is the format: Super 6 tables, fee-based multiplier games and faster rounds all raise what you lose per hour at the same stake.