In this wildly insighful conversation with Evolution's Chief Product Officer Todd Haushalter, we have a wide ranging conversation on everything from Evolution's moats and why its so hard to make great product to game innovation and how Evolution plans to stay ahead of the competition.
Todd Haushalter joined Evolution in 2015 and is responsible for having created billions of dollars of value for the company, in addition to having created many new live casino gaming formats that are among players favorites.
Many in the industry joke that he and his team at Evolution are the R&D department for the entire industry. When Evolution rolled out Lightening Roulette, competitors followed with Quantum Roulette and Mega Roulette. Rather than getting caught up in competing with copycats, Todd pushes his team to always focus on the player, delivering the best gaming experience for them.
All sorts of subtleties from camera angle switches to the timing of ball drops reflect Todd’s relentless pursuit of an unparalleled player experience. Whereas competitors compete on price, his games win because players actively seek them out.
Whether you are familiar with live casino or not, everyone can learn from Todd Haushalter’s business and operational acumen, which is flowering with insights that only a truly passionate and driven operator could articulate.
To read Speedwell's in-depth 74-page research report on Evolution, become a member or purchase a single report here. With a membership you will also get access to Evolution's business updates and all of our other reports.
You can listen to our 2h+ company podcast on Evolution here: (Apple, Spotify).
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Show Notes
(0:00) — Intro
(1:20) — Journey to Evolution? Taking Sermons from Evolution
(6:25) — Game Innovation and Dream Catchers
(13:57) — Why Todd gets called Steve Jobs; Dark side of Product Development; Culture
(21:01) — The Nitty Details of Gaming Math
(31:03) — The Art of Making a Game
(42:33) — Setting up a Competitor with 10 billion Euros
(50:59) — How OSS Changes Competition
(1:00:34) — Slots and Growth Inflection
(1:05:11) — Recommendations and AI; Social
(1:22:25) — Why do People like Live Casino?
(1:31:14) — Why would Todd Leave Evolution?
(1:38:23) — Aggregators?
(1:52:55) — Fear?
(1:57:40) — Is the Stock a Buy?
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Disclaimer
Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/
The Synopsis 