October 6, 2025

A new report exposes the evolution in illegal operations in sanctioned countries

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A new Bloomberg report has put another key in progress for Evolution AB, which was involved in a trial concerning its operations on the prohibited markets.

Audio obtained by Bloomberg via Black Cube, an Israeli private intelligence company. In April, he began to repel the rejected evidence relating to the evolution of work on these prohibited markets.

Black Cube was linked to other prosecution and surveys, in particular by trying to discredit the women involved in the Me Too movement around Harvey Weinstein.

Its report dates back to 2021, when an anonymous rival company ordered the report. The repercussions that followed led to the evolution of the loss of 36% of its stock value, or 10 billion dollars.

Games were accessible in countries sanctioned by the United States

Now Bloomberg has confirmed the Black Cube report. The audio of the leaders reveals that the evolution has provided illegal casino games to countries under American sanctions.

This news also led to another drop in its stock, which, during last week, fell by around 7% at the time of the editorial staff. It has recovered slowly since the news broke out.

Black Cube provided a video of them that connected to the platforms provided by evolution in fields like Iran. According to the report, the staff did not need to use a VPN or to browse their location in a way to remove the gains from the games, although the country was under American sanctions.

Evolution seemed to know what it was doing

Another video seen showed Kfir Kugler, commercial director of Africa and Latin America for evolution, showing a spreadsheet with income figures. The list included countries like Sudan and Syria. In the clip, Bloomberg reports that Kugler said (probably joking) that he was “sure that Assad’s family was playing, 100%”.

The ex-commercial director of the company, Jeff Millar, was “shocked” by evolution. He claims, in another secret recording, that evolution knows exactly what it does and that it masks this information from shareholders. Millar also claims that the CEO, Martin Carlesund, is systematically informed of these unregulated markets.

The new report exposes illegal operations of AB development in countries sanctioned compared to Readwrite.


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