Crazy Time by Evolution Gaming — Who Makes It and Why It Matters
Published April 19, 2026
Every time you play Crazy Time, you are putting real money into a game made by a company most players have never looked up. That company is Evolution Gaming — and understanding who they are, how they operate, and why they hold the position they do in the live casino industry directly affects how you should think about the game’s fairness, your safety as a player, and the quality of what you’re betting on.
Who Is Evolution Gaming?
Evolution Gaming (officially Evolution AB) is a Swedish live casino company founded in 2006 and headquartered in Riga, Latvia, with studios and offices in multiple countries. They are listed on Nasdaq Stockholm and are one of the largest gambling technology companies in the world by market capitalisation.
Evolution does not operate casinos directly. They are a B2B (business-to-business) supplier. Their business model is to build and operate live casino game studios, then license access to those games to online casinos globally. When you play Crazy Time on Stake, DraftKings, Bet365, or any other platform, you are watching the exact same Evolution studio, the same wheel, and often the same hosts.
This matters because it means:
- One company controls the game: Crazy Time’s mechanics, fairness, and payouts are entirely Evolution’s responsibility — not the individual casino you play on
- The casino cannot manipulate results: They receive a live feed. They have no access to the wheel, the RNG, or any mechanism that influences outcomes
- Trust is concentrated: If Evolution is trustworthy, the game is trustworthy across every platform that offers it
How Crazy Time Was Created
Crazy Time launched in 2020 as part of Evolution’s Game Shows category — a collection of live games that blend the entertainment format of television game shows with real money betting mechanics.
The design team at Evolution built Crazy Time around a central money wheel — a format familiar from shows like Wheel of Fortune — and added four bonus mini-games to create depth and variance. The result was the most complex live casino game show ever produced: four distinct bonus formats, a top slot multiplier system, and a maximum potential payout of ×20,000.
The physical wheel itself is a precision-engineered piece of equipment. The 54 segments are measured and calibrated to ensure each segment has exactly the correct probability of winning. The flapper that determines the result is positioned to be neither influenced by the spin direction nor biased by the momentum of the wheel. Independent testing labs verify these properties before and after production.
Evolution Gaming’s Licensing and Regulation
Evolution holds gaming licenses from some of the most stringent regulatory bodies in the world:
- Malta Gaming Authority (MGA) — One of the EU’s most rigorous gambling regulators
- UK Gambling Commission (UKGC) — Required to supply UK-facing casinos
- Danish Gambling Authority
- Swedish Gambling Authority (Spelinspektionen) — Evolution’s home jurisdiction
- Alderney Gambling Control Commission
- Kahnawake Gaming Commission
- Curaçao eGaming — used by many crypto-accepting platforms
To hold these licenses, Evolution must maintain:
- Audited RTP figures that match published values
- Certified physical equipment for all live games
- Staff training and compliance procedures
- Anti-money-laundering (AML) protocols
- Responsible gambling tools
The licenses also require Evolution to cooperate with independent auditors. eCOGRA and Gaming Laboratories International (GLI) regularly audit Evolution’s games — including Crazy Time — to verify that actual long-run results match the published RTP figures.
How Crazy Time’s Fairness Is Verified
Three mechanisms combine to make Crazy Time’s results verifiable and trustworthy:
Physical wheel certification The Crazy Time wheel is a physical object subject to the same manufacturing tolerances as any precision mechanical device. Before deployment, the wheel is tested by an independent lab to confirm segment probability matches the published 54-segment distribution. Wheels are re-tested periodically and replaced if wear affects results.
Live video broadcast The game is broadcast live via multiple camera angles simultaneously. Any manipulation of the wheel would be visible on camera to thousands of players watching in real time. The transparency of a live broadcast is a meaningful deterrent and verification mechanism.
Independent RTP auditing eCOGRA and GLI regularly pull samples of Crazy Time results and compare them to the expected RTP figures. Published Crazy Time RTP values (94.3–96.3% depending on segment) are verified against actual game outcomes. The RTP breakdown on this site reflects the Evolution-published figures.
Evolution’s Game Shows Category — Where Crazy Time Sits
Crazy Time is the flagship title in Evolution’s Game Shows category. Other titles in the same lineup include:
- Dream Catcher — The original Evolution money wheel, simpler than Crazy Time, no bonus rounds
- Monopoly Live — A money wheel combined with a 3D Monopoly bonus board
- Deal or No Deal Live — Based on the TV show; players negotiate with the Banker over prize boxes
- Crazy Coin Flip — A simplified Crazy Time variant focused on the Coin Flip bonus
- Lightning Storm — Evolution’s newest game show format featuring cumulative jackpots
Crazy Time’s position at the top of this category comes from the combination of four distinct bonus rounds, the top slot multiplier system, and the ×20,000 maximum payout ceiling. No other game in Evolution’s portfolio offers comparable complexity or upside.
Why Evolution’s Reputation Matters to You as a Player
Evolution’s status as a publicly traded company with institutional investors and multi-jurisdictional gaming licenses creates accountability that private operators lack. They cannot afford to rig games or allow results to deviate from published RTP — the financial and regulatory consequences would be catastrophic.
This is meaningfully different from playing a software slot from an unknown developer or an unlicensed platform. When you play Crazy Time:
- The results come from a physical wheel manufactured to specification
- The wheel’s fairness is independently certified
- The RTP figures are audited against actual results
- The company behind the game has €2+ billion in annual revenue and a market cap in the billions — they have far too much to lose to risk their reputation on a rigged game
For complete peace of mind, the Is Crazy Time Rigged? page goes deeper on how to verify fairness yourself, what the certifications actually mean, and how to think about the house edge as the game’s built-in cost rather than evidence of manipulation.
Evolution Gaming and Stake
Stake offers Evolution Gaming’s full live casino suite including Crazy Time. This means when you play on Stake, you are accessing the same Evolution studio, the same certified wheel, and the same audited RTP figures as any other licensed casino in the world.
Stake holds a Curaçao eGaming license, which requires them to offer only certified games from regulated suppliers. Evolution’s certification applies regardless of which platform you access the game through.
Play Crazy Time by Evolution Gaming on Stake
FAQ
Who makes Crazy Time?
Crazy Time is made by Evolution Gaming (Evolution AB), a Swedish live casino company listed on Nasdaq Stockholm. They are the world’s largest live casino supplier and exclusively produce Crazy Time for licensed casinos globally.
Is Evolution Gaming trustworthy?
Yes. Evolution is publicly traded, holds gaming licenses from the Malta Gaming Authority, UK Gambling Commission, and other regulators, and has their games independently audited by eCOGRA and GLI. They are one of the most regulated companies in the gambling technology sector.
Does the casino control Crazy Time results?
No. The casino you play on receives a live video feed from Evolution’s studio. They have no access to the wheel, the RNG, or any mechanism that could influence results. Fairness is Evolution’s responsibility, not the casino’s.
What RTP does Crazy Time have?
Crazy Time’s published RTP ranges from 94.3% (Pachinko segment) to 96.3% (10 segment). These figures are published by Evolution Gaming and independently verified by eCOGRA. The full breakdown is on the RTP guide.
Can I trust Crazy Time from any casino?
If the casino is licensed and offering genuine Evolution Gaming content, the game is identical and equally trustworthy across all platforms. The Crazy Time studio, wheel, and rules do not change between casinos.
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Where to Play Crazy Time
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