Playtech (LSE:PTEC), in a statement, said a filing submitted by Black Cube in its ongoing US litigation with Evolution AB has made public, for the first time, the Spectrum Report which Evolution commissioned to rebut Black Cube's investigation.
Evolution hired Spectrum Gaming Group to respond to the investigation and had described the resulting report as exonerating, while refusing to release it publicly, citing sensitive proprietary financial information.
Playtech said the report instead corroborates fundamental aspects of Black Cube's findings, including the availability of Evolution's games in prohibited markets and a lack of proactive customer monitoring.
Spectrum said it was unable to confirm or refute several other findings because Evolution withheld requested data, including information on whether gaming sessions occurred in Iran, Syria and Sudan, along with revenue reports for those jurisdictions.
Spectrum found that Evolution "does not take any proactive steps" to ensure operators using its products comply with contract terms, and described the compliance issues as "significant" and "problematic", warning they "place Evolution in a precarious situation with law enforcement officials".
Playtech said the report's contents suggest Evolution's resistance to disclosure was less about protecting financial data than about the corroboration of these compliance concerns.
Playtech said it welcomes scrutiny of the report by the court, regulators and other stakeholders now that it is public.