Ralph Marra, a senior counsel at Calcagni & Kanefsky LLP, created the complaint in a letter Nov. 12 to the New Jersey Division of Gaming Enforcement, a copy of which was supplied to Bloomberg News. Marra stated he was writing on behalf of private investigators he didn’t name. The investigators were retained by a U.S.-primarily based competitor of Evolution, according to folks with knowledge of the matter who asked not to be identified. We can see that Evolution Gaming Group does have institutional investors and they hold 42% of the stock. But we can't rely on that fact alone, considering that institutions make poor investments in some cases, just like absolutely everyone does. It is not uncommon to see a large share price tag drop if two huge institutional investors attempt to sell out of a stock at the very same time. So it is worth checking the previous earnings trajectory of Evolution Gaming Group, (below). Of course, hold in mind that there are other aspects to take into consideration, too.

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