Aug 13 (Reuters) - Candle Lake has offered to buy Swedish

online casino provider Evolution for about 131.7

billion Swedish crowns ($13.8 billion), or 695 crowns per share,

the investment firm owned by billionaire Kenneth Dart said on

Thursday.

Cayman Islands-registered Candle Lake last month disclosed a

holding of just above 30% of the shares and votes in Evolution,

triggering an obligation to launch an offer for the remaining

shares.

* The offer marks a discount of 5.7% to Evolution's closing

price of 737.2 crowns on Wednesday

* Candle Lake said it had made the bid due to the offer

obligation but did not intend to buy all Evolution shares

* "The bid does seem to imply that Candle Lake would like to

own more shares in Evolution," Jefferies said

* Evolution declined to comment on the offer when contacted

by Reuters

* Evolution shares were down around 1% by midday in

Stockholm

($1 = 9.5608 Swedish crowns)