Evolution Gaming continues to blast through 2020
July 28, 2020
As many industries are struggling to find their feet in the midst of a global pandemic, Evolution Gaming is having a bumper year!
Possible company buyouts, impressive revenue and profits, plus winning yet another award, Evolution is showing no signs of letting 2020 get them down.
Evolution Gaming: Award-Winning Provider
For the 11th year in a row, Evolution has claimed the title of Live Casino Supplier of the Year at the EGR B2B Awards.
Their winning streak was announced via the virtual ceremony that was held on the 21st of July. Not only did they win, but they beat 12 other shortlisted suppliers to the title.
Thrilled with their win, Martin Carlesund, Evolution Group CEO commented:
“The past 12 months have seen Evolution once again push the boundaries of what is possible in Live Casino. In terms of the way Evolution has continued to develop and introduce ground-breaking new products, it has been a most encouraging year — and all despite a very challenging global situation brought about by the Covid-19 pandemic.
I know I can speak for everyone at Evolution when I say we are extremely proud to have retained this award. Once again, our people have worked tirelessly to extend our position as the number one Live Casino supplier and to deliver an exceptional Live Casino experience for players.”
Carelsund ended his speech by thanking their loyal licensees and those who have supported them.
Big bids and impressive profits
While Evolution has pushed the boundaries of live casino gaming, they’ve always done so smartly, and it has paid off.
Recent reports on earnings from January to June 2020 revealed that Evolution’s operating revenues surged by 48%, to an impressive €243.5 million. Compared to 2019, their profits have almost doubled, increasing by 98% to €124.6 million!
In the second quarter of 2020 alone, at the height of the global pandemic and subsequent lockdown precautions, Evolution’s profit more than doubled. A growth of 104% to €70.4 million solidifies this provider’s place at the head of the industry.
Not letting Covid-19 affect how they operate; it was announced in June that the company had placed a takeover bid for NetEnt for a staggering SEK 19.6 billion.
Add to this exciting game releases such as Crazy Time and it seems that 2020 is Evolution Gaming’s year to shine.
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