Evolution Gaming Delivers

EVOLUTION GAMING DELIVERS

27th April, 2016 at 15:23:09
Source: http://www.azonlinecasinos.com

Live casino has what it takes to continue growing at a high pace in the coming years, says live dealer chief.

Evolution Gaming delivered robust results in its latest financial report, saying the live dealer platform provider is confident that the momentum will continue.

- Key performance indicators for the three month period ending March 31, 2016 include:

- Revenues increased by 59% to Euro 24.8 million (Q1/2016 Euro 15.6 million)

- Profit for the period amounted to Euro 7.6 million (Q1/2015: Euro 1.4 million)

- Earnings per share amounted to Euro 0.21 (Q1/2015: Euro 0.04)

- Adjusted EBITDA increased by 67% to Euro 10.3 million (Q1/2015: Euro 6.2 million), with a margin of 42% (Q1/2015: 39 percent)

- Mobile penetration amounted to 34% (Q1/2015: 20 percent)

"On the whole, I view the continued development of both the market and Evolution with the same confidence as previously," chief executive officer of Evolution Gaming, Jens von Bahr said.

"Although Live Casino remains a small part of the total online gaming market, with its social interaction and customisable content, it has what it takes to continuing growing at a high pace over the coming years."

In related news, Evolution Gaming's chief operating officer Svante Liljevall will step down from the position he has held for the past eight years.

Related News Tags:



« News index »



CODERE CHOOSES EVOLUTION GAMING FOR MEXICAN MARKET

21st March, 2017 at 23:23:12
Live casino provider expands into LatAm market.

ENERGYCASINO TAKE ON LIVE DEALER SOLUTION FROM EVOLUTION GAMING

20th March, 2017 at 15:15:56
Expanded live casino offer for UK market.

MEDIALIVE SHOWING OFF VIRTUAL REALITY GAMBLING PRODUCTS AT ITALIAN EXPO

16th March, 2017 at 16:15:59
Live roulette attracting a lot of interest, media reports indicate.

NEW WHITE LABEL ONLINE CASINO LAUNCHED BY ASPIRE GLOBAL

16th March, 2017 at 08:13:32
Slotsmoon is the second brand launched by new white label provider for Stay Gaming.

PLAYTECH LIVE DEBUTS GRAND ROYALE FLAGSHIP BRAND

15th March, 2017 at 16:08:44
First of a series of new concepts is deployed.