Evolution Gaming grows half-year revenue 49%

Evolution Gaming increased its operating revenue 49% year-on-year to €165m ($185.7m) for H1 2019.

Evolution Gaming grows half-year revenue 49%

Rising to €78.6m, EBITDA grew 63% for the supplier, with profit for the period amounting to €63.1m.

Earnings per share were €0.35 for H1, while Q2 earnings per share were €0.29.

For the second quarter, Evolution Gaming saw operating revenue grow  45% to €85.7m.

In January, Evolution Gaming signed a live casino deal with DraftKings in New Jersey, which was the operator’s first in its history.

Martin Carlesund, Evolution Gaming CEO, said: “During the period, we have launched all this year’s new games. Our aim in the development has been to create games that attract new player types and to expand the live vertical into new segments.

“It is imperative for us to meet the demand for live, to continue to enable innovation within the company and to constantly increase the gap to competition.”

Topics
OnlineLand-BasedCasinoFinancialLegal & RegulatorySports BettingIndustry
Stay updated with GI
Follow Gambling Insider for independent news, analysis and industry expertise.
Nathan Joyes
Journalist

Nathan Joyes is a journalist who served as a Staff Writer at Gambling Insider from October 2018 to October 2019. During his time with the publication, he reported on key developments across the global gambling and iGaming sectors, covering news, regulatory updates and industry trends for both the Gambling Insider website and associated print titles.

Visit Profile

Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.

More News