Evolution Gaming grows full-year revenue by 38%

By Matthew Enderby

Evolution Gaming increased its operating revenues by 38% to €245.4m ($287.5m) in 2018.

Rising to €107.7m, EBITDA grew by 34% for the supplier, with profit for the period amounting to €83.5m (a 26% increase).

Earnings per share also reached €2.32, a 34% increase, while Q4 earnings per share amounted to €0.71, a 42% rise.

For the fourth quarter, Evolution Gaming saw operating revenues grow by 38% year-on-year to €70.2m.

EBITDA increased by 40% to €31.6m and profit for the period totalled €25.5m, a 42% increase.

Martin Carlesund, Evolution Gaming CEO, said: "We continue to grow in North America. During the fourth quarter, we went live with several new customers in the US, and just after year-end we also signed an agreement with a second customer in Canada.

"To further strengthen our position, we have also carried out Evolution’s first-ever acquisition. With the business of Ezugi, we further extend our footprint especially in the US, while also gaining more studio capacity and resources within product development."


Share This Post


More News

Crown Resorts has rejected the Blackstone Group’s proposal to acquire all of Crown’s shares at a price of AU$12.35 ($9.58) per share. The price per share came from a revised proposal, with...

By Karlo Kralj, VP of Sales at NSoft Traditionally, casino venues and betting shops are nothing alike. The image of casinos has been carefully crafted through decades,...