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NEWS 19 July 2019

Evolution Gaming grows half-year revenue 49%

By Nathan Joyes

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

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.”

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