Evolution Gaming is continuing its trend of posting a consistently robust financial performance thanks to a considerable increase in both growth and profit. This is thanks to their policy of investing in new studios and games and the overall rise in global demand for live dealer products. New player demographics are being reached, as people start accessing live content for the first time and are then being won over from other game genres like slots.
Stressing that the organisation is well-positioned to take advantage of the increased demand for live dealer content, Evolution Gaming saw a rise in revenue for 2019’s Q3 a full 47%. Their 2018 total for this period was €64 million+, and it is almost €95 million this year. This nudged their full-year figure to just under €260 million, a 48% increase from last year’s total of a little over €175 million.
This positive income springs from heightened commission revenue from the organisation’s existing customers and new players. Several successful new game launches have resulted in an increased demand for both live and dedicated tables and environments, which also contributed to the overall growth.
Chief Executive Officer at Evolution Gaming Martin Carlesund explained the global impact on his firm, saying that their focus was on continuing to invest in extra studio capacity to meet the growing demand for their products. He stated that their brand-new Malta studio is fully operational, and plans are afoot to augment their existing studios in Georgia and New Jersey.
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