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Evolution Gaming Published 2019 Annual Report Wrapping Up Another Outstanding Year

Posted on April 3, 2020 | 10:20 am

Evolution Gaming, the leading provider of localized Live Casino products to regulated markets worldwide, has published its 2019 Annual report, summarizing the results of extremely prosperous for the Group year.

2019 was not only a great year in terms of revenue that reached €365.8 million with a 70% growth of EBITDA up to €182.9 million, but also as regards many new and extended partnerships, further investments in studios, and, of course, a bunch of new games.

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Expansion As Key Factor Of Success

The Group’s CEO Martin Carlesund defined 2019 as “another outstanding year in Evolution’s history,” deeming the expansion to both new and existing markets to be the major component of success. He also stressed the important role of new products, launched by the brand in the course of this period.

Martin Carlesund said:

Our ambition is not only to create new experiences for returning casino players, but also games that attract completely new player types and that expand the live vertical in new segments. The most visible proof of this has been the great success for our games in the Game Show category, where titles such as MONOPOLY Live and Lightning Roulette are finding new players every day.“

Besides the aforementioned games, during last year Evolution also released several poker and dice games, as well as gripping Blackjack novelties. The constantly growing range of the company’s Live Dealer tables sees high demand in all corners of the globe.

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More Investments In Studios

In line with the huge expectations of the gambling audience, Evolution makes every effort to serve its customers in the best possible way even in the harsh conditions of the COVID-19 pandemic.

Despite the recent closure…

…of its Tbilisi studio, the company continues to work without any large-scale disruptions, streaming from eight other locations and offering the whole suite of Live Roulette, Live Baccarat, Live Poker, Live Blackjack, and other titles.

Amidst the significant growth of interest in Live Casino, the Group has performed certain adjustments, ready to enhance studio capacities if there’s a need. Regardless of the current difficulties caused by the fast spread of coronavirus, Evolution has ambitious plans for the present year.

Martin Carlesund said: “During 2020 we not only want to maintain our leading market position; we also want to strengthen it – and we will do it by constantly challenging both ourselves and the entire industry.“

“We also continue to invest in our studio capacity to ensure that we meet the global demand for our services. Our eternal mission to increase the gap to our competitors has never been more relevant. Evolution’s employees continue to aim for new heights, and I hope that you as a shareholder, customer and end user will join us on this journey!“

Source: “Evolution Gaming Annual Report 2019”Evolution Gaming. March 24, 2020.

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