InfoPlay

 Evolution registers strong growth with revenues of € 561.1 million in 2020

 
 Evolution has published its financial results for 2020 and highlights that its operating income increased by 53% compared to 2019. More specifically, the company has indicated that it obtained 561.1 million euros compared to 365.7 million euros in 2019.


INFOPLAY |
Evolution has also reported that regarding the financial indicator EBITDA (Profit before depreciation and amortization of interest taxes) has registered an increase of 82%, that is, it reached 332.2 million euros compared to 182.9 million euros in 2019.

 On these very positive results, Martin Carlesund, executive director of the group, was proud of the great expansion achieved in 2020 and highlighted: “we have delivered twelve fantastic new games and we have seen growth in all geographic regions. We have also prepared the company for continued growth through the acquisition of NetEnt, making us a complete online casino provider”.

Evolution has highlighted the following aspects of 2020:

12 new games & game show category growth Evolution launched 12 new games in 2020 adding to its growing portfolio of casino classics, further diversifying with unique live casino firsts, bringing Craps online, as well as continuing to grow its First-Person range of RNG games.

The acquisition of NetEnt, including Red Tiger, at the end of 2020 added an exceptional product portfolio of top performing slots into Evolution’s offering. The acquisition significantly increased Evolution and NetEnt’s joint market penetration and geographical footprint, not only in the home markets of Europe, but also in the high potential North American and Asian markets.

In October, Evolution Gaming underwent a corporate rebrand to Evolution. This change was to better reflect the true breadth of what Evolution does and to better reflect the brand as it stands today.

During the COVID-19 pandemic, Evolution’s focus has been on creating and maintaining a safe workplace globally for all our employees, while keeping the business running at the highest possible capacity. Evolution services always remained operational during the pandemic. Key product launches went ahead as planned and demand for products from both licenses and players continued to be very strong.

As for US Expansion, despite the global COVID-19 pandemic, the new study was successfully opened in Pennsylvania, and a study is under construction in Michigan.

Regarding responsible gaming, although Evolution does not carry out any direct marketing towards end users, the company promotes responsible marketing practices in general and hence, support the Code of Advertising Gaming and Gambling developed by the UK sector organization CAP (Committee of Advertising Practice). In line with this, any product communications published by the company always carry the ‘BeGambleAware’ message with references for where one can find more information.

All official accounts on social media platforms, which offer age restrictions are behind an 18+ age gate and information about responsible gambling practices are included in the 'About' sections.Evolution has published its financial results for 2020 and highlights that its operating income increased by 53% compared to 2019. More specifically, the company has indicated that it obtained 561.1 million euros compared to 365.7 million euros in 2019.

Evolution has also reported that regarding the financial indicator EBITDA (Profit before depreciation and amortization of interest taxes) has registered an increase of 82%, that is, it reached 332.2 million euros compared to 182.9 million euros in 2019.

On these very positive results, Martin Carlesund, executive director of the group, was proud of the great expansion achieved in 2020 and highlighted: “we have delivered twelve fantastic new games and we have seen growth in all geographic regions. We have also prepared the company for continued growth through the acquisition of NetEnt, making us a complete online casino provider”.


Full report
18+ | Juegoseguro.es – Jugarbien.es
ADVERTISING
   
Información de cookies y web beacons
Esta página web utiliza cookies propias y de terceros, estadísticas y de marketing, con la finalidad de mejorar nuestros servicios y mostrarle información relacionada con sus preferencias, a través del análisis de sus hábitos de navegación. Del mismo modo, este sitio alberga web beacons, que tienen una finalidad similar a la de las cookies. Tanto las cookies como los beacons no se descargarán sin que lo haya aceptado previamente pulsando el botón de aceptación.
Cerrar Banner