In the third quarter, Evolution Gaming’s earnings amounted to 94.7 million euros ($ 105.1 million), an increase of 47% compared to the same period last year, which is due to an increase in commission income from existing customers and, to a certain extent, new customers. By the end of the year, Evolution will double the bandwidth in New Jersey, where it offers state operators 9 out of 21 names of games from their portfolio.
On Thursday, October 31, Evolution Gaming published its interim report for January-September 2019. Revenue in the third quarter amounted to 94.7 million euros, which is equivalent to an increase in 47% compared with the corresponding period of 2018. This is due to an increase in commission income from existing customers and, to a certain extent, from new customers.
The demand for Live Casino games continues to grow, partly as a result of several successful launches of games earlier in 2019, and the number of places for bets from end users amounted to 5.8 billion. Euro. Revenues from dedicated tables and environments also contributed to an increase in additional clients that run or expand their specialized environments Live Casino.
Evolution Gaming General Director Martin Karlesunn so commented on these results: "We are very pleased to report stable strong results for the third quarter. Our investments in new games and studios have an increasingly strong impact, which is reflected both in high growth and increasing profits. We also observe a further increase in demand for Evolution products around the world. In addition, now we are clearly visible that we achieve completely new types of players who are largely played for the first time. These new players are converted from other game categories, such as slots, which is very nice to see. Thanks to our expansion and extension of the capacity of the studio, as well as 10 new games released in the first half of 2019, we can also benefit from the growing total demand for Live Casino ".