Evolution Gaming scores outstanding H1 as a dominant live casino supplier

Evolution Gaming scores outstanding H1 as a dominant live casino supplier

Article brief provided by SBC News
  • Ted Menmuir, SBC News
July 24, 2022 12:44 PM
  • Ted Menmuir, SBC News

Evolution Gaming AB has cited a fantastic H1 trading period, in which it has achieved significant commercial, strategic and operating milestones.

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Publishing its 2022 interim trading results, Evolution registered operating revenues of €670m, up 36% on like-for-like 2021 results of €492m.

Topline growth was primarily driven by its Live Casino unit which generated H1 revenues of €542m (H12021: €387m), attributed to increased commission from existing customers and the improved performance of new players. Live Casino growth was supported by Evolution’s RNG unit registering a 21% increase in revenues to €127m, described as a solid performance against increased market competition.

Moving forward, Evolution cited that its RNG portfolio of games would be refreshed by its €340m acquisition of No-Limit City – expected to be closed by Q3 trading.