Live casino specialist Evolution reported a 3.1% year-on-year increase in revenue to €524.3m [$609.3m] in the second quarter of 2025, while earnings softened slightly.
CEO Martin Carlesund pointed to a stabilizing outlook amid regulatory headwinds, as well as cybersecurity challenges in key markets.
EBITDA for the quarter remained largely flat at €345.3m [$401.3m], reflecting a 65.9% margin — down from 68.0% in Q2 2024.
Profit for the period fell 7.7% to €248.3m, with earnings per share decreasing to €1.22 from €1.28.
Live Casino revenues were up 3.6% year-on-year and 1.6% quarter-on-quarter. RNG revenue rose just 0.3%, held back by one of the company’s largest RNG payouts to date.
For H1 2025, net revenues rose 3.5% to €1.05bn, while EBITDA edged down to €687.2m. Profit declined 6.6% year-on-year to €503.0m.
