Its recent online casino division has been experiencing 60% year-on-year development in Q1 which is the ultimate development price that the corporate has seen in one quarter.Ĭarlesund claims that ‘the integration of NetEnt has been successful.

Due to Evolution’s revenue growth, the brand is expecting a ‘robust underlying demand’ from online casino choices in the first quarter of 2021 which is why the team is aiming for further growth. With NetEnt and Red Tiger Gaming, already under Evolution’s belt, its general slot portfolio is ever-increasing.Įvolution Gaming are said to take a great revamp when it comes to the production of new and modern video games, including its slot collection. I look ahead to welcoming Big Time Gaming’s workforce to Evolution and to work collectively on new modern video games.’Īll these recent, and upcoming, acquisitions are all with the intention of Evolution becoming a brand that is a ‘world chief in all disciplines to online casino’. In fact, Evolution’s next plans include the acquisition of another solid brand, Big Time Gaming by the end of this quarter.ĬEO of Evolution Gaming, Martin Carlesund claims that ‘the transaction is predicted to be accomplished throughout the second quarter. Earnings per share earlier than dilution was €0.62.Įvolution Gaming are famous for video-streamed Live Dealer gaming on many brands popular for online gambling in Canada and other countries such as Betsson and Unibet.

Furthermore, the group’s EBITDA also increased by 67.9% to €160 million, while profit increased by 144% to €132 million. This increase came due to the completion of its NetEnt and Red Tiger Gaming acquisitions, as well as growth in the market and overall high demand in the gambling industry. Evolution enjoyed a revenue increase from €115.1 million in the first quarter of 2020 to a €235.8 million revenue now. Industry giant Evolution Gaming’s operation revenue took a massive leap forward and shot up to 105% for 2021’s Q1.

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