Evolution ended 2020 on a high note
Evolution, one of the leaders in the online gambling segment and global B2B provider, summed up the results of 2020. According to the company, this "eventful year" saw the brand record strong results and a number of "huge acquisitions" despite the Covid-19 pandemic.
Thus, in the fourth quarter of last year, the company's operating revenue grew by 68% (up to 177.7 million euros), and the profit for this period amounted to 80.6 million euros.
In 2020, the operator rebranded, changing its official name from Evolution Gaming to Evolution. In addition, the real achievement of the developer is the purchase of two large gambling companies —NetEnt andRed Tiger.
YoY-wise, here operating revenue grew by 53% (up to 561.1 million euros), and profit for the whole of 2020 reached 284.6 million euros (earnings per share increased by 1.55 euros).
Evolution CEO Martin Carlesund summed up the results: “We are ending an eventful 2020 on a high note. All this marks a significant step forward for our progressive company. With the purchase of NetEnt, we were able to add a second vertical to our unrivaled live dealer casino offering. And with the acquisition of Red Tiger, our product portfolio has become one of the most respected in the industry.”
Functional added: “This sets a solid foundation for our long-term ambitions. We strive to take a leading position in the global segment of online casinos. With a steady market penetration of live casinos and slots throughout North America, Asia and Europe, we have become recognized in every corner. We continue to strive to create the best gaming experience for every single user. I am delighted with what awaits us in 2021, when we will continue to increase the gap from competitors. with a request to close the online casino.
Напомним, жители Казахстана обратились к президенту с просьбой закрыть онлайн-казино.