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Evolution 12 Month revenues increase by 49%

Evolution Gaming has released it year end results for 2019 and they continue to be impressive. 12 Month revenues have increased by 49% over the last 12 month period.

evolution year end report 2019

Evolution Gaming released its Year-end Report for January-December 2019.

Overall it’s been another very successful 12 months: Here are the numbers.

Full-year 2019 (2018)

  • Operating revenues increased by 49% to EUR 365.8 million (245.4).
  • EBITDA increased by 70% to EUR 182.9 million (107.7), corresponding to a margin of 50.0% (43.9).
  • Profit for the period amounted to EUR 149.7 million (83.5).
  • Earnings per share before dilution amounted to EUR 0.83 (0.46).
  • The Board proposes a dividend of EUR 0.42 per share (0.24).

Evolution by the numbers

  • Evolution has more then 8000 employees and 700 tables that serve over 200 customers.
  • Several new customers signed – Flutter Entertainment with brands Paddy Power and Betfair, Parx Casino and Penn National Gaming.
  • Agreements with new operators in Pennsylvania and the process to build a studio in Pennsylvania is ongoing.
  • New Games and Studio Expansion in New Jersey.
  • New studio in Malta now fully operational increasing table capacity.
  • 12 New Game titles showcased at ICE 2020, including Crazy Time and Mega Ball Entertainment games and Craps for the US Market.

CEO Martin Carlesund summarised:

“I am proud of what we have achieved in 2019, which has been an outstanding year from both a financial and operational perspective.

I am very impressed with what our employees achieve every day – we are now approximately 8,000 employees working together with our eternal mission; to increase the gap to the competitors by offering the market’s best solutions. 2020 has started well and I look forward to another exciting year!”

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About Neil’s Casino Comparer Reviews

I have tried to be objective and consistent with all my live casino reviews. Hopefully, they will strike a chord with you, but I thought it might be helpful to explain the criteria I use to mark each of the casinos. Hopefully, the categories and explanations make sense.

Playability – What is the overall impression of the casino? Did I have a good time? are the dealers nice and chatty and is everything easy to understand? Does it have a good set of games and is there a comprehensive set of betting options? Are high stakes players taken care of?

Software – What is the software like to use and does it integrate well with the rest of the casino?. Are the images clear and is the video streaming fast? Have they taken more than the default shared tables? Is it available on mobile?

Payment Options – Does the casino have a good variety of payment options? Do they payout quickly and on time?

Security – How good is the reputation of the casino amongst other players? Do they hold a valid gaming license? Are they transparent about the security measures they have in place? Are they regularly audited? Do they publish this information?

Support – Do they have multiple methods for communication with me? Is support available 24×7? Do they have instant chat and are they quick to respond? Are they able to help me immediately? Do they have an online FAQ and self-help library? Are the support people knowledgeable about the product I’m playing?

Bonuses – Do they have bonuses?. How strict are the wagering requirements? Do they offer repeat bonuses?. Do they offer loyalty points and can they be redeemed for cash or playing credits?

After all that, would I play there regularly?

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