Evolution Announce 53% Rise In Annual Revenues

Evolution the online B2B gaming provider that acquired NetEnt and Red Tiger Gaming announced their full yearly earnings showing a rise in revenues by 53% to €561.1 million from the same period last year.

Profits also rose steeply to €284.6 million compared €149.7 million in 2019.

CEO of Evolution Martin Carlesund said on the results: “We end an eventful 2020 on a high note with a quarter that marks a significant step forward for Evolution. Through the acquisition of NetEnt, we add a second vertical to our unrivalled Live Casino offer and two strong and fantastic new brands to our product portfolio. This makes us well-placed for our long-term ambition of taking a leading global position in online casino. With a strong market penetration in Live Casino and Slots across North America, Asia and Europe as our platform, we remain committed to creating the best gaming experience for every single user in both verticals. I am excited about what lies ahead for 2021 when we will continue to increase the gap to the competition.”