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#1 Posted : Saturday, July 27, 2019 6:30:17 AM(UTC)

Joined: 4/2/2016(UTC)
Posts: 421
Software provider, Evolution Gaming, shows huge revenue growth in the second quarter. To be precise, 45%

Their top priority at this stage is Europe and the US. What’s more, the company is planning its expansion in the United States, where the new studio is being constructed in Pennsylvania.

Evolution Gaming CEO, Martin Carlesund had this to add, “Evolution’s strong development continues, and we can report continued high growth and further improved margin in the second quarter. 2019 is the year of products and innovation, and during the period, we have launched all this year’s new games. The response has been instant, and we are overwhelmed by the positive reception among both players and operators. Our aim in the development has been to create games that attract new player types and to expand the live vertical into new segments, and so far we are very happy with the outcome. All games from the new titles within the game show category to the dice games find their audiences and we see a significant increase in the number of players. The new games are not as staff intensive as the traditional table games, which in combination with generally high efficiency in all studios contribute to the margin development.”

“The extended portfolio also contributes to the revenue growth, but it is important to note that most of our revenues continue to derive from our core games and that the new games are still an early stage post-launch. However, all new titles contribute to a generally higher interest in live casino and we believe that the live vertical will continue to grow its share of the total online casino market. When the live vertical grows we take market shares – as do our customers with access to the new games.”

Evolution Gaming was established in 2006 and continues to grow in popularity.
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