Live-Dealer and Land-Based Concentrations Push Evolution Gaming to Record 2015

February 25th, 2016


Live-Dealer and Land-Based Concentrations Push Evolution Gaming to Record 2015

Evolution Gaming recently published its year-end report for 2015, and it has revealed record results in key areas. The casino software group has generated growth by increasing its focus on the development of live dealer games, and securing land-based casino deals in order to expand its presence in a new market.

Key Developments

Q4 accounted for 30% of the entire year's revenue – a success that was aided by the launch of three new live games; Baccarat Squeeze, Caribbean Stud Poker and Dual Play Roulatte. Evolution Gaming can now offer players live dealer games in six different core varieties, including Roulette, Blackjack, Baccarat, Casino Hold’em, Three-Card Poker and Caribbean Stud Poker.

Mobile compatibility has also proved to be valuable for Evolution Gaming. The year-end report revealed to investors that mobile revenue had increased by a third from Q3 to Q4. By the end of 2015, mobile games generated 32% of all revenue, which shows that increasing numbers of players are enjoying the gaming group's content on their smartphones and tablets.

Evolution Gaming had other positive news to report from Q4, including new software deals with Casumo, Gamesys and SBTech, though it was also quick to point out that Q4’s financial success was mostly driven by existing customers such as William Hill and Genting.

Huge Financial Increases

Evolution Gaming managed to increase in revenue from €13.8 million (£10.7 million) in Q4 2014 to €22.4 million (£17.48 million) in Q4 2015, representing a sizeable rise. The group also announced a huge 82% increase in profit from €3.8 million (£2.97 million) in Q4 2014 to €6.9 million (£5.39 million) in Q4 2015.

For the entire year of 2015, Evolution Gaming reported an impressive 55% increase in revenue. And this latest achievement comes after the group managed to grow from €48.5 million in 2014 to €75.2 million in 2015.

Land-Based Casino Deals

Evolution Gaming Chief Executive Jens von Bahr explained that the rise in live casino profitability has been driven by,

“a significantly increased interest in live casino from land-based casinos [towards] the latter part of 2015 and the beginning of 2016”.

The group ran dedicated live casino studios in Latvia and Malta before establishing operations inside land-based casinos in Belgium and Spain. And, according to von Bahr, Evolution Gaming is poised for continued growth in the market:

“The land-based segment is an exciting growth area in the coming years”.

Evolution Gaming already provides services to land-based casinos such Casino Campione, Casino Dragonara and Genting, and this line-up is set to be joined by new gaming operators Aspire Global and Napoleon Games, who both signed deals with Evolution Gaming in early February.

Expansion Ahead for 2016

Evolution Gaming invested €50.1 million in operating expenses to cover 2015’s growth, and the group is committed to further expansion in 2016. In fact, von Bahr stated in his CEO notes that the group’s target is to “grow faster than the total European live casino market”.

Making deals with both online and land-based operators has opened up significant potential for Evolution Gaming, and 2016’s Q1 results will give an early indication as to how effectively the strategy is performing.

Casino News Articles

UK Player Takes Home £6.2m on £1.25 Spin

Winning over £6 million from a bet of just £1.25 sounds like something that would only be possible in a lottery game, or in your dreams... But that is exactly what one lucky punter from the UK managed ... Read More

Will President-Elect Trump Legalize Online Gambling in the United States?

He may be the man responsible for one of the most fractious presidential campaigns in recent memory, but will Donald Trump finally take a stand on the US online gambling debate? The polarising Preside ... Read More

Make Christmas Great Again by Doubling Up with Guts this Weekend!

"Make Christmas Great Again" this weekend by doubling up the amount of gifts you receive from Guts' with their Double Speed Weekend! To help promote their daily giveaways and WishList Gifts, Guts Casi ... Read More

Don't Miss Yggdrasil Gaming's €200,000 Christmas Calendar

Yggdrasil might have a quirky name but they also tout excellent producers of only the finest online casino games. Those minds are certainly getting into the Christmas spirit nice and early too; Yggdra ... Read More

Check Out Mr Green Casino’s £350k Christmas Calendar

So what does Mr Green’s casino have in store with the £350k Christmas Calendar? It’s the best advent calendar a punter could wish for, for not only does it offer more than tiny titbits of chocolate ev ... Read More

William Hill Back Up and Running After DDoS Attack

Last week punters hoping to wager on the Champions League at William Hill found themselves flummoxed and unable to access the bookmaker’s site for days following a distributed denial of service (DDoS) ... Read More

Casino Navigation


Sign up for the free Newsletter to stay on top of all the best bonuses!
We will never share or misuse your personal information. Privacy Policy

Latest Casino News

Casino Guides

Country Guide