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Evolution Gaming Group AB Q2-2016
EVOLUTION GAMING HAILS 2ND QUARTER PERFORMANCE
As the company celebrates its 10th Anniversary of operations.
Evolution Gaming Group AB has reported strong second quarter 2016 results that delivered a 50 percent increase in revenue during this their tenth year of operation.
Key performance highlights for the period include:
- Revenue amounting to Euro 27.1 million, up 50 percent over Q2/2015 of Euro 18.1 million.
- Profit amounted to Euro 7.6 million (Q2/12015: Euro 5.9 million).
- Earnings per share rose to Euro 0.21 (Q2/2015: Euro 0.16).
- EBITDA increased by 38 percent to Euro 10.6 million (Q2/2015: Euro 7.7 million), corresponding to a margin of 39 percent (Q2/2015: 42 percent)
- Mobile penetration amounted to 40 percent (Q2/2015: 24 percent)
“As in the first quarter, the expansion is mainly being driven by existing customers,” Jens von Bahr, chief executive officer of Evolution Gaming said. “We expect continued high demand for our services throughout the remainder of the year.”
In addition, Evolution has pushed its list change schedule to the second quarter 2017 in order to focus on the continued delivery of growth with a good margin, the statement reads. “Despite our size in terms of personnel, we are still an agile and entrepreneurial organisation, in which flexibility is important – at the moment, we believe that management must devote all of its efforts to delivering the best product.”
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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