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Evolution Gaming Q4-2015
Wednesday Februsry 17,2016 : STRONG FINAL QUARTER LIFTS EVOLUTION GAMING GROWTH TO NEW HEIGHTS
Live dealer technology provider almost doubles profits in Q4-2015.
The last quarter of 2015 put the final polish on an already glittering full year 2015 for live dealer provider Evolution Gaming, which announced this week that Q4-2015 revenue rose 62 percent year-on-year to Euro 22.4 million, generating profit up a remarkable 81 percent at Euro 7.5 million.
In a successful year where the company has expanded both its client list and existing business, Evolution posted full year 2015 revenues of Euro 75.2 million - a y-o-y rise of 55 percent that gave the company profits up 82 percent to Euro 25.1 million on margins up at 33 percent.
Importantly, mobile boomed with contribution to revenue rising to 32 percent.
The profits came despite increased investment in operating expenses due to a growing pay-roll (up by 644 people since the end of 2014) and facilities expansion.
Recent top management hires included CTO David Craelius and former Netent HR specialist Maria Furenmo to head up the people side.
CEO Jens Bahr says the company has plans to list on the Nasdaq Stockholm Exchange this year.
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Jurassic World Online Slot live -
During the base game, the fierce and genetically modified Indominus Rex can randomly appear on the screen, awarding wins of up to 1,000x the total bet.
Is there a place for AI in poker? -
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MLB Odds: Mets vs. Dodgers -
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NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title -
It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.
Vikings’ Victory Slot Launches -
The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.
50 WSOP Seat Satellite -
Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.
NHL Odds: Series Tied Heading Back to Pittsburgh -
As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.
Huge Win at Bitstarz Casino -
There has been plenty of big wins being landed at BitStarz lately, and yesterday, it was time again. Surprisingly it was yet another Amatic game that made one lucky player extra happy as he raked in an incredible $112,402 during an evening of intense playing.
NBA Odds: Can Warriors Keep up the Pace in Cleveland? -
The Cleveland Cavaliers head back home down 0-2 in the 2017 NBA Finals after losing the first two games straight up and against the spread to the Golden State Warriors by wide margins. Game 3 is Wednesday at 9 PM ET on ABC.
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