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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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The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
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The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
$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.
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