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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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Americas Card Room Online Super Series Starts Now -
The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).
New Quick Seat feature at Ignition Poker -
New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.
Finnish people prefer the government to run the casinos -
Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.
NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 -
The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?
Caesar’s Triumph Slot Launches -
Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.
NHL Odds: Pacific Division Foes Face Off in Edmonton -
The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.
Bingo Cataratas Offers Unique Spin on Classic bingo -
Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.
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