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Evolution Gaming published its Q2-2015 results

Friday August 28,2015  : REVENUES AND PROFITS WELL UP AT LIVE DEALER PROVIDER
 
Evolution enjoys a robust second quarter.
 
Live dealer technology and content provider Evolution Gaming published its Q2-2015 results Thursday, highlighting the following financial progress:
 
* Revenues up by 55 percent to Euro 17.9 million (Q2-2014: Euro 11.5 million);
 
* Profit for the period up at Euro 5.9 million (Q2-2014: Euro 2.9 million);
 
* Earnings per share up at Euro cents 16 (0.08);
 
* Adjusted EBITDA up 89 percent to Euro 7.7 million (4.1), corresponding to a margin of 43 percent (35);
 
Events during the second quarter of 2015 were:
 
* Mobile growth in excess of 250 percent year-on-year;
 
* On-premise studio in Belgium with the majority of the country’s online casinos as customers;
 
* Secured rights to games and side bets from Games Marketing;
 
Events following the balance sheet date included a content agreement with Genting Alderney, and  live casinos launched for Adjarabet and Marathonbet:
 
Jens von Bahr, CEO of the company, said the business was experiencing strong growth, particularly among mobile users.
 
"In the second quarter, 24 percent of the operators’ gaming revenues via the Evolution platform were generated by mobile devices compared to 11 percent last year. In absolute numbers the increase was more than 250 percent, still without cannibalising other platforms." he said.
 
One of the most important company achievements in the quarter was the agreement with Casino de Spa in Belgium, where Evolution has built a local studio in accordance with the country’s new gaming regulations.
 
"We currently have six customers who via land-based casinos hold online casino licences from the Belgian Gaming Commission, giving us a virtual monopoly position in the market," von Bahr revealed. "In addition, we have a large number of customers who hold licences to operate online gaming arcades."
 
Giving an update on current trading, von Bahr said that a partnership agreement had been signed with the online division of land gambling giant Genting, presenting good future prospects for the company.
 
With the traditionally quiet third quarter of summer now well advanced, there are signs that business is improving, and Evolution is strongly positioned to take advantage of this by focusing on product range, operational quality and concentrating on regulated markets, he said.



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NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

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Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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