CEO of Evolution: “We want to reshape the online casino market in the world”



Its turnover increased by 102% in the first half of the year. CEO Martin Carlesund said Evolution will add two new delivery centers in Europe this year. New studios are planned both in North America and in Europe.

Evolution published on Wednesday his Interim report for January-June 2021. Second quarter sales increased by 100% compared to the second quarter of 2020 at 256.7 million euros. During the first half of 2021, operating revenues increased 102%.

EBITDA increased by 115% to 174.7 million euros, corresponding to a margin of 68%.

“We are reshaping our RNG roadmap and RNG activity revenue increased slightly compared to the first quarter this year, but was down 2% from Q220. I expect year-over-year RNG growth to improve over the next few quarters of this year, “ CEO Martin Carlesund commented. He said “strong demand“contributed to the evolution of the profit margin in the second quarter.

“During the quarter, for example, we created a revolutionary new version of our baccarat game which we hope will be the new way to play baccarat around the world. The Game Show category will see new titles in the second half of this year. We are expanding the category with games that engage gamers with more entertainment and more control for the gamer. We believe this is a way to further expand the category to new types of players, ”said the CEO.

We continue to see increased demand for online casinos around the world. Our products are global and our long-term ambition is to be the global market leader. We want to reshape the online casino market around the world. It’s as simple as that. The potential for expansion lies both in existing geographies and in new markets. This trimester we developed in UK through an agreement with the gaming operator Entain for online games on the Ladbrokes, Coral and Gala platforms. In the United States, new markets are opening up state by state. Our Michigan studio is approved and ready to go, it will be the 3rd studio we operate in the US “, Carlesund said.

He noted that the company has a strong demand for expansion and that it continue to invest in both existing studios as well as new studios in both North America and Europe. In 2021, it will be add two new delivery hubs in Europe. “As 2022 approaches, we see expansion and investment in studios continuing in current locations but also in new markets like Latin America “, he added.



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