Evolution CEO: "We want to re-shape the online casino market in the world"
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Evolution released its Interim Report for January-June 2021. Revenues in the second quarter increased by 100% compared to the first quarter of 2020 to EUR 256.7 million. Over the whole of the year, operating revenues increased 102%. EBITDA grew 115% to EUR 174. 7 million, corresponding to a margin of 68%.
Evolution's Live Casino business grew 59% year-on-year in Q2. Revenues in the second quarter increased by 100%. EBITDA grew 115% to EUR 174.7 million. The company has high demand for its products. Evolution will continue to invest in existing and new studios. In 2021, Evolution plans to add two new delivery hubs in Europe. In 2022, the company plans expansion in new markets like Latin America. It will also invest more in North America and Europe as well. Its Michigan studio is ready for launch. This quarter Evolution expanded in UK through an agreement with Entain for online games on the Ladbrokes, Coral and Gala platforms.
