Global B2B provider and igaming giant Evolution has reported strong results after “an eventful year” which witnessed huge takeovers and the Covid-19 pandemic.
The company showed Q4 operating revenues increased by 68 per cent to €177.7m with profit for the period amounting to €80.6m.
2020 saw the company rebrand from Evolution Gaming to become Evolution and complete the acquisition of NetEnt and Red Tiger.
Operating revenues for the full year increased by 53 per cent to € 561.1m, with profit for the period amounting to €284.6m and an earnings per share of €1.55.
CEO Martin Carlesund said: “We end an eventful 2020 on a high note with a quarter that marks a significant step forward for Evolution. Through the acquisition of NetEnt, we add a second vertical to our unrivalled live casino offer and two strong and fantastic new brands to our product portfolio.
“This makes us well-placed for our long-term ambition of taking a leading global position in online casino. With a strong market penetration in live casino and slots across North America, Asia and Europe as our platform, we remain committed to creating the best gaming experience for every single user in both verticals.
"I am excited about what lies ahead for 2021 when we will continue to increase the gap to the competition.”
