Looking at the numbers regarding recent Evolution Gaming growth, one has to ask, is there something in the water over at Evolutions headquarters and design studio? Whatever the facts show, the premier live casino and blackjack provider, Evolution, seems to get everything right these days? Just listen to these two words Martin Carlesund, CEO of Evolution, used to describe the last period, “exceptional growth”. In other words, things are not just going well, but great, in fact. So, let’s disclose some revealed figures from the live casino provider. But also have a look at some interesting reports. All brought to you in a bite-size format for your convenience. So, if you are interested in the live casino race? Or just like to be on the up and up on the latest developments? All you need to do is set aside a couple of minutes and continue reading.

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Evolution Gaming growth

Evolution Gaming growth – Headlines speaks of record quarters

Let’s get right to it; after Evolution presented its Q1 (2022) results of a total revenue increase of 38.6%, or $339,4 Million (€326.8M), things got real. In fact, after the record quarter got into the public eye, the share price traded roughly 10% higher. And if we do a quick breakdown of the revenue sources. The live casino segment counts for $274,7 Million (€264.5M), up 44%. By which is perfect timing, as the random number generated (RNG) sector only provided an almost flat-line 1.8% increase. Put in a monetary value, $63.5 Million (€61.2M).

Have no fear – Evolution has it all planned

Only seeing a 1.8% RNG increase would scare most providers and operators. Yet, Evolution says in part that. “In line with our expectations”. In fact, the full statement does not hide anything, and we get extremely clear communication from the live casino and blackjack provider. And this with comments like this. “The road to success will not be straight-lined, but the focus and ambition are clear, and I’m convinced that we will reach our growth ambitions over time”. And so far, no one in the industry can distrust anything that Mr. Carlesund says about the company’s growth and ambition. Meaning, when was the last time we saw a bad year or even quarter from Evolution? Let’s look at some more supporting reports.

North American market – Evolution Gaming growth in the US

Leaving the Asian and Europe markets aside, the American side of the business also saw remarkable evolution. In fact, this particular market got a huge boost. With reports say 70.4% in the up worth direction, which translates into $38.2 Million (€36.8M). Sure, not a massive income source. But if we compare this to a strict rest-of-the-world (ROW) growth that produced 79.6% or $38,2 Million (€34.3M), it looks terrific. Where Mr. Carlesund pointed to what made the superior numbers. For instance, he mentioned that. “One Stop Shop and other cross-sales activities are important elements”. But he also spelled it out for everyone by adding. “at the end of the day, the key for improved growth is developing great games for all players”. And it has to get said; that no one is quite as diverse when it comes to casino games and variants then Evolution.

Evolutions market divisions

Before we leave you to explore Evolution, perhaps, let’s have a quick percentage overview of the revenue by geographic location. And if we take it in most significant and falling, we have the rest of Europe (33.28%), Asia (31.63%), followed by North America (11.26%). After that, we see a relatively even spread amongst Other (10.49%), Nordics (6.67%), and finally and equal podium place, the UK (6.67%). However, keep in mind that the reports only encompass the Q1. Plus, bear in mind that Evolution is only in its early phases of the US expansion. As we know that the premier provider of live entertainment to casinos online worldwide will open up more live studio environments in the North American market. That will happen in 2022.

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Evolution Gaming