Evolution’s strong growth continues

Evolution Gaming‘s strong growth spurt is showing no signs of abating.

They released their 2016 Q3 financial results today, revealing large increases in both revenue and profit compared with the same period last year.

Operating revenues were up 52% to €81 million, operating profit increased 41% to €24.8 million while earnings per share increased similarly by 39%, doing nothing to diminish this author’s regret at still not becoming a shareholder.

Results extract: source evolutiongaming.com

Highlights for the July to September quarter were listed by the CEO to include:

• Continued strong demand growth for dedicated environments, with launches for Royal Panda, Mr Green, Tempobet and Marathonbet.
• The launch of Romania’s first regulated live casino studio at Grand Casino in Bucharest, the company’s largest single investment for the quarter.
• The launch of Dual Play Roulette at The Ritz Club and The Hippodrome in London.

Continued strong growth in mobile penetration (now representing a staggering 43% of play) also got a mention. As did the fast growing popularity of all live poker tables, including the recently introduced (and pictured above) Ultimate Texas Hold’em table, which has already had a face lift since launch.

Their other recent launch, Baccarat Controlled Squeeze failed to get a mention, probably as its launch just missed falling into Q3 by a matter of days.