Evolution Q3 Report Reveals 45% Growth in Live Casino Business
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Evolution has released its revenue report for the third quarter of 2022. Revenues for that period grew by 37.1% to €378.5 million from €276 million in Q3 2021. Earnings before interest, taxes, depreciation, and amortization increased by 35.3% and profits of €221.4 million. For the year-to-date revenues for Evolution increased 36. 5% to €1,049. 3 million compared to the previous year.
Evolution Q3 Report Reveals 45% Growth in Live Casino Business.
Evolution Q3 Report Reveals 45% Growth in Live Casino Business. Total revenues amounted to EUR 378.5 million, an increase of 37.1 percent compared to last year. EBITDA amounted to EUR 261.0 million. For the nine-month period, the Ebitda margin was 69. 5 percent.
Carlesund notes the growing popularity of the company's live casino games. Natasha is a former sports journalist with experience working for some of biggest athletes & brands in the world of sports and iGaming.
Live Casino reported a 45 percent growth of 45% in the quarter.
Total RNG revenue increased by 11 percent compared to last year, including the acquired Nolimit City business. The growth year-on-year is 2 percent.
