{"id":245,"date":"2024-06-25T19:36:16","date_gmt":"2024-06-25T16:36:16","guid":{"rendered":"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/"},"modified":"2024-06-25T19:36:16","modified_gmt":"2024-06-25T16:36:16","slug":"evolution-gaming-reports-38-6-revenue-surge-in-q1-2022","status":"publish","type":"post","link":"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/","title":{"rendered":"Evolution Gaming Reports 38.6% Revenue Surge in Q1 2022"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/a0AQYsjeWK0\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Evolution Gaming&#8217;s core live casino unit continued to expand in the initial three months of 2022, contributing to a 38.6% surge in revenue to \u20ac326.8 million.<\/p>\n<p>Income from live dealer games continued to rise rapidly, climbing by 44.3% to \u20ac264.5 million. This is noteworthy, according to the operator&#8217;s chief executive Martin \u00d6hlund Carlsen, as the first-quarter figures are more than double the total recorded in the initial three months of 2020.<\/p>\n<p>&#8220;We witnessed exceptional growth in the initial six months of 2021, so the comparable figures were elevated,&#8221; he stated. &#8220;The start of 2022 has been very positive, and the entertainment and excitement provided by live games continue to attract new and existing clients to participate in our games.&#8221;<\/p>\n<p>Revenue from random number generator (RNG) games expanded at a slower rate, but still climbed by 19.3% to \u20ac62.3 million. Nearly all of this growth can be attributed to the addition of Megaways creator Big Time Gaming, as RNG revenue would have only increased by 1.8% if this segment was included in the first quarter of 2021. Carlsen stated this was &#8220;in line with expectations.&#8221;<\/p>\n<p>&#8220;Customer contentment is always crucial, and achieving this is not a one-time occurrence,&#8221; Carlsen said, referring to the RNG segment. <\/p>\n<p>The route to achievement is rarely a direct course, but our objectives are distinct and I am confident we will attain our growth objectives.<\/p>\n<p>In terms of location, income from Nordic and British markets was \u20ac21.8 million and \u20ac32.9 million, respectively, an increase of 32.9% and 1.8% year-over-year. The rest of Europe was Evolution&#8217;s largest market, generating \u20ac108.8 million in revenue, a 4.5% year-over-year increase.<\/p>\n<p>Asia was the fastest-growing region, with revenue rising by 94.4% to \u20ac103.4 million. North American revenue climbed 70.4% to \u20ac36.8 million, and revenue from the rest of the globe increased 79.6% to \u20ac34.3 million.<\/p>\n<p>Evolution noted that its share of revenue from controlled markets remained stable at 40%.<\/p>\n<p>Costs also climbed, but at a slower pace, rising 27.0% to \u20ac119.7 million. Personnel expenses were the largest cost item, at \u20ac63.5 million, up 30.1%. Depreciation, amortization, and impairment costs increased 22.1% to \u20ac22.6 million, while other operating expenses rose 24.9% to \u20ac33.6 million.<\/p>\n<p>This resulted in an operating profit of \u20ac207.1 million, a 46.2% increase.<\/p>\n<p>The business recorded a \u20ac4.3 million profit on financial items, leading to a profit before tax of \u20ac211.4 million, a 50.2% increase.<\/p>\n<p>After paying \u20ac13.7 million in taxes, Evolution&#8217;s net profit was \u20ac197.7 million, up 49.8%. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Evolution Gaming&#8217;s core live casino unit continued to expand in the initial three months of 2022, contributing to a 38.6% surge in revenue to \u20ac326.8 million. Income from live dealer games continued to rise rapidly, climbing by 44.3% to \u20ac264.5 million. This is noteworthy, according to the operator&#8217;s chief executive Martin \u00d6hlund Carlsen, as the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Evolution Gaming Soars: Q1 Revenue Up 38.6%<\/title>\n<meta name=\"description\" content=\"Evolution Gaming\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Evolution Gaming Reports 38.6% Revenue Surge in Q1 2022\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Evolution Gaming\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Immerse Yourself in Licensed Casino Fun &amp; Latest News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T16:36:16+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/\",\"url\":\"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/\",\"name\":\"Evolution Gaming Soars: Q1 Revenue Up 38.6%\",\"isPartOf\":{\"@id\":\"https:\/\/digits7promocode2024.icu\/#website\"},\"datePublished\":\"2024-06-25T16:36:16+00:00\",\"dateModified\":\"2024-06-25T16:36:16+00:00\",\"author\":{\"@id\":\"https:\/\/digits7promocode2024.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Evolution Gaming\",\"breadcrumb\":{\"@id\":\"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/digits7promocode2024.icu\/2024\/06\/25\/evolution-gaming-reports-38-6-revenue-surge-in-q1-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/digits7promocode2024.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Evolution Gaming Reports 38.6% Revenue Surge in Q1 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/digits7promocode2024.icu\/#website\",\"url\":\"https:\/\/digits7promocode2024.icu\/\",\"name\":\"Immerse Yourself in Licensed Casino Fun &amp; Latest News\",\"description\":\"Stay ahead of the curve with our up-to-date casino news, in-depth game reviews, and informative insights. 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