Renowned online live dealer casino solutions provider Evolution Gaming has recently reported significant revenue rise in the first quarter of the year. According to the revenue report, the company’s profits nearly doubled in the first quarter of 2020 ending March 31 – this brought the Stockholm-listed organization’s revenue to a whopping €115.1 million. The revenue that was recorded was not only a 45 percent increase from the same period in 2019 but also represented a 79 percent increase in earnings. Consequently, Evolution Gaming’s margins rose to 55.7 percent thus pushing its profits up by 90 percent to €54.2 million. The… Read More
Tag: online gambling
Pnxbet Unveils Live Esports Betting Category
With the ongoing global slowdown due to the coronavirus pandemic, sporting activities have become nearly non-existent. Sports bettors and sports fans have been dealt a bad hand as they no longer have games to indulge in. Things are beginning to change though as a decent number of online gambling platforms have been seeking fresh alternatives to sports betting. Two industries are currently leading this change: the crypto gaming industry and esports. The latest move in this regard is the launch of live esports and virtual sports category by Pnxbet, a very popular brand in the world of crypto and online… Read More
Pragmatic Play Extends Content Supply Deal with BetVictor
Pragmatic continues to extend its footprint across the gaming industry with its latest move in this regard being a partnership with renowned gambling operator BetVictor. The casino content supply is known for delivering a diverse range of content to a number of players in the online gambling industry and it has been pursuing more expansion in a bid to become a leader in the space. What the Deal Entails As it turns out, this is not the first time that Pragmatic Play and BetVictor are partnering up. The new supply is, therefore, more of an extension of an existing deal… Read More
Demand for Live Casino Games Surges Amid Outbreak
The ongoing coronavirus outbreak has had a huge impact on the gambling industry due to the fact that casinos have been forced to shut down and gamers forced to stay in their homes. Despite the fact that most people have to stay down as the relevant parties try to deal with the pandemic, they are still trying to find ways of enjoying the activities that they love. For gamblers, the obvious option has been online gambling. Now, online gambling was very popular even before the onset of the virus but now there is even more demand for the games since… Read More