Evolution, one of the world’s most recognizable gaming technology solutions providers, has recently released its year-end report for the 2021 calendar year. The report details very impressive figures for the company which has been aggressively pursuing expansion across its key markets in the United States and Latin America. As revealed by the report, Evolution saw an outstanding 69 percent increase in its operating revenue for the fourth quarter of 2021. This, in turn, pushed its annual revenue to a whopping $1.14 billion. Strong Demand for Live Casino and RNG Segments All the growth recorded in Evolution’s report was primarily driven… Read More
Tag: revenue
LeoVegas Affirms Bid for Dominance in the Live Casino Space with New Launch
Renowned online gaming operator LeoVegas has recently expanded its already impressive portfolio by launching a second brand on top of its proprietary multi-brand platform. This is part of the company’s very ambitious expansion bid that is likely to see it extend its footprint across several new markets across the globe. LiveCasino.com, the recently unveiled brand, has already been rolled out to English-speaking markets across the globe. It will also be getting rolled across all of the companies locally licensed markets in the near future. Taking Lead in the Live Casino Space It goes without saying that the live casino games… Read More
Evolution Reports Impressive Earnings in First Quarter of 2020
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
Ocean Casino Resort Reverses Fortunes, Profits Forecasted
Atlantic City’s Ocean Casino Resort – formerly known as Revel, TEN, and most recently Ocean Resort Casino – has had tumultuous months of financial troubles since it reopened in June 2018. In fact, things got so bad that the company is currently in the process of being handed over to a new owner. Fortunately, everything seems to be looking up right now and the company is expecting to turn a profit for the first time in a very long while. The Boardwalk gaming and entertainment facility originally opened its doors back in 2012 as Revel, an operation that went on… Read More